TaxStats for postcode 3788 FY2013

Postcode 3788 includes Olinda, Olinda in Victoria, and is in the federal electorate of Casey.

In FY 2013 the ATO recorded 1,100 individuals in postcode 3788. Of these people, 1,090 made a taxable income or loss. 880 of the population paid a gross amount of tax. After tax offsets, 805 people actually paid a net amount of tax. There were 285 non-taxable people who paid net tax of $0.

Compare TaxStats of 3788 with VIC

3788 TaxStats FY2013%Ppl#Ppl3788
Total Individuals100%1,100
Salary or Wage 72%795$56,546$44,953,914
Gross Interest60%655$2,347$1,537,398
Unfranked Dividends10%115$766$88,042
Franked Dividends26%285$8,851$2,522,570
Dividend Franking Credit26%285$3,792$1,080,774
Capital Gains5%60$6,906$414,362
Termination Payouts2%20$19,150$382,993
Tips/Directors Fees etc20%215$4,991$1,073,002
Business Income14%150$23,650$3,547,491
Foreign Income7%75$1,674$125,544
Government payments5%60$5,752$345,110
Government pensions5%60$8,506$510,377
Total Income or Loss100%1,095$58,879$64,472,181
Charitable Gifts38%415$441$183,054
Cost of Tax Affairs46%510$432$220,483
Work Car expenses27%300$2,697$809,151
Work Travel expenses11%120$1,083$129,931
Self Education expenses4%45$2,554$114,943
Total Deductions80%875$3,241$2,835,504
Taxable Income99%1,090$56,357$61,429,257
Medicare Levy 71%780$1,083$845,089
Medicare Surcharge 1%15$1,032$15,475
Gross Tax 80%880$15,039$13,234,083
Net Tax 73%805$16,778$13,506,071
Average Tax 100%1,100 $12,278$13,506,071
Gross Tax Rate 80%880 27%$13,234,083
Net Tax Rate 73%805 30%$13,506,071
Average Tax Rate 100%1,100 22%$13,506,071
%PPL is rounded Percentage of total individuals used in the average (AVG).
#PPL is the number of individuals used to calculate the average (AVG).
*Tax Rates calculated from Taxable Income.
*Treat each stat/line item separately. Columns while related do not total due to different numbers of people used in each calculation.

The average taxable income was $56,357. It is estimated that the average taxable income for people who paid a net amount of tax was $72061.

The average net tax paid was $16,778. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 780 people for an average of $1,083. 15 people paid $1,032 on average more for the Medicare surcharge.

795 people earned a salary or wage and took home an average of $56,546 each.

Government allowance and payments were collected by 60 people for on average $5,752. 60 people received the pension or other allowance.

Charitable gifts and donations of an average of $441 were made by 415 people.

The costs of tax affairs for 510 people were claimed for $432 each.