TaxStats for postcode 3815 FY2013

Postcode 3815 includes Bunyip, Bunyip North, Iona, Tonimbuk in Victoria, and is in the federal electorate of McMillan.

In FY 2013 the ATO recorded 1,590 individuals in postcode 3815. Of these people, 1,585 made a taxable income or loss. 1,205 of the population paid a gross amount of tax. After tax offsets, 1,105 people actually paid a net amount of tax. There were 480 non-taxable people who paid net tax of $0.

Compare TaxStats of 3815 with VIC

3815 TaxStats FY2013%Ppl#Ppl3815
Avg
3815
Total
Total Individuals100%1,590
Income
Salary or Wage 73%1,165$47,873$55,771,534
Gross Interest52%830$2,287$1,898,147
Unfranked Dividends12%195$221$43,115
Franked Dividends21%335$3,894$1,304,468
Dividend Franking Credit21%335$1,668$558,655
Capital Gains3%50$21,634$1,081,715
Termination Payouts2%30$14,919$447,561
Tips/Directors Fees etc19%310$2,984$925,036
Business Income11%175$15,560$2,722,980
Foreign Income3%45$339$15,267
Government payments6%90$5,203$468,277
Government pensions6%90$9,059$815,311
Total Income or Loss100%1,590$47,411$75,382,947
Deducations
Charitable Gifts34%545$196$106,942
Cost of Tax Affairs48%770$497$382,368
Work Car expenses30%470$2,825$1,327,758
Work Travel expenses10%165$2,247$370,817
Self Education expenses4%60$1,597$95,818
Total Deductions80%1,275$3,112$3,967,167
Taxation
Taxable Income100%1,585$44,971$71,278,497
Medicare Levy 67%1,065$891$949,009
Medicare Surcharge 2%25$1,275$31,873
Gross Tax 76%1,205$10,918$13,155,872
Net Tax 69%1,105$12,131$13,404,571
Average Tax 100%1,590 $8,431$13,404,571
Gross Tax Rate 76%1,205 24%$13,155,872
Net Tax Rate 69%1,105 27%$13,404,571
Average Tax Rate 100%1,590 19%$13,404,571
%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 $44,971. It is estimated that the average taxable income for people who paid a net amount of tax was $59293.

The average net tax paid was $12,131. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 1,065 people for an average of $891. 25 people paid $1,275 on average more for the Medicare surcharge.

1,165 people earned a salary or wage and took home an average of $47,873 each.

Government allowance and payments were collected by 90 people for on average $5,203. 90 people received the pension or other allowance.

Charitable gifts and donations of an average of $196 were made by 545 people.

The costs of tax affairs for 770 people were claimed for $497 each.