TaxStats for postcode 3930 FY2013

Postcode 3930 includes Kunyung, Mount Eliza, Mount Eliza in Victoria, and is in the federal electorate of Dunkley.

In FY 2013 the ATO recorded 10,915 individuals in postcode 3930. Of these people, 10,830 made a taxable income or loss. 8,630 of the population paid a gross amount of tax. After tax offsets, 7,815 people actually paid a net amount of tax. There were 3,015 non-taxable people who paid net tax of $0.

Compare TaxStats of 3930 with VIC

3930 TaxStats FY2013%Ppl#Ppl3930
Avg
3930
Total
Total Individuals100%10,915
Income
Salary or Wage 68%7,450$61,647$459,270,832
Gross Interest64%7,010$2,934$20,569,304
Unfranked Dividends14%1,500$1,992$2,988,063
Franked Dividends34%3,700$13,745$50,856,970
Dividend Franking Credit34%3,685$5,914$21,792,702
Capital Gains8%825$17,064$14,077,570
Termination Payouts1%150$30,144$4,521,555
Tips/Directors Fees etc17%1,840$6,524$12,004,009
Business Income10%1,115$36,920$41,165,873
Foreign Income9%940$1,823$1,713,416
Government payments4%440$4,578$2,014,476
Government pensions6%680$9,161$6,229,817
Total Income or Loss99%10,860$71,156$772,751,501
Deducations
Charitable Gifts36%3,920$825$3,234,338
Cost of Tax Affairs47%5,155$523$2,695,040
Work Car expenses26%2,815$3,505$9,866,277
Work Travel expenses10%1,110$1,396$1,549,237
Self Education expenses3%335$1,746$584,805
Total Deductions79%8,650$4,157$35,956,373
Taxation
Taxable Income99%10,830$67,928$735,659,415
Medicare Levy 69%7,575$1,342$10,169,085
Medicare Surcharge 1%110$1,190$130,892
Gross Tax 79%8,630$21,157$182,585,000
Net Tax 72%7,815$23,872$186,560,538
Average Tax 100%10,915 $17,092$186,560,538
Gross Tax Rate 79%8,630 31%$182,585,000
Net Tax Rate 72%7,815 35%$186,560,538
Average Tax Rate 100%10,915 25%$186,560,538
%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 $67,928. It is estimated that the average taxable income for people who paid a net amount of tax was $89505.

The average net tax paid was $23,872. This equates to an average tax of 35 cents in the dollar on taxable income.

The Medicare levy was paid by 7,575 people for an average of $1,342. 110 people paid $1,190 on average more for the Medicare surcharge.

7,450 people earned a salary or wage and took home an average of $61,647 each.

Government allowance and payments were collected by 440 people for on average $4,578. 680 people received the pension or other allowance.

Charitable gifts and donations of an average of $825 were made by 3,920 people.

The costs of tax affairs for 5,155 people were claimed for $523 each.