TaxStats for postcode 3027 FY2013

Postcode 3027 includes Laverton Raaf, Williams Landing, Williams Raaf in Victoria, and is in the federal electorate of Lalor.

In FY 2013 the ATO recorded 2,655 individuals in postcode 3027. Of these people, 2,630 made a taxable income or loss. 2,225 of the population paid a gross amount of tax. After tax offsets, 2,130 people actually paid a net amount of tax. There were 500 non-taxable people who paid net tax of $0.

Compare TaxStats of 3027 with VIC

3027 TaxStats FY2013%Ppl#Ppl3027
Total Individuals100%2,655
Salary or Wage 87%2,305$58,115$133,955,209
Gross Interest48%1,270$681$865,055
Unfranked Dividends3%90$742$66,735
Franked Dividends12%320$1,630$521,672
Dividend Franking Credit12%320$692$221,581
Capital Gains3%70$10,625$743,759
Termination Payouts2%60$6,085$365,107
Tips/Directors Fees etc20%525$4,840$2,540,918
Business Income11%290$22,074$6,401,342
Foreign Income2%55$386$21,253
Government payments5%125$4,945$618,187
Government pensions1%35$8,905$311,680
Total Income or Loss99%2,635$56,696$149,394,742
Charitable Gifts36%950$281$266,793
Cost of Tax Affairs50%1,325$255$337,340
Work Car expenses35%930$2,785$2,589,902
Work Travel expenses14%365$1,067$389,281
Self Education expenses7%190$2,238$425,241
Total Deductions84%2,225$3,085$6,863,132
Taxable Income99%2,630$54,123$142,343,852
Medicare Levy 76%2,015$967$1,947,856
Medicare Surcharge 2%40$1,225$48,999
Gross Tax 84%2,225$12,653$28,152,740
Net Tax 80%2,130$13,815$29,426,324
Average Tax 100%2,655 $11,083$29,426,324
Gross Tax Rate 84%2,225 23%$28,152,740
Net Tax Rate 80%2,130 26%$29,426,324
Average Tax Rate 100%2,655 20%$29,426,324
%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 $54,123. It is estimated that the average taxable income for people who paid a net amount of tax was $64011.

The average net tax paid was $13,815. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 2,015 people for an average of $967. 40 people paid $1,225 on average more for the Medicare surcharge.

2,305 people earned a salary or wage and took home an average of $58,115 each.

Government allowance and payments were collected by 125 people for on average $4,945. 35 people received the pension or other allowance.

Charitable gifts and donations of an average of $281 were made by 950 people.

The costs of tax affairs for 1,325 people were claimed for $255 each.