TaxStats for postcode 3029 FY2013

Postcode 3029 includes Hoppers Crossing, Tarneit, Truganina in Victoria, and is in the federal electorate of Lalor.

In FY 2013 the ATO recorded 41,740 individuals in postcode 3029. Of these people, 41,525 made a taxable income or loss. 34,590 of the population paid a gross amount of tax. After tax offsets, 32,425 people actually paid a net amount of tax. There were 9,100 non-taxable people who paid net tax of $0.

Compare TaxStats of 3029 with VIC

3029 TaxStats FY2013%Ppl#Ppl3029
Total Individuals100%41,740
Salary or Wage 87%36,435$50,137$1,826,746,839
Gross Interest46%19,190$1,040$19,949,540
Unfranked Dividends4%1,815$287$521,146
Franked Dividends12%5,035$2,165$10,901,914
Dividend Franking Credit12%5,010$932$4,668,143
Capital Gains2%815$9,626$7,844,903
Termination Payouts2%1,005$8,972$9,016,964
Tips/Directors Fees etc22%9,140$2,730$24,956,555
Business Income8%3,480$16,055$55,872,612
Foreign Income2%770$715$550,299
Government payments7%3,080$5,309$16,353,032
Government pensions3%1,400$9,064$12,689,429
Total Income or Loss100%41,545$49,686$2,064,214,630
Charitable Gifts41%17,270$242$4,179,186
Cost of Tax Affairs55%22,915$200$4,574,834
Work Car expenses33%13,835$2,601$35,990,849
Work Travel expenses10%4,365$1,267$5,530,116
Self Education expenses5%2,135$1,901$4,057,574
Total Deductions84%35,210$2,742$96,544,198
Taxable Income99%41,525$47,371$1,967,063,597
Medicare Levy 74%30,695$862$26,474,230
Medicare Surcharge 1%525$1,131$593,963
Gross Tax 83%34,590$10,053$347,745,267
Net Tax 78%32,425$11,093$359,689,844
Average Tax 100%41,740 $8,617$359,689,844
Gross Tax Rate 83%34,590 21%$347,745,267
Net Tax Rate 78%32,425 23%$359,689,844
Average Tax Rate 100%41,740 18%$359,689,844
%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 $47,371. It is estimated that the average taxable income for people who paid a net amount of tax was $57297.

The average net tax paid was $11,093. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 30,695 people for an average of $862. 525 people paid $1,131 on average more for the Medicare surcharge.

36,435 people earned a salary or wage and took home an average of $50,137 each.

Government allowance and payments were collected by 3,080 people for on average $5,309. 1,400 people received the pension or other allowance.

Charitable gifts and donations of an average of $242 were made by 17,270 people.

The costs of tax affairs for 22,915 people were claimed for $200 each.