TaxStats for postcode 3753 FY2013

Postcode 3753 includes Beveridge in Victoria, and is in the federal electorate of McEwen.

In FY 2013 the ATO recorded 770 individuals in postcode 3753. Of these people, 765 made a taxable income or loss. 665 of the population paid a gross amount of tax. After tax offsets, 625 people actually paid a net amount of tax. There were 140 non-taxable people who paid net tax of $0.

Compare TaxStats of 3753 with VIC

3753 TaxStats FY2013%Ppl#Ppl3753
Avg
3753
Total
Total Individuals100%770
Income
Salary or Wage 83%640$54,045$34,588,484
Gross Interest47%365$1,511$551,517
Unfranked Dividends5%40$260$10,420
Franked Dividends15%115$5,723$658,178
Dividend Franking Credit15%115$2,453$282,049
Capital Gains3%20$19,922$398,442
Termination Payouts3%25$7,992$199,808
Tips/Directors Fees etc21%165$4,641$765,740
Business Income8%60$15,013$900,751
Foreign Income3%20$304$6,078
Government payments6%45$5,264$236,871
Government pensions3%25$8,675$216,869
Total Income or Loss99%765$54,812$41,931,135
Deducations
Charitable Gifts42%325$148$48,174
Cost of Tax Affairs56%430$247$106,166
Work Car expenses35%270$3,347$903,590
Work Travel expenses13%100$1,895$189,497
Self Education expenses3%25$2,660$66,492
Total Deductions84%650$3,361$2,184,443
Taxation
Taxable Income99%765$51,861$39,673,420
Medicare Levy 78%600$914$548,175
Medicare Surcharge 3%20$789$15,782
Gross Tax 86%665$11,411$7,588,359
Net Tax 81%625$12,504$7,815,158
Average Tax 100%770 $10,150$7,815,158
Gross Tax Rate 86%665 22%$7,588,359
Net Tax Rate 81%625 24%$7,815,158
Average Tax Rate 100%770 20%$7,815,158
%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 $51,861. It is estimated that the average taxable income for people who paid a net amount of tax was $60789.

The average net tax paid was $12,504. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 600 people for an average of $914. 20 people paid $789 on average more for the Medicare surcharge.

640 people earned a salary or wage and took home an average of $54,045 each.

Government allowance and payments were collected by 45 people for on average $5,264. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $148 were made by 325 people.

The costs of tax affairs for 430 people were claimed for $247 each.