TaxStats for postcode 3835 FY2013

Postcode 3835 includes Thorpdale in Victoria, and is in the federal electorate of McMillan.

In FY 2013 the ATO recorded 350 individuals in postcode 3835. Of these people, 345 made a taxable income or loss. 260 of the population paid a gross amount of tax. After tax offsets, 235 people actually paid a net amount of tax. There were 110 non-taxable people who paid net tax of $0.

Compare TaxStats of 3835 with VIC

3835 TaxStats FY2013%Ppl#Ppl3835
Total Individuals100%350
Salary or Wage 69%240$48,141$11,553,764
Gross Interest54%190$3,084$585,908
Unfranked Dividends10%35$172$6,003
Franked Dividends23%80$8,246$659,674
Dividend Franking Credit23%80$3,534$282,709
Capital Gains3%10$10,629$106,286
Termination Payouts3%10$8,273$82,731
Tips/Directors Fees etc20%70$2,832$198,260
Business Income10%35$19,492$682,236
Foreign Income6%20$422$8,435
Government payments4%15$7,039$105,588
Government pensions4%15$9,861$147,914
Total Income or Loss99%345$46,537$16,055,403
Charitable Gifts33%115$195$22,438
Cost of Tax Affairs40%140$398$55,737
Work Car expenses29%100$2,363$236,323
Work Travel expenses7%25$2,640$65,997
Self Education expenses1%5$2,356$11,781
Total Deductions74%260$3,219$836,971
Taxable Income99%345$42,505$14,664,293
Medicare Levy 63%220$908$199,838
Medicare Surcharge 3%10$1,232$12,316
Gross Tax 74%260$10,559$2,745,339
Net Tax 67%235$11,860$2,787,093
Average Tax 100%350 $7,963$2,787,093
Gross Tax Rate 74%260 25%$2,745,339
Net Tax Rate 67%235 28%$2,787,093
Average Tax Rate 100%350 19%$2,787,093
%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 $42,505. It is estimated that the average taxable income for people who paid a net amount of tax was $56784.

The average net tax paid was $11,860. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 220 people for an average of $908. 10 people paid $1,232 on average more for the Medicare surcharge.

240 people earned a salary or wage and took home an average of $48,141 each.

Government allowance and payments were collected by 15 people for on average $7,039. 15 people received the pension or other allowance.

Charitable gifts and donations of an average of $195 were made by 115 people.

The costs of tax affairs for 140 people were claimed for $398 each.