TaxStats for postcode 3945 FY2013

Postcode 3945 includes Bellview, Jeetho, Krowera, Loch, Woodleigh in Victoria, and is in the federal electorate of McMillan.

In FY 2013 the ATO recorded 565 individuals in postcode 3945. Of these people, 560 made a taxable income or loss. 405 of the population paid a gross amount of tax. After tax offsets, 355 people actually paid a net amount of tax. There were 205 non-taxable people who paid net tax of $0.

Compare TaxStats of 3945 with VIC

3945 TaxStats FY2013%Ppl#Ppl3945
Total Individuals100%565
Salary or Wage 65%365$44,414$16,210,997
Gross Interest60%340$2,383$810,180
Unfranked Dividends17%95$888$84,324
Franked Dividends26%145$2,586$374,915
Dividend Franking Credit26%145$1,107$160,452
Capital Gains7%40$21,995$879,781
Termination Payouts2%10$22,190$221,896
Tips/Directors Fees etc19%105$3,436$360,765
Business Income15%85$9,248$786,116
Foreign Income4%20$130$2,609
Government payments5%30$6,168$185,049
Government pensions6%35$8,592$300,726
Total Income or Loss100%565$41,987$23,722,616
Charitable Gifts30%170$298$50,605
Cost of Tax Affairs40%225$258$57,977
Work Car expenses19%105$2,179$228,846
Work Travel expenses7%40$1,824$72,946
Self Education expenses3%15$2,110$31,653
Total Deductions72%405$2,908$1,177,542
Taxable Income99%560$40,197$22,510,041
Medicare Levy 59%335$877$293,672
Medicare Surcharge 2%10$1,897$18,970
Gross Tax 72%405$10,039$4,065,989
Net Tax 63%355$11,532$4,093,918
Average Tax 100%565 $7,246$4,093,918
Gross Tax Rate 72%405 25%$4,065,989
Net Tax Rate 63%355 29%$4,093,918
Average Tax Rate 100%565 18%$4,093,918
%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 $40,197. It is estimated that the average taxable income for people who paid a net amount of tax was $56479.

The average net tax paid was $11,532. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 335 people for an average of $877. 10 people paid $1,897 on average more for the Medicare surcharge.

365 people earned a salary or wage and took home an average of $44,414 each.

Government allowance and payments were collected by 30 people for on average $6,168. 35 people received the pension or other allowance.

Charitable gifts and donations of an average of $298 were made by 170 people.

The costs of tax affairs for 225 people were claimed for $258 each.