TaxStats for postcode 3954 FY2013

Postcode 3954 includes Koonwarra in Victoria, and is in the federal electorate of McMillan.

In FY 2013 the ATO recorded 215 individuals in postcode 3954. Of these people, 215 made a taxable income or loss. 160 of the population paid a gross amount of tax. After tax offsets, 140 people actually paid a net amount of tax. There were 75 non-taxable people who paid net tax of $0.

Compare TaxStats of 3954 with VIC

3954 TaxStats FY2013%Ppl#Ppl3954
Total Individuals100%215
Salary or Wage 65%140$45,401$6,356,147
Gross Interest65%140$2,366$331,178
Unfranked Dividends16%35$495$17,321
Franked Dividends35%75$15,239$1,142,927
Dividend Franking Credit35%75$6,528$489,584
Capital Gains9%20$3,907$78,134
Termination Payouts2%5$8,101$40,507
Tips/Directors Fees etc12%25$2,240$55,989
Business Income16%35$5,121$179,242
Foreign Income7%15$426$6,397
Government payments5%10$3,883$38,831
Government pensions7%15$8,531$127,966
Total Income or Loss100%215$50,019$10,754,076
Charitable Gifts40%85$410$34,824
Cost of Tax Affairs37%80$245$19,592
Work Car expenses16%35$1,659$58,050
Work Travel expenses5%10$2,500$25,002
Self Education expenses2%5$842$4,212
Total Deductions72%155$2,543$394,155
Taxable Income100%215$48,111$10,343,862
Medicare Levy 63%135$1,011$136,453
Medicare Surcharge 2%5$320$1,602
Gross Tax 74%160$13,505$2,160,854
Net Tax 65%140$15,728$2,201,909
Average Tax 100%215 $10,241$2,201,909
Gross Tax Rate 74%160 28%$2,160,854
Net Tax Rate 65%140 33%$2,201,909
Average Tax Rate 100%215 21%$2,201,909
%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 $48,111. It is estimated that the average taxable income for people who paid a net amount of tax was $67456.

The average net tax paid was $15,728. This equates to an average tax of 33 cents in the dollar on taxable income.

The Medicare levy was paid by 135 people for an average of $1,011. 5 people paid $320 on average more for the Medicare surcharge.

140 people earned a salary or wage and took home an average of $45,401 each.

Government allowance and payments were collected by 10 people for on average $3,883. 15 people received the pension or other allowance.

Charitable gifts and donations of an average of $410 were made by 85 people.

The costs of tax affairs for 80 people were claimed for $245 each.