TaxStats for postcode 3957 FY2013

Postcode 3957 includes Grassy Spur, Stony Creek in Victoria, and is in the federal electorate of McMillan.

In FY 2013 the ATO recorded 195 individuals in postcode 3957. Of these people, 185 made a taxable income or loss. 120 of the population paid a gross amount of tax. After tax offsets, 90 people actually paid a net amount of tax. There were 95 non-taxable people who paid net tax of $0.

Compare TaxStats of 3957 with VIC

3957 TaxStats FY2013%Ppl#Ppl3957
Total Individuals100%195
Salary or Wage 49%95$39,296$3,733,098
Gross Interest64%125$3,558$444,765
Unfranked Dividends23%45$1,281$57,633
Franked Dividends26%50$2,759$137,944
Dividend Franking Credit26%50$1,182$59,112
Capital Gains8%15$1,785$26,770
Termination Payouts3%5$1,288$6,440
Tips/Directors Fees etc15%30$621$18,624
Business Income15%30$4,278$128,337
Foreign Income5%10$208$2,076
Government payments8%15$8,972$134,576
Government pensions10%20$8,797$175,942
Total Income or Loss100%195$29,966$5,843,467
Charitable Gifts31%60$222$13,315
Cost of Tax Affairs41%80$300$24,025
Work Car expenses15%30$1,852$55,570
Work Travel expenses5%10$1,075$10,754
Self Education expenses5%10$814$8,138
Total Deductions64%125$2,239$279,857
Taxable Income95%185$29,482$5,454,079
Medicare Levy 46%90$714$64,287
Medicare Surcharge 3%5$187$936
Gross Tax 62%120$6,857$822,810
Net Tax 46%90$8,045$724,074
Average Tax 100%195 $3,713$724,074
Gross Tax Rate 62%120 23%$822,810
Net Tax Rate 46%90 27%$724,074
Average Tax Rate 100%195 13%$724,074
%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 $29,482. It is estimated that the average taxable income for people who paid a net amount of tax was $47934.

The average net tax paid was $8,045. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 90 people for an average of $714. 5 people paid $187 on average more for the Medicare surcharge.

95 people earned a salary or wage and took home an average of $39,296 each.

Government allowance and payments were collected by 15 people for on average $8,972. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $222 were made by 60 people.

The costs of tax affairs for 80 people were claimed for $300 each.