TaxStats for postcode 3962 FY2013

Postcode 3962 includes Agnes, Christies, Toora, Toora North, Wonyip, Woorarra, Woorarra East in Victoria, and is in the federal electorate of McMillan.

In FY 2013 the ATO recorded 490 individuals in postcode 3962. Of these people, 485 made a taxable income or loss. 325 of the population paid a gross amount of tax. After tax offsets, 280 people actually paid a net amount of tax. There were 205 non-taxable people who paid net tax of $0.

Compare TaxStats of 3962 with VIC

3962 TaxStats FY2013%Ppl#Ppl3962
Total Individuals100%490
Salary or Wage 66%325$39,289$12,768,887
Gross Interest50%245$2,887$707,200
Unfranked Dividends9%45$1,106$49,778
Franked Dividends19%95$2,593$246,288
Dividend Franking Credit19%95$1,110$105,486
Capital Gains3%15$6,443$96,639
Termination Payouts1%5$10,234$51,171
Tips/Directors Fees etc21%105$2,267$238,074
Business Income14%70$-2,204$-154,273
Foreign Income3%15$572$8,586
Government payments9%45$6,965$313,424
Government pensions10%50$9,944$497,225
Total Income or Loss100%490$32,560$15,954,516
Charitable Gifts38%185$139$25,630
Cost of Tax Affairs39%190$266$50,496
Work Car expenses27%130$2,060$267,860
Work Travel expenses6%30$1,128$33,836
Self Education expenses4%20$950$18,997
Total Deductions73%360$2,170$781,065
Taxable Income99%485$31,077$15,072,323
Medicare Levy 54%265$744$197,197
Medicare Surcharge 1%5$1,033$5,164
Gross Tax 66%325$7,517$2,443,068
Net Tax 57%280$8,591$2,405,462
Average Tax 100%490 $4,909$2,405,462
Gross Tax Rate 66%325 24%$2,443,068
Net Tax Rate 57%280 28%$2,405,462
Average Tax Rate 100%490 16%$2,405,462
%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 $31,077. It is estimated that the average taxable income for people who paid a net amount of tax was $45044.

The average net tax paid was $8,591. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 265 people for an average of $744. 5 people paid $1,033 on average more for the Medicare surcharge.

325 people earned a salary or wage and took home an average of $39,289 each.

Government allowance and payments were collected by 45 people for on average $6,965. 50 people received the pension or other allowance.

Charitable gifts and donations of an average of $139 were made by 185 people.

The costs of tax affairs for 190 people were claimed for $266 each.