TaxStats for postcode 3026 FY2013

Postcode 3026 includes Laverton North in Victoria, and is in the federal electorate of Gellibrand.

In FY 2013 the ATO recorded 170 individuals in postcode 3026. Of these people, 165 made a taxable income or loss. 140 of the population paid a gross amount of tax. After tax offsets, 125 people actually paid a net amount of tax. There were 40 non-taxable people who paid net tax of $0.

Compare TaxStats of 3026 with VIC

3026 TaxStats FY2013%Ppl#Ppl3026
Avg
3026
Total
Total Individuals100%170
Income
Salary or Wage 82%140$52,737$7,383,122
Gross Interest38%65$1,054$68,493
Unfranked Dividends3%5$1,033$5,167
Franked Dividends6%10$4,538$45,384
Dividend Franking Credit6%10$1,945$19,446
Capital Gains3%5$16,045$80,225
Termination Payouts3%5$3,634$18,171
Tips/Directors Fees etc21%35$8,132$284,611
Business Income6%10$16,039$160,388
Foreign Income3%5$2$8
Government payments9%15$5,262$78,924
Government pensions3%5$11,943$59,717
Total Income or Loss97%165$53,803$8,877,551
Deducations
Charitable Gifts29%50$386$19,310
Cost of Tax Affairs50%85$417$35,484
Work Car expenses26%45$3,162$142,268
Work Travel expenses9%15$2,029$30,431
Self Education expenses3%5$1,987$9,936
Total Deductions76%130$3,054$396,999
Taxation
Taxable Income97%165$50,881$8,395,406
Medicare Levy 65%110$1,008$110,840
Medicare Surcharge 3%5$586$2,928
Gross Tax 82%140$11,442$1,601,812
Net Tax 74%125$13,352$1,668,970
Average Tax 100%170 $9,817$1,668,970
Gross Tax Rate 82%140 22%$1,601,812
Net Tax Rate 74%125 26%$1,668,970
Average Tax Rate 100%170 19%$1,668,970
%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 $50,881. It is estimated that the average taxable income for people who paid a net amount of tax was $63323.

The average net tax paid was $13,352. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 110 people for an average of $1,008. 5 people paid $586 on average more for the Medicare surcharge.

140 people earned a salary or wage and took home an average of $52,737 each.

Government allowance and payments were collected by 15 people for on average $5,262. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $386 were made by 50 people.

The costs of tax affairs for 85 people were claimed for $417 each.