TaxStats for postcode 3067 FY2013

Postcode 3067 includes Abbotsford, Abbotsford in Victoria, and is in the federal electorate of Melbourne.

In FY 2013 the ATO recorded 3,655 individuals in postcode 3067. Of these people, 3,625 made a taxable income or loss. 3,020 of the population paid a gross amount of tax. After tax offsets, 2,840 people actually paid a net amount of tax. There were 785 non-taxable people who paid net tax of $0.

Compare TaxStats of 3067 with VIC

3067 TaxStats FY2013%Ppl#Ppl3067
Total Individuals100%3,655
Salary or Wage 84%3,085$58,453$180,329,000
Gross Interest62%2,280$1,789$4,078,417
Unfranked Dividends8%280$1,535$429,788
Franked Dividends21%760$9,656$7,338,318
Dividend Franking Credit21%760$4,137$3,144,037
Capital Gains4%145$13,526$1,961,308
Termination Payouts1%45$23,537$1,059,169
Tips/Directors Fees etc14%525$4,113$2,159,268
Business Income12%450$28,980$13,040,807
Foreign Income5%185$1,615$298,794
Government payments8%305$5,500$1,677,548
Government pensions2%85$9,979$848,180
Total Income or Loss100%3,640$64,630$235,252,040
Charitable Gifts40%1,445$461$666,245
Cost of Tax Affairs44%1,625$468$760,177
Work Car expenses24%875$2,554$2,234,705
Work Travel expenses16%570$1,112$633,745
Self Education expenses5%200$2,515$503,097
Total Deductions82%3,005$3,301$9,919,119
Taxable Income99%3,625$61,987$224,703,189
Medicare Levy 75%2,740$1,146$3,138,706
Medicare Surcharge 2%75$1,113$83,462
Gross Tax 83%3,020$16,867$50,937,355
Net Tax 78%2,840$18,641$52,940,042
Average Tax 100%3,655 $14,484$52,940,042
Gross Tax Rate 83%3,020 27%$50,937,355
Net Tax Rate 78%2,840 30%$52,940,042
Average Tax Rate 100%3,655 23%$52,940,042
%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 $61,987. It is estimated that the average taxable income for people who paid a net amount of tax was $75804.

The average net tax paid was $18,641. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 2,740 people for an average of $1,146. 75 people paid $1,113 on average more for the Medicare surcharge.

3,085 people earned a salary or wage and took home an average of $58,453 each.

Government allowance and payments were collected by 305 people for on average $5,500. 85 people received the pension or other allowance.

Charitable gifts and donations of an average of $461 were made by 1,445 people.

The costs of tax affairs for 1,625 people were claimed for $468 each.