TaxStats for postcode 3094 FY2013

Postcode 3094 includes Montmorency, Montmorency in Victoria, and is in the federal electorate of Jagajaga.

In FY 2013 the ATO recorded 5,375 individuals in postcode 3094. Of these people, 5,355 made a taxable income or loss. 4,415 of the population paid a gross amount of tax. After tax offsets, 4,095 people actually paid a net amount of tax. There were 1,260 non-taxable people who paid net tax of $0.

Compare TaxStats of 3094 with VIC

3094 TaxStats FY2013%Ppl#Ppl3094
Total Individuals100%5,375
Salary or Wage 80%4,295$54,729$235,060,313
Gross Interest62%3,325$1,676$5,573,151
Unfranked Dividends11%570$469$267,371
Franked Dividends27%1,475$3,707$5,468,395
Dividend Franking Credit27%1,470$1,592$2,340,102
Capital Gains4%225$19,481$4,383,129
Termination Payouts2%115$13,062$1,502,089
Tips/Directors Fees etc19%1,005$3,909$3,928,526
Business Income10%535$18,709$10,009,052
Foreign Income6%305$516$157,263
Government payments6%300$5,076$1,522,700
Government pensions5%275$8,870$2,439,320
Total Income or Loss100%5,360$55,707$298,591,033
Charitable Gifts44%2,350$347$816,533
Cost of Tax Affairs50%2,670$307$820,318
Work Car expenses29%1,560$2,569$4,007,390
Work Travel expenses11%585$1,114$651,896
Self Education expenses4%205$1,856$380,512
Total Deductions83%4,470$2,852$12,750,455
Taxable Income100%5,355$53,343$285,652,965
Medicare Levy 75%4,005$984$3,941,222
Medicare Surcharge 1%45$1,386$62,349
Gross Tax 82%4,415$12,934$57,102,432
Net Tax 76%4,095$14,281$58,479,712
Average Tax 100%5,375 $10,880$58,479,712
Gross Tax Rate 82%4,415 24%$57,102,432
Net Tax Rate 76%4,095 27%$58,479,712
Average Tax Rate 100%5,375 20%$58,479,712
%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 $53,343. It is estimated that the average taxable income for people who paid a net amount of tax was $66064.

The average net tax paid was $14,281. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 4,005 people for an average of $984. 45 people paid $1,386 on average more for the Medicare surcharge.

4,295 people earned a salary or wage and took home an average of $54,729 each.

Government allowance and payments were collected by 300 people for on average $5,076. 275 people received the pension or other allowance.

Charitable gifts and donations of an average of $347 were made by 2,350 people.

The costs of tax affairs for 2,670 people were claimed for $307 each.