TaxStats for postcode 3159 FY2013

Postcode 3159 includes Menzies Creek, Selby in Victoria, and is in the federal electorate of La Trobe.

In FY 2013 the ATO recorded 1,485 individuals in postcode 3159. Of these people, 1,475 made a taxable income or loss. 1,195 of the population paid a gross amount of tax. After tax offsets, 1,115 people actually paid a net amount of tax. There were 360 non-taxable people who paid net tax of $0.

Compare TaxStats of 3159 with VIC

3159 TaxStats FY2013%Ppl#Ppl3159
Total Individuals100%1,485
Salary or Wage 81%1,200$51,337$61,603,859
Gross Interest56%835$1,336$1,115,418
Unfranked Dividends9%140$415$58,044
Franked Dividends22%325$5,696$1,851,235
Dividend Franking Credit22%325$2,441$793,207
Capital Gains3%45$7,657$344,574
Termination Payouts2%35$15,121$529,236
Tips/Directors Fees etc22%320$3,324$1,063,731
Business Income13%195$15,745$3,070,295
Foreign Income5%75$518$38,887
Government payments7%105$4,920$516,605
Government pensions4%60$9,284$557,011
Total Income or Loss100%1,480$52,581$77,820,555
Charitable Gifts41%605$284$171,958
Cost of Tax Affairs48%720$352$253,541
Work Car expenses27%405$2,604$1,054,817
Work Travel expenses11%160$1,150$184,047
Self Education expenses5%80$1,793$143,428
Total Deductions84%1,250$2,722$3,403,013
Taxable Income99%1,475$50,386$74,319,368
Medicare Levy 73%1,080$939$1,014,441
Medicare Surcharge 1%10$2,437$24,374
Gross Tax 80%1,195$11,918$14,241,606
Net Tax 75%1,115$13,012$14,508,398
Average Tax 100%1,485 $9,770$14,508,398
Gross Tax Rate 80%1,195 24%$14,241,606
Net Tax Rate 75%1,115 26%$14,508,398
Average Tax Rate 100%1,485 19%$14,508,398
%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 $50,386. It is estimated that the average taxable income for people who paid a net amount of tax was $62780.

The average net tax paid was $13,012. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,080 people for an average of $939. 10 people paid $2,437 on average more for the Medicare surcharge.

1,200 people earned a salary or wage and took home an average of $51,337 each.

Government allowance and payments were collected by 105 people for on average $4,920. 60 people received the pension or other allowance.

Charitable gifts and donations of an average of $284 were made by 605 people.

The costs of tax affairs for 720 people were claimed for $352 each.