TaxStats for postcode 3433 FY2013

Postcode 3433 includes Monegeetta in Victoria, and is in the federal electorate of McEwen.

In FY 2013 the ATO recorded 125 individuals in postcode 3433. Of these people, 125 made a taxable income or loss. 100 of the population paid a gross amount of tax. After tax offsets, 95 people actually paid a net amount of tax. There were 30 non-taxable people who paid net tax of $0.

Compare TaxStats of 3433 with VIC

3433 TaxStats FY2013%Ppl#Ppl3433
Avg
3433
Total
Total Individuals100%125
Income
Salary or Wage 76%95$57,987$5,508,765
Gross Interest64%80$599$47,954
Unfranked Dividends4%5$274$1,370
Franked Dividends24%30$6,252$187,563
Dividend Franking Credit24%30$2,679$80,377
Capital Gains4%5$309$1,544
Termination Payouts4%5$28,608$143,040
Tips/Directors Fees etc16%20$6,231$124,611
Business Income12%15$18,377$275,661
Foreign Income4%5$212$1,060
Government payments4%5$1,067$5,333
Government pensions4%5$7,137$35,684
Total Income or Loss100%125$60,224$7,527,990
Deducations
Charitable Gifts52%65$180$11,713
Cost of Tax Affairs52%65$413$26,819
Work Car expenses36%45$2,292$103,160
Work Travel expenses16%20$2,656$53,121
Self Education expenses4%5$213$1,065
Total Deductions80%100$3,622$362,179
Taxation
Taxable Income100%125$57,326$7,165,811
Medicare Levy 76%95$1,070$101,612
Medicare Surcharge 4%5$511$2,553
Gross Tax 80%100$15,307$1,530,747
Net Tax 76%95$16,465$1,564,153
Average Tax 100%125 $12,513$1,564,153
Gross Tax Rate 80%100 27%$1,530,747
Net Tax Rate 76%95 29%$1,564,153
Average Tax Rate 100%125 22%$1,564,153
%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 $57,326. It is estimated that the average taxable income for people who paid a net amount of tax was $71640.

The average net tax paid was $16,465. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 95 people for an average of $1,070. 5 people paid $511 on average more for the Medicare surcharge.

95 people earned a salary or wage and took home an average of $57,987 each.

Government allowance and payments were collected by 5 people for on average $1,067. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $180 were made by 65 people.

The costs of tax affairs for 65 people were claimed for $413 each.