TaxStats for postcode 3765 FY2013
Postcode 3765 includes Montrose, Montrose in Victoria, and is in the federal electorate of Casey.
In FY 2013 the ATO recorded 3,975 individuals in postcode 3765. Of these people, 3,955 made a taxable income or loss. 3,205 of the population paid a gross amount of tax. After tax offsets, 2,955 people actually paid a net amount of tax. There were 1,000 non-taxable people who paid net tax of $0.
Compare TaxStats of 3765 with VIC
| 3765 TaxStats FY2013 | %Ppl | #Ppl | 3765 Avg | 3765 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 3,975 | ||
| Income | ||||
| Salary or Wage | 79% | 3,140 | $50,242 | $157,760,503 |
| Gross Interest | 59% | 2,345 | $1,648 | $3,864,389 |
| Unfranked Dividends | 9% | 370 | $369 | $136,395 |
| Franked Dividends | 25% | 995 | $5,368 | $5,341,085 |
| Dividend Franking Credit | 25% | 990 | $2,312 | $2,288,583 |
| Capital Gains | 3% | 125 | $8,428 | $1,053,554 |
| Termination Payouts | 2% | 80 | $7,894 | $631,538 |
| Tips/Directors Fees etc | 22% | 855 | $3,655 | $3,125,021 |
| Business Income | 11% | 420 | $22,547 | $9,469,880 |
| Foreign Income | 5% | 180 | $995 | $179,086 |
| Government payments | 5% | 210 | $4,772 | $1,002,063 |
| Government pensions | 5% | 195 | $9,000 | $1,755,031 |
| Total Income or Loss | 100% | 3,960 | $53,334 | $211,202,070 |
| Deducations | ||||
| Charitable Gifts | 38% | 1,505 | $315 | $474,359 |
| Cost of Tax Affairs | 48% | 1,895 | $289 | $547,407 |
| Work Car expenses | 28% | 1,095 | $2,759 | $3,020,645 |
| Work Travel expenses | 11% | 420 | $968 | $406,605 |
| Self Education expenses | 4% | 170 | $1,698 | $288,603 |
| Total Deductions | 83% | 3,285 | $2,809 | $9,226,956 |
| Taxation | ||||
| Taxable Income | 99% | 3,955 | $51,046 | $201,886,433 |
| Medicare Levy | 72% | 2,880 | $960 | $2,764,724 |
| Medicare Surcharge | 1% | 35 | $1,437 | $50,279 |
| Gross Tax | 81% | 3,205 | $12,442 | $39,876,670 |
| Net Tax | 74% | 2,955 | $13,883 | $41,025,538 |
| Average Tax | 100% | 3,975 | $10,321 | $41,025,538 |
| Gross Tax Rate | 81% | 3,205 | 24% | $39,876,670 |
| Net Tax Rate | 74% | 2,955 | 27% | $41,025,538 |
| Average Tax Rate | 100% | 3,975 | 20% | $41,025,538 |
| %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 $51,046. It is estimated that the average taxable income for people who paid a net amount of tax was $64259.
The average net tax paid was $13,883. This equates to an average tax of 27 cents in the dollar on taxable income.
The Medicare levy was paid by 2,880 people for an average of $960. 35 people paid $1,437 on average more for the Medicare surcharge.
3,140 people earned a salary or wage and took home an average of $50,242 each.
Government allowance and payments were collected by 210 people for on average $4,772. 195 people received the pension or other allowance.
Charitable gifts and donations of an average of $315 were made by 1,505 people.
The costs of tax affairs for 1,895 people were claimed for $289 each.