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#Ppl3765
Total Individuals100%3,975
Salary or Wage 79%3,140$50,242$157,760,503
Gross Interest59%2,345$1,648$3,864,389
Unfranked Dividends9%370$369$136,395
Franked Dividends25%995$5,368$5,341,085
Dividend Franking Credit25%990$2,312$2,288,583
Capital Gains3%125$8,428$1,053,554
Termination Payouts2%80$7,894$631,538
Tips/Directors Fees etc22%855$3,655$3,125,021
Business Income11%420$22,547$9,469,880
Foreign Income5%180$995$179,086
Government payments5%210$4,772$1,002,063
Government pensions5%195$9,000$1,755,031
Total Income or Loss100%3,960$53,334$211,202,070
Charitable Gifts38%1,505$315$474,359
Cost of Tax Affairs48%1,895$289$547,407
Work Car expenses28%1,095$2,759$3,020,645
Work Travel expenses11%420$968$406,605
Self Education expenses4%170$1,698$288,603
Total Deductions83%3,285$2,809$9,226,956
Taxable Income99%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.