TaxStats for postcode 3775 FY2013

Postcode 3775 includes Christmas Hills, Dixons Creek, Steels Creek, Tarrawarra, Yarra Glen in Victoria, and is in the federal electorate of McEwen.

In FY 2013 the ATO recorded 2,230 individuals in postcode 3775. Of these people, 2,205 made a taxable income or loss. 1,750 of the population paid a gross amount of tax. After tax offsets, 1,595 people actually paid a net amount of tax. There were 610 non-taxable people who paid net tax of $0.

Compare TaxStats of 3775 with VIC

3775 TaxStats FY2013%Ppl#Ppl3775
Avg
3775
Total
Total Individuals100%2,230
Income
Salary or Wage 75%1,670$51,565$86,113,098
Gross Interest59%1,315$1,772$2,329,743
Unfranked Dividends10%220$586$128,867
Franked Dividends25%565$10,017$5,659,873
Dividend Franking Credit25%560$4,331$2,425,447
Capital Gains4%80$18,368$1,469,467
Termination Payouts2%40$9,559$382,361
Tips/Directors Fees etc17%390$4,051$1,579,899
Business Income12%270$12,429$3,355,740
Foreign Income4%100$6,674$667,357
Government payments5%110$5,371$590,787
Government pensions6%140$9,803$1,372,368
Total Income or Loss100%2,220$54,500$120,989,716
Deducations
Charitable Gifts35%770$511$393,598
Cost of Tax Affairs48%1,075$316$340,014
Work Car expenses26%575$3,000$1,724,897
Work Travel expenses10%215$1,461$314,124
Self Education expenses4%85$1,668$141,741
Total Deductions80%1,785$2,994$5,343,953
Taxation
Taxable Income99%2,205$52,150$114,991,732
Medicare Levy 69%1,545$1,003$1,550,219
Medicare Surcharge 2%40$983$39,316
Gross Tax 78%1,750$13,591$23,784,330
Net Tax 72%1,595$15,077$24,048,594
Average Tax 100%2,230 $10,784$24,048,594
Gross Tax Rate 78%1,750 26%$23,784,330
Net Tax Rate 72%1,595 29%$24,048,594
Average Tax Rate 100%2,230 21%$24,048,594
%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 $52,150. It is estimated that the average taxable income for people who paid a net amount of tax was $67506.

The average net tax paid was $15,077. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 1,545 people for an average of $1,003. 40 people paid $983 on average more for the Medicare surcharge.

1,670 people earned a salary or wage and took home an average of $51,565 each.

Government allowance and payments were collected by 110 people for on average $5,371. 140 people received the pension or other allowance.

Charitable gifts and donations of an average of $511 were made by 770 people.

The costs of tax affairs for 1,075 people were claimed for $316 each.