TaxStats for postcode 3785 FY2013

Postcode 3785 includes Tremont, Tremont in Victoria, and is in the federal electorate of La Trobe.

In FY 2013 the ATO recorded 50 individuals in postcode 3785. Of these people, 50 made a taxable income or loss. 40 of the population paid a gross amount of tax. After tax offsets, 35 people actually paid a net amount of tax. There were 15 non-taxable people who paid net tax of $0.

Compare TaxStats of 3785 with VIC

3785 TaxStats FY2013%Ppl#Ppl3785
Total Individuals100%50
Salary or Wage 80%40$50,327$2,013,069
Gross Interest50%25$208$5,212
Unfranked Dividends10%5$4$22
Franked Dividends10%5$85$425
Dividend Franking Credit10%5$36$181
Capital Gains10%5$23,713$118,567
Termination Payouts%0$$0
Tips/Directors Fees etc20%10$7,451$74,507
Business Income10%5$32,358$161,788
Foreign Income%0$$0
Government payments20%10$5,610$56,099
Government pensions10%5$2,325$11,624
Total Income or Loss100%50$48,572$2,428,575
Charitable Gifts40%20$213$4,260
Cost of Tax Affairs40%20$499$9,983
Work Car expenses30%15$1,682$25,234
Work Travel expenses20%10$529$5,286
Self Education expenses10%5$357$1,787
Total Deductions70%35$2,159$75,554
Taxable Income100%50$47,060$2,353,021
Medicare Levy 70%35$937$32,797
Medicare Surcharge %0$$0
Gross Tax 80%40$10,676$427,043
Net Tax 70%35$12,625$441,892
Average Tax 100%50 $8,838$441,892
Gross Tax Rate 80%40 23%$427,043
Net Tax Rate 70%35 27%$441,892
Average Tax Rate 100%50 19%$441,892
%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 $47,060. It is estimated that the average taxable income for people who paid a net amount of tax was $62086.

The average net tax paid was $12,625. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 35 people for an average of $937.

40 people earned a salary or wage and took home an average of $50,327 each.

Government allowance and payments were collected by 10 people for on average $5,610. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $213 were made by 20 people.

The costs of tax affairs for 20 people were claimed for $499 each.