TaxStats for postcode 3805 FY2013

Postcode 3805 includes Fountain Gate, Narre Warren, Narre Warren South in Victoria, and is in the federal electorate of Holt.

In FY 2013 the ATO recorded 29,200 individuals in postcode 3805. Of these people, 29,065 made a taxable income or loss. 24,035 of the population paid a gross amount of tax. After tax offsets, 22,450 people actually paid a net amount of tax. There were 6,615 non-taxable people who paid net tax of $0.

Compare TaxStats of 3805 with VIC

3805 TaxStats FY2013%Ppl#Ppl3805
Avg
3805
Total
Total Individuals100%29,200
Income
Salary or Wage 86%25,020$48,887$1,223,159,644
Gross Interest47%13,810$1,023$14,123,392
Unfranked Dividends5%1,370$341$467,826
Franked Dividends14%4,005$3,863$15,472,205
Dividend Franking Credit14%3,990$1,661$6,629,257
Capital Gains2%665$11,019$7,327,635
Termination Payouts2%625$9,298$5,811,261
Tips/Directors Fees etc21%6,145$3,242$19,923,456
Business Income9%2,595$17,370$45,076,031
Foreign Income2%635$410$260,319
Government payments7%2,105$4,909$10,333,914
Government pensions4%1,030$8,933$9,201,358
Total Income or Loss100%29,080$48,818$1,419,636,702
Deducations
Charitable Gifts40%11,760$245$2,884,879
Cost of Tax Affairs53%15,475$242$3,742,035
Work Car expenses32%9,410$2,740$25,781,984
Work Travel expenses11%3,245$1,119$3,632,502
Self Education expenses5%1,390$1,662$2,310,226
Total Deductions85%24,685$2,695$66,529,667
Taxation
Taxable Income100%29,065$46,517$1,352,019,729
Medicare Levy 74%21,475$849$18,227,738
Medicare Surcharge 1%270$1,076$290,464
Gross Tax 82%24,035$9,870$237,216,473
Net Tax 77%22,450$10,901$244,727,181
Average Tax 100%29,200 $8,381$244,727,181
Gross Tax Rate 82%24,035 21%$237,216,473
Net Tax Rate 77%22,450 23%$244,727,181
Average Tax Rate 100%29,200 18%$244,727,181
%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 $46,517. It is estimated that the average taxable income for people who paid a net amount of tax was $56688.

The average net tax paid was $10,901. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 21,475 people for an average of $849. 270 people paid $1,076 on average more for the Medicare surcharge.

25,020 people earned a salary or wage and took home an average of $48,887 each.

Government allowance and payments were collected by 2,105 people for on average $4,909. 1,030 people received the pension or other allowance.

Charitable gifts and donations of an average of $245 were made by 11,760 people.

The costs of tax affairs for 15,475 people were claimed for $242 each.