TaxStats for postcode 3691 FY2013

Postcode 3691 includes Allans Flat, Bandiana, Baranduda, Barnawartha North, Bellbridge, Berringama, Bethanga, Bonegilla, Bungil, Castle Creek, Coral Bank, Dederang, Ebden, Gateway Island, Glen Creek, Gundowring, Hume Weir, Huon Creek, Kancoona, Kergunyah, Kergunyah South, Kiewa, Killara, Lake Hume Village, Leneva, Lone Pine, Lucyvale, Mongans Bridge, Osbornes Flat, Running Creek, Staghorn Flat, Talgarno, Tangambalanga, Thologolong, Upper Gundowring, Wodonga Forward in Victoria, and is in the federal electorate of Indi.

In FY 2013 the ATO recorded 4,965 individuals in postcode 3691. Of these people, 4,925 made a taxable income or loss. 3,925 of the population paid a gross amount of tax. After tax offsets, 3,615 people actually paid a net amount of tax. There were 1,310 non-taxable people who paid net tax of $0.

Compare TaxStats of 3691 with VIC

3691 TaxStats FY2013%Ppl#Ppl3691
Avg
3691
Total
Total Individuals100%4,965
Income
Salary or Wage 78%3,875$48,329$187,274,391
Gross Interest60%3,000$1,482$4,444,855
Unfranked Dividends12%610$972$592,916
Franked Dividends25%1,225$6,627$8,117,911
Dividend Franking Credit25%1,225$2,839$3,478,121
Capital Gains4%205$7,095$1,454,538
Termination Payouts2%75$12,574$943,025
Tips/Directors Fees etc24%1,190$2,007$2,387,814
Business Income10%500$16,048$8,023,751
Foreign Income5%250$800$200,085
Government payments6%295$5,311$1,566,880
Government pensions5%260$9,013$2,343,294
Total Income or Loss100%4,945$50,555$249,993,715
Deducations
Charitable Gifts33%1,650$282$464,940
Cost of Tax Affairs45%2,225$317$705,924
Work Car expenses27%1,325$2,146$2,843,494
Work Travel expenses7%350$2,711$948,816
Self Education expenses4%220$1,686$370,919
Total Deductions82%4,055$2,803$11,366,424
Taxation
Taxable Income99%4,925$48,379$238,268,697
Medicare Levy 68%3,375$917$3,093,589
Medicare Surcharge 1%60$1,138$68,250
Gross Tax 79%3,925$11,693$45,894,662
Net Tax 73%3,615$12,897$46,621,026
Average Tax 100%4,965 $9,390$46,621,026
Gross Tax Rate 79%3,925 24%$45,894,662
Net Tax Rate 73%3,615 27%$46,621,026
Average Tax Rate 100%4,965 19%$46,621,026
%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 $48,379. It is estimated that the average taxable income for people who paid a net amount of tax was $61563.

The average net tax paid was $12,897. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 3,375 people for an average of $917. 60 people paid $1,138 on average more for the Medicare surcharge.

3,875 people earned a salary or wage and took home an average of $48,329 each.

Government allowance and payments were collected by 295 people for on average $5,311. 260 people received the pension or other allowance.

Charitable gifts and donations of an average of $282 were made by 1,650 people.

The costs of tax affairs for 2,225 people were claimed for $317 each.