TaxStats for postcode 3377 FY2013

Postcode 3377 includes Ararat, Ararat, Ararat East, Ararat East, Armstrong, Armstrong, Ben Nevis, Bulgana, Cathcart, Cathcart, Crowlands, Crowlands, Denicull Creek, Denicull Creek, Dobie, Dobie, Dunneworthy, Dunneworthy, Eversley, Eversley, Jallukur, Langi Logan, Langi Logan, Maroona, Maroona, Mount Cole, Mount Cole, Mount Cole Creek, Mount Cole Creek, Moyston, Norval, Norval, Rhymney, Rhymney, Rocky Point, Rocky Point, Rossbridge, Rossbridge, Shays Flat, Shays Flat, Warrak, Warrak in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 4,845 individuals in postcode 3377. Of these people, 4,815 made a taxable income or loss. 3,745 of the population paid a gross amount of tax. After tax offsets, 3,345 people actually paid a net amount of tax. There were 1,470 non-taxable people who paid net tax of $0.

Compare TaxStats of 3377 with VIC

3377 TaxStats FY2013%Ppl#Ppl3377
Avg
3377
Total
Total Individuals100%4,845
Income
Salary or Wage 79%3,830$42,668$163,416,859
Gross Interest50%2,420$1,820$4,404,661
Unfranked Dividends15%725$420$304,571
Franked Dividends26%1,240$4,239$5,256,161
Dividend Franking Credit26%1,240$1,816$2,251,565
Capital Gains3%160$8,215$1,314,321
Termination Payouts1%70$6,675$467,216
Tips/Directors Fees etc20%975$1,817$1,771,359
Business Income8%370$11,366$4,205,326
Foreign Income5%225$329$73,982
Government payments9%435$5,306$2,308,230
Government pensions8%375$9,759$3,659,506
Total Income or Loss100%4,835$42,359$204,806,725
Deducations
Charitable Gifts38%1,850$227$420,784
Cost of Tax Affairs58%2,810$219$614,526
Work Car expenses26%1,245$2,020$2,514,681
Work Travel expenses8%410$2,428$995,452
Self Education expenses4%210$1,407$295,388
Total Deductions82%3,970$2,447$9,714,521
Taxation
Taxable Income99%4,815$40,375$194,404,421
Medicare Levy 65%3,145$794$2,496,652
Medicare Surcharge 1%40$1,170$46,784
Gross Tax 77%3,745$8,475$31,737,691
Net Tax 69%3,345$9,526$31,863,818
Average Tax 100%4,845 $6,577$31,863,818
Gross Tax Rate 77%3,745 21%$31,737,691
Net Tax Rate 69%3,345 24%$31,863,818
Average Tax Rate 100%4,845 16%$31,863,818
%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 $40,375. It is estimated that the average taxable income for people who paid a net amount of tax was $52844.

The average net tax paid was $9,526. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 3,145 people for an average of $794. 40 people paid $1,170 on average more for the Medicare surcharge.

3,830 people earned a salary or wage and took home an average of $42,668 each.

Government allowance and payments were collected by 435 people for on average $5,306. 375 people received the pension or other allowance.

Charitable gifts and donations of an average of $227 were made by 1,850 people.

The costs of tax affairs for 2,810 people were claimed for $219 each.