TaxStats for postcode 3409 FY2013

Postcode 3409 includes Arapiles, Clear Lake, Douglas, Douglas, Duchembegarra, Grass Flat, Jilpanger, Miga Lake, Mitre, Natimuk, Noradjuha, Tooan, Wombelano in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 640 individuals in postcode 3409. Of these people, 635 made a taxable income or loss. 490 of the population paid a gross amount of tax. After tax offsets, 435 people actually paid a net amount of tax. There were 200 non-taxable people who paid net tax of $0.

Compare TaxStats of 3409 with VIC

3409 TaxStats FY2013%Ppl#Ppl3409
Avg
3409
Total
Total Individuals100%640
Income
Salary or Wage 63%405$36,826$14,914,484
Gross Interest69%440$3,120$1,373,005
Unfranked Dividends22%140$300$41,979
Franked Dividends36%230$3,347$769,917
Dividend Franking Credit36%230$1,434$329,855
Capital Gains12%80$3,543$283,408
Termination Payouts1%5$1,938$9,688
Tips/Directors Fees etc21%135$1,379$186,202
Business Income12%80$18,825$1,506,024
Foreign Income12%80$282$22,593
Government payments7%45$5,889$264,998
Government pensions7%45$9,691$436,087
Total Income or Loss100%640$46,111$29,511,225
Deducations
Charitable Gifts27%175$315$55,169
Cost of Tax Affairs41%265$286$75,752
Work Car expenses18%115$2,138$245,846
Work Travel expenses5%35$2,983$104,412
Self Education expenses4%25$989$24,714
Total Deductions76%485$3,862$1,872,949
Taxation
Taxable Income99%635$42,523$27,002,073
Medicare Levy 65%415$904$375,133
Medicare Surcharge 2%15$1,480$22,206
Gross Tax 77%490$10,519$5,154,113
Net Tax 68%435$11,047$4,805,406
Average Tax 100%640 $7,508$4,805,406
Gross Tax Rate 77%490 25%$5,154,113
Net Tax Rate 68%435 26%$4,805,406
Average Tax Rate 100%640 18%$4,805,406
%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 $42,523. It is estimated that the average taxable income for people who paid a net amount of tax was $56556.

The average net tax paid was $11,047. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 415 people for an average of $904. 15 people paid $1,480 on average more for the Medicare surcharge.

405 people earned a salary or wage and took home an average of $36,826 each.

Government allowance and payments were collected by 45 people for on average $5,889. 45 people received the pension or other allowance.

Charitable gifts and donations of an average of $315 were made by 175 people.

The costs of tax affairs for 265 people were claimed for $286 each.