TaxStats for postcode 3412 FY2013

Postcode 3412 includes Goroke in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 180 individuals in postcode 3412. Of these people, 175 made a taxable income or loss. 130 of the population paid a gross amount of tax. After tax offsets, 120 people actually paid a net amount of tax. There were 55 non-taxable people who paid net tax of $0.

Compare TaxStats of 3412 with VIC

3412 TaxStats FY2013%Ppl#Ppl3412
Avg
3412
Total
Total Individuals100%180
Income
Salary or Wage 58%105$38,170$4,007,874
Gross Interest69%125$1,889$236,181
Unfranked Dividends22%40$200$8,019
Franked Dividends31%55$1,732$95,264
Dividend Franking Credit31%55$742$40,810
Capital Gains6%10$3,412$34,119
Termination Payouts3%5$224$1,120
Tips/Directors Fees etc22%40$764$30,557
Business Income14%25$20,128$503,209
Foreign Income11%20$137$2,741
Government payments8%15$4,576$68,638
Government pensions11%20$8,773$175,455
Total Income or Loss97%175$46,096$8,066,844
Deducations
Charitable Gifts28%50$201$10,074
Cost of Tax Affairs33%60$381$22,850
Work Car expenses22%40$2,266$90,641
Work Travel expenses6%10$2,975$29,748
Self Education expenses6%10$1,062$10,621
Total Deductions69%125$3,475$434,332
Taxation
Taxable Income97%175$40,377$7,066,002
Medicare Levy 64%115$814$93,591
Medicare Surcharge 3%5$295$1,474
Gross Tax 72%130$9,256$1,203,272
Net Tax 67%120$9,283$1,113,999
Average Tax 100%180 $6,189$1,113,999
Gross Tax Rate 72%130 23%$1,203,272
Net Tax Rate 67%120 23%$1,113,999
Average Tax Rate 100%180 15%$1,113,999
%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 $40,377. It is estimated that the average taxable income for people who paid a net amount of tax was $53383.

The average net tax paid was $9,283. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 115 people for an average of $814. 5 people paid $295 on average more for the Medicare surcharge.

105 people earned a salary or wage and took home an average of $38,170 each.

Government allowance and payments were collected by 15 people for on average $4,576. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $201 were made by 50 people.

The costs of tax affairs for 60 people were claimed for $381 each.