TaxStats for postcode 3430 FY2013

Postcode 3430 includes Clarkefield in Victoria, and is in the federal electorate of McEwen.

In FY 2013 the ATO recorded 165 individuals in postcode 3430. Of these people, 165 made a taxable income or loss. 115 of the population paid a gross amount of tax. After tax offsets, 100 people actually paid a net amount of tax. There were 65 non-taxable people who paid net tax of $0.

Compare TaxStats of 3430 with VIC

3430 TaxStats FY2013%Ppl#Ppl3430
Avg
3430
Total
Total Individuals100%165
Income
Salary or Wage 76%125$44,283$5,535,408
Gross Interest58%95$1,559$148,132
Unfranked Dividends12%20$243$4,862
Franked Dividends24%40$25,394$1,015,751
Dividend Franking Credit24%40$10,883$435,310
Capital Gains6%10$5,066$50,655
Termination Payouts3%5$7,923$39,617
Tips/Directors Fees etc15%25$2,456$61,398
Business Income12%20$-13,022$-260,439
Foreign Income6%10$4,304$43,045
Government payments6%10$3,707$37,074
Government pensions6%10$8,933$89,327
Total Income or Loss100%165$50,818$8,384,907
Deducations
Charitable Gifts36%60$344$20,644
Cost of Tax Affairs58%95$348$33,019
Work Car expenses33%55$2,425$133,348
Work Travel expenses6%10$2,930$29,299
Self Education expenses3%5$578$2,892
Total Deductions82%135$3,485$470,518
Taxation
Taxable Income100%165$47,845$7,894,451
Medicare Levy 58%95$1,108$105,225
Medicare Surcharge 3%5$11$55
Gross Tax 70%115$14,836$1,706,181
Net Tax 61%100$17,125$1,712,459
Average Tax 100%165 $10,379$1,712,459
Gross Tax Rate 70%115 31%$1,706,181
Net Tax Rate 61%100 36%$1,712,459
Average Tax Rate 100%165 22%$1,712,459
%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 $47,845. It is estimated that the average taxable income for people who paid a net amount of tax was $71145.

The average net tax paid was $17,125. This equates to an average tax of 36 cents in the dollar on taxable income.

The Medicare levy was paid by 95 people for an average of $1,108. 5 people paid $11 on average more for the Medicare surcharge.

125 people earned a salary or wage and took home an average of $44,283 each.

Government allowance and payments were collected by 10 people for on average $3,707. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $344 were made by 60 people.

The costs of tax affairs for 95 people were claimed for $348 each.