TaxStats for postcode 3451 FY2013

Postcode 3451 includes Barkers Creek, Campbells Creek, Chewton, Chewton Bushlands, Faraday, Fryerstown, Glenluce, Golden Point, Gower, Guildford, Irishtown, Mckenzie Hill, Muckleford, Tarilta, Vaughan, Woodbrook, Yapeen in Victoria, and is in the federal electorate of Bendigo.

In FY 2013 the ATO recorded 2,175 individuals in postcode 3451. Of these people, 2,155 made a taxable income or loss. 1,645 of the population paid a gross amount of tax. After tax offsets, 1,460 people actually paid a net amount of tax. There were 695 non-taxable people who paid net tax of $0.

Compare TaxStats of 3451 with VIC

3451 TaxStats FY2013%Ppl#Ppl3451
Total Individuals100%2,175
Salary or Wage 74%1,610$42,786$68,885,882
Gross Interest57%1,240$2,144$2,658,464
Unfranked Dividends10%225$377$84,718
Franked Dividends21%465$3,557$1,654,003
Dividend Franking Credit21%465$1,524$708,789
Capital Gains4%80$34,869$2,789,538
Termination Payouts2%35$8,234$288,192
Tips/Directors Fees etc22%475$1,724$819,098
Business Income16%345$12,117$4,180,414
Foreign Income5%105$2,347$246,476
Government payments9%190$5,475$1,040,218
Government pensions7%155$8,929$1,383,994
Total Income or Loss100%2,165$44,332$95,979,263
Charitable Gifts49%1,075$1,695$1,822,488
Cost of Tax Affairs55%1,190$272$324,154
Work Car expenses27%580$1,765$1,023,714
Work Travel expenses7%160$1,252$200,242
Self Education expenses4%95$1,637$155,495
Total Deductions82%1,775$3,161$5,611,400
Taxable Income99%2,155$41,845$90,175,255
Medicare Levy 64%1,395$837$1,168,171
Medicare Surcharge 1%20$1,501$30,024
Gross Tax 76%1,645$9,342$15,366,872
Net Tax 67%1,460$10,680$15,592,651
Average Tax 100%2,175 $7,169$15,592,651
Gross Tax Rate 76%1,645 22%$15,366,872
Net Tax Rate 67%1,460 26%$15,592,651
Average Tax Rate 100%2,175 17%$15,592,651
%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 $41,845. It is estimated that the average taxable income for people who paid a net amount of tax was $56052.

The average net tax paid was $10,680. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,395 people for an average of $837. 20 people paid $1,501 on average more for the Medicare surcharge.

1,610 people earned a salary or wage and took home an average of $42,786 each.

Government allowance and payments were collected by 190 people for on average $5,475. 155 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,695 were made by 1,075 people.

The costs of tax affairs for 1,190 people were claimed for $272 each.