TaxStats for postcode 3468 FY2013

Postcode 3468 includes Amphitheatre, Mount Lonarch in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 145 individuals in postcode 3468. Of these people, 140 made a taxable income or loss. 95 of the population paid a gross amount of tax. After tax offsets, 85 people actually paid a net amount of tax. There were 55 non-taxable people who paid net tax of $0.

Compare TaxStats of 3468 with VIC

3468 TaxStats FY2013%Ppl#Ppl3468
Avg
3468
Total
Total Individuals100%145
Income
Salary or Wage 66%95$43,428$4,125,679
Gross Interest55%80$1,339$107,097
Unfranked Dividends17%25$121$3,030
Franked Dividends31%45$8,241$370,864
Dividend Franking Credit31%45$3,530$158,836
Capital Gains7%10$6,236$62,356
Termination Payouts3%5$3,888$19,442
Tips/Directors Fees etc24%35$5,510$192,845
Business Income14%20$-3,153$-63,065
Foreign Income3%5$425$2,123
Government payments3%5$9,809$49,045
Government pensions7%10$11,320$113,200
Total Income or Loss100%145$36,244$5,255,416
Deducations
Charitable Gifts31%45$147$6,632
Cost of Tax Affairs52%75$224$16,826
Work Car expenses31%45$2,840$127,804
Work Travel expenses10%15$5,293$79,393
Self Education expenses3%5$777$3,884
Total Deductions83%120$3,775$452,995
Taxation
Taxable Income97%140$34,303$4,802,421
Medicare Levy 59%85$711$60,477
Medicare Surcharge 3%5$1,241$6,204
Gross Tax 66%95$7,546$716,853
Net Tax 59%85$8,625$733,158
Average Tax 100%145 $5,056$733,158
Gross Tax Rate 66%95 22%$716,853
Net Tax Rate 59%85 25%$733,158
Average Tax Rate 100%145 15%$733,158
%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 $34,303. It is estimated that the average taxable income for people who paid a net amount of tax was $48734.

The average net tax paid was $8,625. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 85 people for an average of $711. 5 people paid $1,241 on average more for the Medicare surcharge.

95 people earned a salary or wage and took home an average of $43,428 each.

Government allowance and payments were collected by 5 people for on average $9,809. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $147 were made by 45 people.

The costs of tax affairs for 75 people were claimed for $224 each.