TaxStats for postcode 3480 FY2013

Postcode 3480 includes Areegra, Banyenong, Carron, Cope Cope, Corack, Corack East, Donald, Gil Gil, Jeffcott, Jeffcott North, Laen, Laen East, Laen North, Lake Buloke, Lawler, Litchfield, Rich Avon, Rich Avon East, Rich Avon West, Swanwater West in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 1,070 individuals in postcode 3480. Of these people, 1,065 made a taxable income or loss. 820 of the population paid a gross amount of tax. After tax offsets, 700 people actually paid a net amount of tax. There were 365 non-taxable people who paid net tax of $0.

Compare TaxStats of 3480 with VIC

3480 TaxStats FY2013%Ppl#Ppl3480
Avg
3480
Total
Total Individuals100%1,070
Income
Salary or Wage 70%745$36,093$26,888,915
Gross Interest67%720$2,096$1,508,836
Unfranked Dividends24%260$289$75,202
Franked Dividends38%410$3,892$1,595,703
Dividend Franking Credit38%410$1,668$683,820
Capital Gains10%110$7,520$827,241
Termination Payouts0%5$2,294$11,470
Tips/Directors Fees etc20%215$2,148$461,733
Business Income7%75$17,681$1,326,092
Foreign Income12%125$100$12,487
Government payments9%100$6,097$609,652
Government pensions11%120$10,128$1,215,414
Total Income or Loss100%1,070$42,481$45,454,352
Deducations
Charitable Gifts28%300$332$99,490
Cost of Tax Affairs36%385$282$108,671
Work Car expenses18%190$1,929$366,513
Work Travel expenses10%105$2,394$251,346
Self Education expenses2%25$1,693$42,320
Total Deductions74%795$3,181$2,529,073
Taxation
Taxable Income100%1,065$40,021$42,621,958
Medicare Levy 61%655$815$533,667
Medicare Surcharge 1%10$1,036$10,362
Gross Tax 77%820$8,395$6,884,262
Net Tax 65%700$9,415$6,590,506
Average Tax 100%1,070 $6,159$6,590,506
Gross Tax Rate 77%820 21%$6,884,262
Net Tax Rate 65%700 24%$6,590,506
Average Tax Rate 100%1,070 15%$6,590,506
%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 $40,021. It is estimated that the average taxable income for people who paid a net amount of tax was $54631.

The average net tax paid was $9,415. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 655 people for an average of $815. 10 people paid $1,036 on average more for the Medicare surcharge.

745 people earned a salary or wage and took home an average of $36,093 each.

Government allowance and payments were collected by 100 people for on average $6,097. 120 people received the pension or other allowance.

Charitable gifts and donations of an average of $332 were made by 300 people.

The costs of tax affairs for 385 people were claimed for $282 each.