TaxStats for postcode 3517 FY2013

Postcode 3517 includes Bears Lagoon, Bears Lagoon, Brenanah, Bullabul, Bullabul, Glenalbyn, Inglewood, Jarklin, Jarklin, Kingower, Kurting, Powlett Plains, Rheola, Salisbury West, Serpentine in Victoria, and is in the federal electorate of Murray.

In FY 2013 the ATO recorded 645 individuals in postcode 3517. Of these people, 645 made a taxable income or loss. 460 of the population paid a gross amount of tax. After tax offsets, 405 people actually paid a net amount of tax. There were 240 non-taxable people who paid net tax of $0.

Compare TaxStats of 3517 with VIC

3517 TaxStats FY2013%Ppl#Ppl3517
Total Individuals100%645
Salary or Wage 68%440$39,036$17,175,778
Gross Interest55%355$2,490$884,111
Unfranked Dividends15%95$286$27,197
Franked Dividends33%210$2,142$449,787
Dividend Franking Credit33%210$917$192,609
Capital Gains6%40$5,082$203,285
Termination Payouts2%10$2,940$29,404
Tips/Directors Fees etc21%135$1,998$269,719
Business Income11%70$8,760$613,221
Foreign Income6%40$152$6,073
Government payments9%60$5,602$336,094
Government pensions10%65$9,461$614,948
Total Income or Loss100%645$36,932$23,821,204
Charitable Gifts29%190$147$27,923
Cost of Tax Affairs46%295$266$78,363
Work Car expenses22%140$1,927$269,771
Work Travel expenses5%35$2,426$84,925
Self Education expenses2%15$1,334$20,014
Total Deductions75%485$2,041$989,991
Taxable Income100%645$35,243$22,731,564
Medicare Levy 57%370$760$281,143
Medicare Surcharge 1%5$1,527$7,635
Gross Tax 71%460$7,499$3,449,477
Net Tax 63%405$8,241$3,337,638
Average Tax 100%645 $5,175$3,337,638
Gross Tax Rate 71%460 21%$3,449,477
Net Tax Rate 63%405 23%$3,337,638
Average Tax Rate 100%645 15%$3,337,638
%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 $35,243. It is estimated that the average taxable income for people who paid a net amount of tax was $49016.

The average net tax paid was $8,241. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 370 people for an average of $760. 5 people paid $1,527 on average more for the Medicare surcharge.

440 people earned a salary or wage and took home an average of $39,036 each.

Government allowance and payments were collected by 60 people for on average $5,602. 65 people received the pension or other allowance.

Charitable gifts and donations of an average of $147 were made by 190 people.

The costs of tax affairs for 295 people were claimed for $266 each.