TaxStats for postcode 3533 FY2013

Postcode 3533 includes Bimbourie, Lake Tyrrell, Nandaly, Ninda, Nyarrin, Pier Milan, Sea Lake, Straten, Tyenna, Tyrrell, Tyrrell Downs in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 430 individuals in postcode 3533. Of these people, 425 made a taxable income or loss. 330 of the population paid a gross amount of tax. After tax offsets, 295 people actually paid a net amount of tax. There were 130 non-taxable people who paid net tax of $0.

Compare TaxStats of 3533 with VIC

3533 TaxStats FY2013%Ppl#Ppl3533
Avg
3533
Total
Total Individuals100%430
Income
Salary or Wage 67%290$36,693$10,640,874
Gross Interest57%245$2,662$652,277
Unfranked Dividends20%85$233$19,821
Franked Dividends33%140$3,889$544,471
Dividend Franking Credit33%140$1,667$233,333
Capital Gains14%60$13,853$831,209
Termination Payouts2%10$6,187$61,868
Tips/Directors Fees etc27%115$4,673$537,353
Business Income9%40$14,874$594,969
Foreign Income10%45$803$36,134
Government payments12%50$5,867$293,359
Government pensions7%30$9,684$290,525
Total Income or Loss100%430$46,984$20,203,077
Deducations
Charitable Gifts20%85$323$27,470
Cost of Tax Affairs43%185$304$56,187
Work Car expenses21%90$2,146$193,121
Work Travel expenses7%30$3,953$118,582
Self Education expenses1%5$1,597$7,987
Total Deductions73%315$3,021$951,670
Taxation
Taxable Income99%425$44,714$19,003,548
Medicare Levy 64%275$914$251,330
Medicare Surcharge 2%10$953$9,533
Gross Tax 77%330$10,696$3,529,660
Net Tax 69%295$11,358$3,350,617
Average Tax 100%430 $7,792$3,350,617
Gross Tax Rate 77%330 24%$3,529,660
Net Tax Rate 69%295 25%$3,350,617
Average Tax Rate 100%430 17%$3,350,617
%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 $44,714. It is estimated that the average taxable income for people who paid a net amount of tax was $59131.

The average net tax paid was $11,358. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 275 people for an average of $914. 10 people paid $953 on average more for the Medicare surcharge.

290 people earned a salary or wage and took home an average of $36,693 each.

Government allowance and payments were collected by 50 people for on average $5,867. 30 people received the pension or other allowance.

Charitable gifts and donations of an average of $323 were made by 85 people.

The costs of tax affairs for 185 people were claimed for $304 each.