TaxStats for postcode 3566 FY2013

Postcode 3566 includes Gunbower in Victoria, and is in the federal electorate of Murray.

In FY 2013 the ATO recorded 300 individuals in postcode 3566. Of these people, 290 made a taxable income or loss. 205 of the population paid a gross amount of tax. After tax offsets, 180 people actually paid a net amount of tax. There were 110 non-taxable people who paid net tax of $0.

Compare TaxStats of 3566 with VIC

3566 TaxStats FY2013%Ppl#Ppl3566
Avg
3566
Total
Total Individuals100%300
Income
Salary or Wage 58%175$38,890$6,805,800
Gross Interest53%160$2,878$460,449
Unfranked Dividends18%55$3,366$185,157
Franked Dividends23%70$1,848$129,364
Dividend Franking Credit23%70$792$55,424
Capital Gains5%15$2,555$38,332
Termination Payouts2%5$9,228$46,140
Tips/Directors Fees etc17%50$2,558$127,925
Business Income12%35$10,922$382,287
Foreign Income3%10$137$1,371
Government payments7%20$6,708$134,164
Government pensions7%20$10,717$214,337
Total Income or Loss100%300$34,908$10,472,548
Deducations
Charitable Gifts22%65$321$20,873
Cost of Tax Affairs40%120$233$27,941
Work Car expenses18%55$2,459$135,261
Work Travel expenses7%20$4,487$89,741
Self Education expenses3%10$970$9,697
Total Deductions67%200$3,292$658,463
Taxation
Taxable Income97%290$33,061$9,587,744
Medicare Levy 53%160$761$121,793
Medicare Surcharge %0$$0
Gross Tax 68%205$7,071$1,449,503
Net Tax 60%180$7,847$1,412,419
Average Tax 100%300 $4,708$1,412,419
Gross Tax Rate 68%205 21%$1,449,503
Net Tax Rate 60%180 24%$1,412,419
Average Tax Rate 100%300 14%$1,412,419
%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 $33,061. It is estimated that the average taxable income for people who paid a net amount of tax was $45932.

The average net tax paid was $7,847. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 160 people for an average of $761.

175 people earned a salary or wage and took home an average of $38,890 each.

Government allowance and payments were collected by 20 people for on average $6,708. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $321 were made by 65 people.

The costs of tax affairs for 120 people were claimed for $233 each.