TaxStats for postcode 3617 FY2013

Postcode 3617 includes Byrneside in Victoria, and is in the federal electorate of Murray.

In FY 2013 the ATO recorded 95 individuals in postcode 3617. Of these people, 90 made a taxable income or loss. 65 of the population paid a gross amount of tax. After tax offsets, 55 people actually paid a net amount of tax. There were 35 non-taxable people who paid net tax of $0.

Compare TaxStats of 3617 with VIC

3617 TaxStats FY2013%Ppl#Ppl3617
Avg
3617
Total
Total Individuals100%95
Income
Salary or Wage 63%60$40,975$2,458,473
Gross Interest63%60$1,611$96,662
Unfranked Dividends21%20$128$2,560
Franked Dividends37%35$3,096$108,372
Dividend Franking Credit37%35$1,327$46,432
Capital Gains5%5$49,882$249,410
Termination Payouts5%5$154$770
Tips/Directors Fees etc16%15$4,401$66,022
Business Income11%10$-1,942$-19,417
Foreign Income11%10$8$77
Government payments11%10$4,130$41,302
Government pensions5%5$5,465$27,327
Total Income or Loss100%95$33,085$3,143,033
Deducations
Charitable Gifts37%35$187$6,536
Cost of Tax Affairs37%35$239$8,380
Work Car expenses21%20$2,336$46,725
Work Travel expenses5%5$1,055$5,273
Self Education expenses5%5$1,269$6,344
Total Deductions74%70$2,332$163,264
Taxation
Taxable Income95%90$31,893$2,870,410
Medicare Levy 58%55$732$40,252
Medicare Surcharge %0$$0
Gross Tax 68%65$6,727$437,223
Net Tax 58%55$8,129$447,107
Average Tax 100%95 $4,706$447,107
Gross Tax Rate 68%65 21%$437,223
Net Tax Rate 58%55 25%$447,107
Average Tax Rate 100%95 15%$447,107
%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 $31,893. It is estimated that the average taxable income for people who paid a net amount of tax was $44553.

The average net tax paid was $8,129. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 55 people for an average of $732.

60 people earned a salary or wage and took home an average of $40,975 each.

Government allowance and payments were collected by 10 people for on average $4,130. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $187 were made by 35 people.

The costs of tax affairs for 35 people were claimed for $239 each.