TaxStats for postcode 3644 FY2013

Postcode 3644 includes Barooga, Barooga, Cobram, Cobram East, Koonoomoo, Lalalty, Muckatah, Yarroweyah in Victoria, and is in the federal electorate of Farrer.

In FY 2013 the ATO recorded 4,725 individuals in postcode 3644. Of these people, 4,680 made a taxable income or loss. 3,580 of the population paid a gross amount of tax. After tax offsets, 3,195 people actually paid a net amount of tax. There were 1,485 non-taxable people who paid net tax of $0.

Compare TaxStats of 3644 with VIC

3644 TaxStats FY2013%Ppl#Ppl3644
Avg
3644
Total
Total Individuals100%4,725
Income
Salary or Wage 75%3,560$41,297$147,018,713
Gross Interest54%2,550$1,876$4,784,724
Unfranked Dividends12%585$414$241,964
Franked Dividends27%1,270$4,845$6,153,436
Dividend Franking Credit27%1,270$2,076$2,637,140
Capital Gains3%165$6,547$1,080,252
Termination Payouts2%95$6,455$613,212
Tips/Directors Fees etc22%1,030$2,290$2,358,402
Business Income7%335$10,341$3,464,169
Foreign Income4%210$1,109$232,895
Government payments8%385$5,495$2,115,619
Government pensions7%335$9,610$3,219,418
Total Income or Loss99%4,700$42,757$200,956,370
Deducations
Charitable Gifts33%1,540$195$300,713
Cost of Tax Affairs44%2,065$340$702,640
Work Car expenses24%1,125$2,225$2,502,695
Work Travel expenses6%295$3,117$919,502
Self Education expenses4%180$1,633$293,959
Total Deductions78%3,675$2,645$9,719,542
Taxation
Taxable Income99%4,680$40,635$190,173,206
Medicare Levy 64%3,030$822$2,491,825
Medicare Surcharge 2%80$1,152$92,189
Gross Tax 76%3,580$9,053$32,408,701
Net Tax 68%3,195$10,186$32,543,364
Average Tax 100%4,725 $6,887$32,543,364
Gross Tax Rate 76%3,580 22%$32,408,701
Net Tax Rate 68%3,195 25%$32,543,364
Average Tax Rate 100%4,725 17%$32,543,364
%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 $40,635. It is estimated that the average taxable income for people who paid a net amount of tax was $53945.

The average net tax paid was $10,186. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 3,030 people for an average of $822. 80 people paid $1,152 on average more for the Medicare surcharge.

3,560 people earned a salary or wage and took home an average of $41,297 each.

Government allowance and payments were collected by 385 people for on average $5,495. 335 people received the pension or other allowance.

Charitable gifts and donations of an average of $195 were made by 1,540 people.

The costs of tax affairs for 2,065 people were claimed for $340 each.