TaxStats for postcode 3673 FY2013

Postcode 3673 includes Broken Creek, Broken Creek, Goomalibee, Goomalibee, Kilfeera, Kilfeera, Lake Mokoan, Lake Mokoan, Lima, Lima East, Lima South, Lurg, Lurg, Molyullah, Molyullah, Moorngag, Moorngag, Samaria, Samaria, Swanpool, Swanpool, Tatong, Tatong, Upper Lurg, Upper Lurg, Upper Ryans Creek, Upper Ryans Creek, Winton, Winton, Winton North, Winton North in Victoria, and is in the federal electorate of Indi.

In FY 2013 the ATO recorded 1,050 individuals in postcode 3673. Of these people, 1,030 made a taxable income or loss. 720 of the population paid a gross amount of tax. After tax offsets, 635 people actually paid a net amount of tax. There were 395 non-taxable people who paid net tax of $0.

Compare TaxStats of 3673 with VIC

3673 TaxStats FY2013%Ppl#Ppl3673
Avg
3673
Total
Total Individuals100%1,050
Income
Salary or Wage 67%705$43,594$30,733,816
Gross Interest63%660$2,414$1,593,391
Unfranked Dividends17%175$446$78,014
Franked Dividends29%305$5,072$1,547,018
Dividend Franking Credit29%305$2,174$663,186
Capital Gains5%55$11,473$630,997
Termination Payouts2%20$11,279$225,582
Tips/Directors Fees etc20%215$2,242$482,107
Business Income17%175$-254$-44,385
Foreign Income6%60$335$20,080
Government payments6%60$6,592$395,516
Government pensions7%70$9,700$678,989
Total Income or Loss100%1,045$38,940$40,692,090
Deducations
Charitable Gifts29%300$376$112,766
Cost of Tax Affairs45%470$307$144,353
Work Car expenses19%195$2,110$411,447
Work Travel expenses7%70$2,841$198,892
Self Education expenses3%30$2,127$63,824
Total Deductions74%775$2,564$1,987,290
Taxation
Taxable Income98%1,030$37,237$38,354,349
Medicare Levy 57%600$838$503,067
Medicare Surcharge 1%15$1,325$19,882
Gross Tax 69%720$9,386$6,757,581
Net Tax 60%635$10,600$6,730,905
Average Tax 100%1,050 $6,410$6,730,905
Gross Tax Rate 69%720 25%$6,757,581
Net Tax Rate 60%635 28%$6,730,905
Average Tax Rate 100%1,050 17%$6,730,905
%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 $37,237. It is estimated that the average taxable income for people who paid a net amount of tax was $52936.

The average net tax paid was $10,600. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 600 people for an average of $838. 15 people paid $1,325 on average more for the Medicare surcharge.

705 people earned a salary or wage and took home an average of $43,594 each.

Government allowance and payments were collected by 60 people for on average $6,592. 70 people received the pension or other allowance.

Charitable gifts and donations of an average of $376 were made by 300 people.

The costs of tax affairs for 470 people were claimed for $307 each.