TaxStats for postcode 3701 FY2013

Postcode 3701 includes Dartmouth, Eskdale, Fernvale, Granya, Mitta Mitta, Old Tallangatta, Shelley, Tallandoon, Tallangatta South, Tallangatta Valley in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 570 individuals in postcode 3701. Of these people, 570 made a taxable income or loss. 395 of the population paid a gross amount of tax. After tax offsets, 350 people actually paid a net amount of tax. There were 220 non-taxable people who paid net tax of $0.

Compare TaxStats of 3701 with VIC

3701 TaxStats FY2013%Ppl#Ppl3701
Total Individuals100%570
Salary or Wage 62%355$40,142$14,250,455
Gross Interest61%345$1,233$425,450
Unfranked Dividends21%120$2,023$242,724
Franked Dividends28%160$2,476$396,226
Dividend Franking Credit28%160$1,061$169,759
Capital Gains5%30$9,450$283,495
Termination Payouts2%10$6,872$68,723
Tips/Directors Fees etc18%100$2,466$246,579
Business Income13%75$7,037$527,742
Foreign Income5%30$193$5,783
Government payments8%45$5,066$227,974
Government pensions6%35$8,546$299,094
Total Income or Loss100%570$37,714$21,496,930
Charitable Gifts23%130$154$20,002
Cost of Tax Affairs40%230$297$68,298
Work Car expenses17%95$1,980$188,059
Work Travel expenses4%25$2,842$71,054
Self Education expenses2%10$2,010$20,098
Total Deductions71%405$2,340$947,889
Taxable Income100%570$35,878$20,450,614
Medicare Levy 56%320$812$259,733
Medicare Surcharge 1%5$527$2,634
Gross Tax 69%395$8,628$3,407,964
Net Tax 61%350$9,471$3,314,756
Average Tax 100%570 $5,815$3,314,756
Gross Tax Rate 69%395 24%$3,407,964
Net Tax Rate 61%350 26%$3,314,756
Average Tax Rate 100%570 16%$3,314,756
%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 $35,878. It is estimated that the average taxable income for people who paid a net amount of tax was $50887.

The average net tax paid was $9,471. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 320 people for an average of $812. 5 people paid $527 on average more for the Medicare surcharge.

355 people earned a salary or wage and took home an average of $40,142 each.

Government allowance and payments were collected by 45 people for on average $5,066. 35 people received the pension or other allowance.

Charitable gifts and donations of an average of $154 were made by 130 people.

The costs of tax affairs for 230 people were claimed for $297 each.