TaxStats for postcode 3722 FY2013

Postcode 3722 includes Barwite, Barwite, Mansfield, Mirimbah, Mirimbah in Victoria, and is in the federal electorate of Indi.

In FY 2013 the ATO recorded 2,825 individuals in postcode 3722. Of these people, 2,800 made a taxable income or loss. 2,120 of the population paid a gross amount of tax. After tax offsets, 1,825 people actually paid a net amount of tax. There were 975 non-taxable people who paid net tax of $0.

Compare TaxStats of 3722 with VIC

3722 TaxStats FY2013%Ppl#Ppl3722
Avg
3722
Total
Total Individuals100%2,825
Income
Salary or Wage 70%1,970$39,874$78,551,302
Gross Interest62%1,750$2,266$3,965,074
Unfranked Dividends14%400$877$350,970
Franked Dividends27%765$5,990$4,582,277
Dividend Franking Credit27%760$2,584$1,963,567
Capital Gains5%150$13,234$1,985,047
Termination Payouts1%30$6,011$180,332
Tips/Directors Fees etc19%530$2,399$1,271,521
Business Income14%395$13,193$5,211,288
Foreign Income7%200$654$130,858
Government payments7%205$5,612$1,150,373
Government pensions9%265$9,604$2,545,008
Total Income or Loss100%2,815$42,537$119,742,564
Deducations
Charitable Gifts24%690$591$407,645
Cost of Tax Affairs46%1,295$315$407,528
Work Car expenses20%565$2,402$1,357,036
Work Travel expenses7%195$2,516$490,548
Self Education expenses4%125$1,932$241,524
Total Deductions77%2,170$2,769$6,008,082
Taxation
Taxable Income99%2,800$40,402$113,125,332
Medicare Levy 61%1,730$831$1,438,114
Medicare Surcharge 1%25$1,485$37,120
Gross Tax 75%2,120$9,193$19,488,390
Net Tax 65%1,825$10,552$19,257,202
Average Tax 100%2,825 $6,817$19,257,202
Gross Tax Rate 75%2,120 23%$19,488,390
Net Tax Rate 65%1,825 26%$19,257,202
Average Tax Rate 100%2,825 17%$19,257,202
%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 $40,402. It is estimated that the average taxable income for people who paid a net amount of tax was $55576.

The average net tax paid was $10,552. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,730 people for an average of $831. 25 people paid $1,485 on average more for the Medicare surcharge.

1,970 people earned a salary or wage and took home an average of $39,874 each.

Government allowance and payments were collected by 205 people for on average $5,612. 265 people received the pension or other allowance.

Charitable gifts and donations of an average of $591 were made by 690 people.

The costs of tax affairs for 1,295 people were claimed for $315 each.