TaxStats for postcode 3727 FY2013

Postcode 3727 includes Almonds, Almonds, Lake Rowan, Lake Rowan, Pelluebla, Pelluebla, St James, St James, Yundool in Victoria, and is in the federal electorate of Indi.

In FY 2013 the ATO recorded 190 individuals in postcode 3727. Of these people, 185 made a taxable income or loss. 135 of the population paid a gross amount of tax. After tax offsets, 115 people actually paid a net amount of tax. There were 70 non-taxable people who paid net tax of $0.

Compare TaxStats of 3727 with VIC

3727 TaxStats FY2013%Ppl#Ppl3727
Avg
3727
Total
Total Individuals100%190
Income
Salary or Wage 63%120$35,102$4,212,232
Gross Interest61%115$1,533$176,282
Unfranked Dividends13%25$502$12,551
Franked Dividends24%45$1,868$84,041
Dividend Franking Credit24%45$800$36,006
Capital Gains5%10$12,158$121,585
Termination Payouts3%5$261$1,307
Tips/Directors Fees etc16%30$859$25,773
Business Income13%25$22,420$560,503
Foreign Income5%10$63$627
Government payments5%10$8,046$80,457
Government pensions8%15$10,438$156,574
Total Income or Loss100%190$35,590$6,762,020
Deducations
Charitable Gifts21%40$243$9,733
Cost of Tax Affairs34%65$333$21,619
Work Car expenses18%35$2,375$83,124
Work Travel expenses3%5$5,926$29,629
Self Education expenses3%5$2,567$12,833
Total Deductions66%125$2,924$365,497
Taxation
Taxable Income97%185$32,962$6,097,887
Medicare Levy 58%110$697$76,685
Medicare Surcharge 3%5$189$945
Gross Tax 71%135$6,522$880,410
Net Tax 61%115$7,099$816,400
Average Tax 100%190 $4,297$816,400
Gross Tax Rate 71%135 20%$880,410
Net Tax Rate 61%115 22%$816,400
Average Tax Rate 100%190 13%$816,400
%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 $32,962. It is estimated that the average taxable income for people who paid a net amount of tax was $45721.

The average net tax paid was $7,099. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 110 people for an average of $697. 5 people paid $189 on average more for the Medicare surcharge.

120 people earned a salary or wage and took home an average of $35,102 each.

Government allowance and payments were collected by 10 people for on average $8,046. 15 people received the pension or other allowance.

Charitable gifts and donations of an average of $243 were made by 40 people.

The costs of tax affairs for 65 people were claimed for $333 each.