TaxStats for postcode 3746 FY2013

Postcode 3746 includes Eldorado in Victoria, and is in the federal electorate of Indi.

In FY 2013 the ATO recorded 200 individuals in postcode 3746. Of these people, 200 made a taxable income or loss. 150 of the population paid a gross amount of tax. After tax offsets, 135 people actually paid a net amount of tax. There were 65 non-taxable people who paid net tax of $0.

Compare TaxStats of 3746 with VIC

3746 TaxStats FY2013%Ppl#Ppl3746
Avg
3746
Total
Total Individuals100%200
Income
Salary or Wage 75%150$43,912$6,586,864
Gross Interest52%105$1,587$166,615
Unfranked Dividends12%25$413$10,333
Franked Dividends20%40$2,696$107,839
Dividend Franking Credit20%40$1,155$46,216
Capital Gains5%10$2,572$25,724
Termination Payouts2%5$4,357$21,786
Tips/Directors Fees etc22%45$2,398$107,906
Business Income15%30$22,092$662,771
Foreign Income2%5$350$1,748
Government payments8%15$7,832$117,473
Government pensions8%15$8,359$125,389
Total Income or Loss100%200$42,637$8,527,383
Deducations
Charitable Gifts32%65$240$15,593
Cost of Tax Affairs57%115$257$29,534
Work Car expenses20%40$1,565$62,589
Work Travel expenses8%15$1,959$29,386
Self Education expenses2%5$973$4,863
Total Deductions85%170$1,496$254,245
Taxation
Taxable Income100%200$41,356$8,271,255
Medicare Levy 62%125$853$106,638
Medicare Surcharge 2%5$1,698$8,492
Gross Tax 75%150$9,473$1,420,998
Net Tax 68%135$10,714$1,446,443
Average Tax 100%200 $7,232$1,446,443
Gross Tax Rate 75%150 23%$1,420,998
Net Tax Rate 68%135 26%$1,446,443
Average Tax Rate 100%200 17%$1,446,443
%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 $41,356. It is estimated that the average taxable income for people who paid a net amount of tax was $55491.

The average net tax paid was $10,714. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 125 people for an average of $853. 5 people paid $1,698 on average more for the Medicare surcharge.

150 people earned a salary or wage and took home an average of $43,912 each.

Government allowance and payments were collected by 15 people for on average $7,832. 15 people received the pension or other allowance.

Charitable gifts and donations of an average of $240 were made by 65 people.

The costs of tax affairs for 115 people were claimed for $257 each.