TaxStats for postcode 3823 FY2013

Postcode 3823 includes Allambee, Yarragon, Yarragon South in Victoria, and is in the federal electorate of McMillan.

In FY 2013 the ATO recorded 1,020 individuals in postcode 3823. Of these people, 1,010 made a taxable income or loss. 770 of the population paid a gross amount of tax. After tax offsets, 685 people actually paid a net amount of tax. There were 325 non-taxable people who paid net tax of $0.

Compare TaxStats of 3823 with VIC

3823 TaxStats FY2013%Ppl#Ppl3823
Total Individuals100%1,020
Salary or Wage 73%745$48,512$36,141,667
Gross Interest55%565$2,607$1,472,743
Unfranked Dividends12%120$550$65,947
Franked Dividends23%235$3,669$862,228
Dividend Franking Credit23%235$1,570$368,983
Capital Gains5%50$6,083$304,128
Termination Payouts2%25$12,973$324,333
Tips/Directors Fees etc20%205$2,572$527,295
Business Income13%135$13,493$1,821,534
Foreign Income4%45$593$26,695
Government payments6%65$5,164$335,682
Government pensions6%60$10,374$622,435
Total Income or Loss100%1,015$46,230$46,923,116
Charitable Gifts33%340$276$93,739
Cost of Tax Affairs49%495$294$145,513
Work Car expenses28%290$2,568$744,601
Work Travel expenses6%65$1,932$125,552
Self Education expenses4%40$1,602$64,096
Total Deductions78%800$2,903$2,322,029
Taxable Income99%1,010$43,900$44,339,106
Medicare Levy 64%655$900$589,487
Medicare Surcharge 1%10$1,513$15,126
Gross Tax 75%770$10,706$8,243,891
Net Tax 67%685$12,298$8,423,809
Average Tax 100%1,020 $8,259$8,423,809
Gross Tax Rate 75%770 24%$8,243,891
Net Tax Rate 67%685 28%$8,423,809
Average Tax Rate 100%1,020 19%$8,423,809
%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 $43,900. It is estimated that the average taxable income for people who paid a net amount of tax was $59035.

The average net tax paid was $12,298. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 655 people for an average of $900. 10 people paid $1,513 on average more for the Medicare surcharge.

745 people earned a salary or wage and took home an average of $48,512 each.

Government allowance and payments were collected by 65 people for on average $5,164. 60 people received the pension or other allowance.

Charitable gifts and donations of an average of $276 were made by 340 people.

The costs of tax affairs for 495 people were claimed for $294 each.