TaxStats for postcode 3824 FY2013

Postcode 3824 includes Childers, Narracan, Thorpdale South, Trafalgar, Trafalgar East, Trafalgar South in Victoria, and is in the federal electorate of McMillan.

In FY 2013 the ATO recorded 2,620 individuals in postcode 3824. Of these people, 2,610 made a taxable income or loss. 2,025 of the population paid a gross amount of tax. After tax offsets, 1,850 people actually paid a net amount of tax. There were 760 non-taxable people who paid net tax of $0.

Compare TaxStats of 3824 with VIC

3824 TaxStats FY2013%Ppl#Ppl3824
Total Individuals100%2,620
Salary or Wage 77%2,015$51,549$103,870,733
Gross Interest55%1,440$2,116$3,046,905
Unfranked Dividends13%350$534$186,732
Franked Dividends25%650$5,390$3,503,476
Dividend Franking Credit25%645$2,327$1,500,900
Capital Gains4%115$7,896$908,097
Termination Payouts4%95$22,629$2,149,723
Tips/Directors Fees etc23%600$2,751$1,650,832
Business Income9%235$13,414$3,152,202
Foreign Income5%130$449$58,394
Government payments7%185$5,543$1,025,364
Government pensions7%180$9,667$1,740,135
Total Income or Loss100%2,615$50,880$133,049,907
Charitable Gifts40%1,045$237$248,172
Cost of Tax Affairs49%1,295$262$339,886
Work Car expenses29%755$2,497$1,885,521
Work Travel expenses9%225$2,156$485,081
Self Education expenses4%105$1,816$190,705
Total Deductions80%2,085$2,947$6,144,903
Taxable Income100%2,610$48,586$126,808,196
Medicare Levy 67%1,765$973$1,716,687
Medicare Surcharge 3%70$1,146$80,198
Gross Tax 77%2,025$12,427$25,164,465
Net Tax 71%1,850$13,807$25,543,845
Average Tax 100%2,620 $9,750$25,543,845
Gross Tax Rate 77%2,025 26%$25,164,465
Net Tax Rate 71%1,850 28%$25,543,845
Average Tax Rate 100%2,620 20%$25,543,845
%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 $48,586. It is estimated that the average taxable income for people who paid a net amount of tax was $63615.

The average net tax paid was $13,807. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 1,765 people for an average of $973. 70 people paid $1,146 on average more for the Medicare surcharge.

2,015 people earned a salary or wage and took home an average of $51,549 each.

Government allowance and payments were collected by 185 people for on average $5,543. 180 people received the pension or other allowance.

Charitable gifts and donations of an average of $237 were made by 1,045 people.

The costs of tax affairs for 1,295 people were claimed for $262 each.