TaxStats for postcode 3825 FY2013

Postcode 3825 includes Aberfeldy, Amor, Boola, Caringal, Coalville, Coopers Creek, Erica, Fumina, Fumina South, Hernes Oak, Hill End, Jacob Creek, Jericho, Moe, Moe South, Moondarra, Newborough, Newborough East, Rawson, Tanjil, Tanjil South, Thalloo, Thaloo, Thomson, Toombon, Walhalla, Walhalla, Walhalla East, Westbury, Willow Grove, Yallourn, Yallourn North in Victoria, and is in the federal electorate of McMillan.

In FY 2013 the ATO recorded 9,800 individuals in postcode 3825. Of these people, 9,755 made a taxable income or loss. 7,620 of the population paid a gross amount of tax. After tax offsets, 6,815 people actually paid a net amount of tax. There were 2,940 non-taxable people who paid net tax of $0.

Compare TaxStats of 3825 with VIC

3825 TaxStats FY2013%Ppl#Ppl3825
Total Individuals100%9,800
Salary or Wage 82%8,010$50,725$406,304,223
Gross Interest51%5,020$1,480$7,427,115
Unfranked Dividends10%965$402$387,792
Franked Dividends20%1,980$4,385$8,682,839
Dividend Franking Credit20%1,975$1,886$3,724,952
Capital Gains4%400$8,171$3,268,483
Termination Payouts5%470$13,167$6,188,327
Tips/Directors Fees etc25%2,445$2,232$5,457,434
Business Income7%705$9,167$6,462,849
Foreign Income5%480$257$123,448
Government payments11%1,120$5,688$6,371,029
Government pensions7%700$10,184$7,128,919
Total Income or Loss100%9,770$49,623$484,818,694
Charitable Gifts48%4,745$223$1,058,532
Cost of Tax Affairs54%5,245$213$1,114,653
Work Car expenses32%3,145$2,310$7,264,232
Work Travel expenses8%805$1,969$1,585,382
Self Education expenses4%405$1,675$678,287
Total Deductions82%8,080$2,628$21,231,912
Taxable Income100%9,755$47,480$463,164,722
Medicare Levy 66%6,505$948$6,166,353
Medicare Surcharge 2%225$1,398$314,501
Gross Tax 78%7,620$11,583$88,258,848
Net Tax 70%6,815$13,180$89,820,653
Average Tax 100%9,800 $9,165$89,820,653
Gross Tax Rate 78%7,620 24%$88,258,848
Net Tax Rate 70%6,815 28%$89,820,653
Average Tax Rate 100%9,800 19%$89,820,653
%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 $47,480. It is estimated that the average taxable income for people who paid a net amount of tax was $62786.

The average net tax paid was $13,180. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 6,505 people for an average of $948. 225 people paid $1,398 on average more for the Medicare surcharge.

8,010 people earned a salary or wage and took home an average of $50,725 each.

Government allowance and payments were collected by 1,120 people for on average $5,688. 700 people received the pension or other allowance.

Charitable gifts and donations of an average of $223 were made by 4,745 people.

The costs of tax affairs for 5,245 people were claimed for $213 each.