TaxStats for postcode 3833 FY2013

Postcode 3833 includes Ada, Baw Baw, Baw Baw Village, Gentle Annie, Icy Creek, Loch Valley, Mt Baw Baw, Noojee, Piedmont, Tanjil Bren, Toorongo, Vesper in Victoria, and is in the federal electorate of McMillan.

In FY 2013 the ATO recorded 150 individuals in postcode 3833. Of these people, 150 made a taxable income or loss. 110 of the population paid a gross amount of tax. After tax offsets, 90 people actually paid a net amount of tax. There were 60 non-taxable people who paid net tax of $0.

Compare TaxStats of 3833 with VIC

3833 TaxStats FY2013%Ppl#Ppl3833
Total Individuals100%150
Salary or Wage 63%95$38,948$3,700,028
Gross Interest53%80$2,756$220,505
Unfranked Dividends7%10$917$9,166
Franked Dividends20%30$2,664$79,923
Dividend Franking Credit20%30$1,141$34,244
Capital Gains3%5$3,339$16,695
Termination Payouts3%5$15,872$79,361
Tips/Directors Fees etc17%25$4,358$108,947
Business Income17%25$4,023$100,565
Foreign Income3%5$906$4,530
Government payments7%10$4,675$46,749
Government pensions13%20$9,320$186,410
Total Income or Loss100%150$33,274$4,991,154
Charitable Gifts27%40$203$8,104
Cost of Tax Affairs37%55$216$11,893
Work Car expenses20%30$3,085$92,551
Work Travel expenses3%5$280$1,401
Self Education expenses3%5$803$4,017
Total Deductions67%100$1,923$192,311
Taxable Income100%150$31,786$4,767,880
Medicare Levy 53%80$690$55,220
Medicare Surcharge 3%5$751$3,757
Gross Tax 73%110$5,888$647,633
Net Tax 60%90$7,166$644,930
Average Tax 100%150 $4,300$644,930
Gross Tax Rate 73%110 19%$647,633
Net Tax Rate 60%90 23%$644,930
Average Tax Rate 100%150 14%$644,930
%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 $31,786. It is estimated that the average taxable income for people who paid a net amount of tax was $44976.

The average net tax paid was $7,166. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 80 people for an average of $690. 5 people paid $751 on average more for the Medicare surcharge.

95 people earned a salary or wage and took home an average of $38,948 each.

Government allowance and payments were collected by 10 people for on average $4,675. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $203 were made by 40 people.

The costs of tax affairs for 55 people were claimed for $216 each.