TaxStats for postcode 3871 FY2013

Postcode 3871 includes Allambee Reserve, Allambee South, Baromi, Darlimurla, Delburn, Dollar, Limonite, Mirboo, Mirboo North in Victoria, and is in the federal electorate of McMillan.

In FY 2013 the ATO recorded 1,570 individuals in postcode 3871. Of these people, 1,550 made a taxable income or loss. 1,125 of the population paid a gross amount of tax. After tax offsets, 990 people actually paid a net amount of tax. There were 560 non-taxable people who paid net tax of $0.

Compare TaxStats of 3871 with VIC

3871 TaxStats FY2013%Ppl#Ppl3871
Total Individuals100%1,570
Salary or Wage 71%1,115$47,950$53,464,404
Gross Interest57%890$2,044$1,819,318
Unfranked Dividends19%300$464$139,176
Franked Dividends26%405$3,600$1,457,871
Dividend Franking Credit25%400$1,561$624,457
Capital Gains4%70$7,511$525,738
Termination Payouts3%50$13,141$657,036
Tips/Directors Fees etc22%345$2,127$733,649
Business Income13%200$7,356$1,471,272
Foreign Income4%65$281$18,290
Government payments8%120$5,153$618,360
Government pensions8%125$9,975$1,246,813
Total Income or Loss100%1,565$44,538$69,702,575
Charitable Gifts38%600$294$176,581
Cost of Tax Affairs43%670$268$179,464
Work Car expenses24%380$2,170$824,669
Work Travel expenses7%110$1,767$194,343
Self Education expenses5%75$1,634$122,527
Total Deductions77%1,210$2,333$2,823,526
Taxable Income99%1,550$43,004$66,656,056
Medicare Levy 60%940$922$866,787
Medicare Surcharge 3%45$1,136$51,103
Gross Tax 72%1,125$10,969$12,339,908
Net Tax 63%990$12,578$12,452,528
Average Tax 100%1,570 $7,932$12,452,528
Gross Tax Rate 72%1,125 26%$12,339,908
Net Tax Rate 63%990 29%$12,452,528
Average Tax Rate 100%1,570 18%$12,452,528
%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 $43,004. It is estimated that the average taxable income for people who paid a net amount of tax was $60541.

The average net tax paid was $12,578. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 940 people for an average of $922. 45 people paid $1,136 on average more for the Medicare surcharge.

1,115 people earned a salary or wage and took home an average of $47,950 each.

Government allowance and payments were collected by 120 people for on average $5,153. 125 people received the pension or other allowance.

Charitable gifts and donations of an average of $294 were made by 600 people.

The costs of tax affairs for 670 people were claimed for $268 each.