TaxStats for postcode 3951 FY2013

Postcode 3951 includes Arawata, Fairbank, Jumbunna, Kardella, Kongwak, Moyarra, Outtrim, Ranceby in Victoria, and is in the federal electorate of McMillan.

In FY 2013 the ATO recorded 605 individuals in postcode 3951. Of these people, 595 made a taxable income or loss. 415 of the population paid a gross amount of tax. After tax offsets, 365 people actually paid a net amount of tax. There were 230 non-taxable people who paid net tax of $0.

Compare TaxStats of 3951 with VIC

3951 TaxStats FY2013%Ppl#Ppl3951
Total Individuals100%605
Salary or Wage 60%365$41,113$15,006,342
Gross Interest58%350$2,519$881,697
Unfranked Dividends21%125$1,229$153,631
Franked Dividends30%180$3,073$553,222
Dividend Franking Credit29%175$1,354$237,037
Capital Gains5%30$16,485$494,541
Termination Payouts2%10$9,036$90,360
Tips/Directors Fees etc21%125$2,316$289,514
Business Income14%85$7,123$605,419
Foreign Income6%35$76$2,670
Government payments7%40$5,487$219,483
Government pensions6%35$9,848$344,692
Total Income or Loss98%595$36,742$21,861,310
Charitable Gifts29%175$302$52,835
Cost of Tax Affairs39%235$340$79,801
Work Car expenses18%110$2,619$288,121
Work Travel expenses5%30$1,978$59,352
Self Education expenses2%15$2,375$35,629
Total Deductions68%410$2,570$1,053,704
Taxable Income98%595$34,795$20,703,306
Medicare Levy 55%335$786$263,194
Medicare Surcharge 2%10$1,096$10,962
Gross Tax 69%415$8,373$3,474,822
Net Tax 60%365$9,263$3,381,102
Average Tax 100%605 $5,589$3,381,102
Gross Tax Rate 69%415 24%$3,474,822
Net Tax Rate 60%365 27%$3,381,102
Average Tax Rate 100%605 16%$3,381,102
%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 $34,795. It is estimated that the average taxable income for people who paid a net amount of tax was $49160.

The average net tax paid was $9,263. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 335 people for an average of $786. 10 people paid $1,096 on average more for the Medicare surcharge.

365 people earned a salary or wage and took home an average of $41,113 each.

Government allowance and payments were collected by 40 people for on average $5,487. 35 people received the pension or other allowance.

Charitable gifts and donations of an average of $302 were made by 175 people.

The costs of tax affairs for 235 people were claimed for $340 each.