TaxStats for postcode 3097 FY2013

Postcode 3097 includes Bend Of Islands, Kangaroo Ground, Watsons Creek in Victoria, and is in the federal electorate of McEwen.

In FY 2013 the ATO recorded 945 individuals in postcode 3097. Of these people, 940 made a taxable income or loss. 740 of the population paid a gross amount of tax. After tax offsets, 690 people actually paid a net amount of tax. There were 250 non-taxable people who paid net tax of $0.

Compare TaxStats of 3097 with VIC

3097 TaxStats FY2013%Ppl#Ppl3097
Total Individuals100%945
Salary or Wage 69%655$61,767$40,457,344
Gross Interest66%625$2,425$1,515,419
Unfranked Dividends13%125$690$86,202
Franked Dividends32%305$17,365$5,296,433
Dividend Franking Credit32%305$7,439$2,268,911
Capital Gains6%55$44,966$2,473,147
Termination Payouts2%15$39,342$590,124
Tips/Directors Fees etc16%155$7,931$1,229,228
Business Income12%110$23,726$2,609,820
Foreign Income7%65$1,119$72,706
Government payments3%25$5,676$141,890
Government pensions3%30$9,272$278,160
Total Income or Loss100%945$72,946$68,934,320
Charitable Gifts31%295$775$228,523
Cost of Tax Affairs44%420$541$227,131
Work Car expenses21%195$4,019$783,802
Work Travel expenses9%85$2,256$191,719
Self Education expenses2%20$1,827$36,535
Total Deductions77%730$4,154$3,032,738
Taxable Income99%940$70,051$65,848,136
Medicare Levy 71%670$1,384$927,053
Medicare Surcharge 1%10$2,098$20,984
Gross Tax 78%740$22,623$16,741,176
Net Tax 73%690$25,055$17,288,229
Average Tax 100%945 $18,294$17,288,229
Gross Tax Rate 78%740 32%$16,741,176
Net Tax Rate 73%690 36%$17,288,229
Average Tax Rate 100%945 26%$17,288,229
%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 $70,051. It is estimated that the average taxable income for people who paid a net amount of tax was $91084.

The average net tax paid was $25,055. This equates to an average tax of 36 cents in the dollar on taxable income.

The Medicare levy was paid by 670 people for an average of $1,384. 10 people paid $2,098 on average more for the Medicare surcharge.

655 people earned a salary or wage and took home an average of $61,767 each.

Government allowance and payments were collected by 25 people for on average $5,676. 30 people received the pension or other allowance.

Charitable gifts and donations of an average of $775 were made by 295 people.

The costs of tax affairs for 420 people were claimed for $541 each.