TaxStats for postcode 3334 FY2013

Postcode 3334 includes Bungal, Cargerie, Elaine, Morrisons, Mount Doran in Victoria, and is in the federal electorate of Ballarat.

In FY 2013 the ATO recorded 300 individuals in postcode 3334. Of these people, 295 made a taxable income or loss. 235 of the population paid a gross amount of tax. After tax offsets, 215 people actually paid a net amount of tax. There were 80 non-taxable people who paid net tax of $0.

Compare TaxStats of 3334 with VIC

3334 TaxStats FY2013%Ppl#Ppl3334
Total Individuals100%300
Salary or Wage 77%230$47,890$11,014,780
Gross Interest52%155$2,293$355,410
Unfranked Dividends10%30$301$9,031
Franked Dividends20%60$2,930$175,795
Dividend Franking Credit20%60$1,255$75,322
Capital Gains3%10$19,702$197,020
Termination Payouts2%5$6,156$30,782
Tips/Directors Fees etc23%70$2,750$192,523
Business Income13%40$-9,481$-379,232
Foreign Income3%10$90$903
Government payments8%25$3,665$91,628
Government pensions7%20$11,895$237,896
Total Income or Loss98%295$46,536$13,728,233
Charitable Gifts38%115$295$33,921
Cost of Tax Affairs52%155$254$39,446
Work Car expenses27%80$3,202$256,191
Work Travel expenses7%20$4,023$80,464
Self Education expenses2%5$1,860$9,301
Total Deductions82%245$2,997$734,254
Taxable Income98%295$43,935$12,960,754
Medicare Levy 68%205$852$174,682
Medicare Surcharge 2%5$1,053$5,267
Gross Tax 78%235$9,805$2,304,129
Net Tax 72%215$10,974$2,359,311
Average Tax 100%300 $7,864$2,359,311
Gross Tax Rate 78%235 22%$2,304,129
Net Tax Rate 72%215 25%$2,359,311
Average Tax Rate 100%300 18%$2,359,311
%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 $43,935. It is estimated that the average taxable income for people who paid a net amount of tax was $55817.

The average net tax paid was $10,974. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 205 people for an average of $852. 5 people paid $1,053 on average more for the Medicare surcharge.

230 people earned a salary or wage and took home an average of $47,890 each.

Government allowance and payments were collected by 25 people for on average $3,665. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $295 were made by 115 people.

The costs of tax affairs for 155 people were claimed for $254 each.