TaxStats for postcode 3352 FY2013

Postcode 3352 includes Addington, Ballarat Roadside Delivery, Blowhard, Bolwarrah, Bonshaw, Brewster, Bullarook, Bungaree, Bunkers Hill, Burrumbeet, Cambrian Hill, Cardigan, Cardigan Village, Chapel Flat, Clarendon, Claretown, Clarkes Hill, Corindhap, Corindhap, Dereel, Dunnstown, Durham Lead, Enfield, Ercildoune, Garibaldi, Glen Park, Glenbrae, Gong Gong, Grenville, Invermay, Lal Lal, Lamplough, Langi Kal Kal, Learmonth, Leigh Creek, Lexton, Magpie, Millbrook, Miners Rest, Mollongghip, Mount Bolton, Mount Egerton, Mount Mercer, Mount Mitchell, Mount Rowan, Napoleons, Navigators, Pootilla, Scotchmans Lead, Scotsburn, Springbank, Sulky, Wallace, Warrenheip, Wattle Flat, Waubra, Weatherboard, Werneth, Werneth, Windermere, Yendon in Victoria, and is in the federal electorate of Ballarat.

In FY 2013 the ATO recorded 8,770 individuals in postcode 3352. Of these people, 8,700 made a taxable income or loss. 6,870 of the population paid a gross amount of tax. After tax offsets, 6,255 people actually paid a net amount of tax. There were 2,445 non-taxable people who paid net tax of $0.

Compare TaxStats of 3352 with VIC

3352 TaxStats FY2013%Ppl#Ppl3352
Avg
3352
Total
Total Individuals100%8,770
Income
Salary or Wage 78%6,830$47,197$322,353,044
Gross Interest56%4,950$1,654$8,184,990
Unfranked Dividends12%1,080$357$385,174
Franked Dividends25%2,225$5,985$13,316,000
Dividend Franking Credit25%2,215$2,575$5,704,220
Capital Gains5%395$10,346$4,086,512
Termination Payouts1%125$6,809$851,161
Tips/Directors Fees etc22%1,970$2,408$4,743,439
Business Income10%890$13,057$11,620,360
Foreign Income5%405$297$120,096
Government payments6%545$5,425$2,956,860
Government pensions5%430$9,526$4,096,355
Total Income or Loss100%8,740$49,016$428,397,818
Deducations
Charitable Gifts39%3,380$278$940,531
Cost of Tax Affairs51%4,470$310$1,384,013
Work Car expenses33%2,925$2,539$7,426,269
Work Travel expenses9%805$2,010$1,618,138
Self Education expenses3%290$1,458$422,716
Total Deductions82%7,190$3,427$24,642,826
Taxation
Taxable Income99%8,700$46,259$402,456,883
Medicare Levy 69%6,015$900$5,412,991
Medicare Surcharge 1%75$1,031$77,330
Gross Tax 78%6,870$10,926$75,064,424
Net Tax 71%6,255$12,247$76,607,766
Average Tax 100%8,770 $8,735$76,607,766
Gross Tax Rate 78%6,870 24%$75,064,424
Net Tax Rate 71%6,255 26%$76,607,766
Average Tax Rate 100%8,770 19%$76,607,766
%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 $46,259. It is estimated that the average taxable income for people who paid a net amount of tax was $59651.

The average net tax paid was $12,247. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 6,015 people for an average of $900. 75 people paid $1,031 on average more for the Medicare surcharge.

6,830 people earned a salary or wage and took home an average of $47,197 each.

Government allowance and payments were collected by 545 people for on average $5,425. 430 people received the pension or other allowance.

Charitable gifts and donations of an average of $278 were made by 3,380 people.

The costs of tax affairs for 4,470 people were claimed for $310 each.