TaxStats for postcode 3355 FY2013

Postcode 3355 includes Lake Gardens, Mitchell Park, Mitchell Park, Wendouree, Wendouree Village in Victoria, and is in the federal electorate of Ballarat.

In FY 2013 the ATO recorded 5,845 individuals in postcode 3355. Of these people, 5,820 made a taxable income or loss. 4,595 of the population paid a gross amount of tax. After tax offsets, 4,005 people actually paid a net amount of tax. There were 1,815 non-taxable people who paid net tax of $0.

Compare TaxStats of 3355 with VIC

3355 TaxStats FY2013%Ppl#Ppl3355
Total Individuals100%5,845
Salary or Wage 79%4,615$43,998$203,051,741
Gross Interest52%3,025$1,928$5,832,257
Unfranked Dividends11%620$370$229,592
Franked Dividends24%1,425$4,976$7,090,280
Dividend Franking Credit24%1,420$2,140$3,038,675
Capital Gains4%215$8,529$1,833,722
Termination Payouts1%75$7,447$558,500
Tips/Directors Fees etc21%1,220$1,731$2,111,253
Business Income6%370$24,754$9,158,968
Foreign Income5%290$785$227,708
Government payments12%690$5,528$3,814,586
Government pensions10%585$9,788$5,726,252
Total Income or Loss100%5,825$44,592$259,747,672
Charitable Gifts43%2,495$235$585,690
Cost of Tax Affairs53%3,125$283$883,424
Work Car expenses32%1,845$2,326$4,290,652
Work Travel expenses9%510$1,740$887,519
Self Education expenses4%215$1,602$344,351
Total Deductions82%4,805$2,671$12,835,745
Taxable Income100%5,820$42,346$246,451,051
Medicare Levy 65%3,790$828$3,136,480
Medicare Surcharge 1%45$1,116$50,206
Gross Tax 79%4,595$9,126$41,934,298
Net Tax 69%4,005$10,526$42,157,073
Average Tax 100%5,845 $7,213$42,157,073
Gross Tax Rate 79%4,595 22%$41,934,298
Net Tax Rate 69%4,005 25%$42,157,073
Average Tax Rate 100%5,845 17%$42,157,073
%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 $42,346. It is estimated that the average taxable income for people who paid a net amount of tax was $56098.

The average net tax paid was $10,526. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 3,790 people for an average of $828. 45 people paid $1,116 on average more for the Medicare surcharge.

4,615 people earned a salary or wage and took home an average of $43,998 each.

Government allowance and payments were collected by 690 people for on average $5,528. 585 people received the pension or other allowance.

Charitable gifts and donations of an average of $235 were made by 2,495 people.

The costs of tax affairs for 3,125 people were claimed for $283 each.