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 | #Ppl | 3355 Avg | 3355 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 5,845 | ||
| Income | ||||
| Salary or Wage | 79% | 4,615 | $43,998 | $203,051,741 |
| Gross Interest | 52% | 3,025 | $1,928 | $5,832,257 |
| Unfranked Dividends | 11% | 620 | $370 | $229,592 |
| Franked Dividends | 24% | 1,425 | $4,976 | $7,090,280 |
| Dividend Franking Credit | 24% | 1,420 | $2,140 | $3,038,675 |
| Capital Gains | 4% | 215 | $8,529 | $1,833,722 |
| Termination Payouts | 1% | 75 | $7,447 | $558,500 |
| Tips/Directors Fees etc | 21% | 1,220 | $1,731 | $2,111,253 |
| Business Income | 6% | 370 | $24,754 | $9,158,968 |
| Foreign Income | 5% | 290 | $785 | $227,708 |
| Government payments | 12% | 690 | $5,528 | $3,814,586 |
| Government pensions | 10% | 585 | $9,788 | $5,726,252 |
| Total Income or Loss | 100% | 5,825 | $44,592 | $259,747,672 |
| Deducations | ||||
| Charitable Gifts | 43% | 2,495 | $235 | $585,690 |
| Cost of Tax Affairs | 53% | 3,125 | $283 | $883,424 |
| Work Car expenses | 32% | 1,845 | $2,326 | $4,290,652 |
| Work Travel expenses | 9% | 510 | $1,740 | $887,519 |
| Self Education expenses | 4% | 215 | $1,602 | $344,351 |
| Total Deductions | 82% | 4,805 | $2,671 | $12,835,745 |
| Taxation | ||||
| Taxable Income | 100% | 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.