TaxStats for postcode 3356 FY2013

Postcode 3356 includes Delacombe, Sebastopol in Victoria, and is in the federal electorate of Ballarat.

In FY 2013 the ATO recorded 7,025 individuals in postcode 3356. Of these people, 7,005 made a taxable income or loss. 5,675 of the population paid a gross amount of tax. After tax offsets, 5,095 people actually paid a net amount of tax. There were 1,910 non-taxable people who paid net tax of $0.

Compare TaxStats of 3356 with VIC

3356 TaxStats FY2013%Ppl#Ppl3356
Avg
3356
Total
Total Individuals100%7,025
Income
Salary or Wage 85%5,995$41,073$246,234,116
Gross Interest49%3,420$1,160$3,966,176
Unfranked Dividends7%460$209$96,126
Franked Dividends16%1,145$3,871$4,432,733
Dividend Franking Credit16%1,140$1,666$1,898,741
Capital Gains2%175$7,738$1,354,181
Termination Payouts1%90$4,433$398,953
Tips/Directors Fees etc22%1,535$1,831$2,811,089
Business Income6%450$13,931$6,268,894
Foreign Income3%185$472$87,377
Government payments13%880$5,475$4,817,798
Government pensions8%540$9,560$5,162,278
Total Income or Loss100%7,010$41,579$291,470,476
Deducations
Charitable Gifts43%3,000$146$437,848
Cost of Tax Affairs54%3,825$224$857,825
Work Car expenses36%2,500$2,280$5,700,503
Work Travel expenses9%655$1,760$1,152,679
Self Education expenses4%310$1,353$419,369
Total Deductions86%6,015$2,533$15,235,883
Taxation
Taxable Income100%7,005$39,399$275,992,821
Medicare Levy 68%4,785$733$3,505,398
Medicare Surcharge 0%30$1,220$36,600
Gross Tax 81%5,675$7,250$41,144,772
Net Tax 73%5,095$8,166$41,603,275
Average Tax 100%7,025 $5,922$41,603,275
Gross Tax Rate 81%5,675 18%$41,144,772
Net Tax Rate 73%5,095 21%$41,603,275
Average Tax Rate 100%7,025 15%$41,603,275
%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 $39,399. It is estimated that the average taxable income for people who paid a net amount of tax was $49671.

The average net tax paid was $8,166. This equates to an average tax of 21 cents in the dollar on taxable income.

The Medicare levy was paid by 4,785 people for an average of $733. 30 people paid $1,220 on average more for the Medicare surcharge.

5,995 people earned a salary or wage and took home an average of $41,073 each.

Government allowance and payments were collected by 880 people for on average $5,475. 540 people received the pension or other allowance.

Charitable gifts and donations of an average of $146 were made by 3,000 people.

The costs of tax affairs for 3,825 people were claimed for $224 each.