TaxStats for postcode 3364 FY2013

Postcode 3364 includes Allendale, Ascot, Bald Hills, Barkstead, Blampied, Broomfield, Cabbage Tree, Campbelltown, Coghills Creek, Glendonald, Glendonnell, Joyces Creek, Kingston, Kooroocheang, Lawrence, Mount Prospect, Newlyn, Newlyn North, Rocklyn, Smeaton, Smokey Town, Smokeytown, Springmount, Strathlea, Werona in Victoria, and is in the federal electorate of Ballarat.

In FY 2013 the ATO recorded 1,110 individuals in postcode 3364. Of these people, 1,100 made a taxable income or loss. 805 of the population paid a gross amount of tax. After tax offsets, 715 people actually paid a net amount of tax. There were 385 non-taxable people who paid net tax of $0.

Compare TaxStats of 3364 with VIC

3364 TaxStats FY2013%Ppl#Ppl3364
Avg
3364
Total
Total Individuals100%1,110
Income
Salary or Wage 70%780$44,365$34,604,795
Gross Interest61%680$2,514$1,709,206
Unfranked Dividends15%170$355$60,400
Franked Dividends28%310$6,380$1,977,649
Dividend Franking Credit27%305$2,776$846,761
Capital Gains4%45$6,239$280,776
Termination Payouts2%20$5,659$113,179
Tips/Directors Fees etc19%210$2,835$595,335
Business Income13%140$7,294$1,021,200
Foreign Income4%45$777$34,956
Government payments8%85$4,728$401,871
Government pensions6%65$9,235$600,276
Total Income or Loss100%1,105$43,400$47,956,681
Deducations
Charitable Gifts36%395$233$91,876
Cost of Tax Affairs46%510$300$152,860
Work Car expenses28%310$2,574$797,883
Work Travel expenses8%85$1,806$153,471
Self Education expenses2%20$1,611$32,224
Total Deductions78%865$3,013$2,605,911
Taxation
Taxable Income99%1,100$40,865$44,951,603
Medicare Levy 61%680$870$591,263
Medicare Surcharge 1%10$1,219$12,193
Gross Tax 73%805$9,997$8,047,185
Net Tax 64%715$11,394$8,146,676
Average Tax 100%1,110 $7,339$8,146,676
Gross Tax Rate 73%805 24%$8,047,185
Net Tax Rate 64%715 28%$8,146,676
Average Tax Rate 100%1,110 18%$8,146,676
%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 $40,865. It is estimated that the average taxable income for people who paid a net amount of tax was $56408.

The average net tax paid was $11,394. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 680 people for an average of $870. 10 people paid $1,219 on average more for the Medicare surcharge.

780 people earned a salary or wage and took home an average of $44,365 each.

Government allowance and payments were collected by 85 people for on average $4,728. 65 people received the pension or other allowance.

Charitable gifts and donations of an average of $233 were made by 395 people.

The costs of tax affairs for 510 people were claimed for $300 each.