TaxStats for postcode 3370 FY2013

Postcode 3370 includes Clunes, Glengower, Mount Cameron, Ullina in Victoria, and is in the federal electorate of Ballarat.

In FY 2013 the ATO recorded 775 individuals in postcode 3370. Of these people, 770 made a taxable income or loss. 580 of the population paid a gross amount of tax. After tax offsets, 505 people actually paid a net amount of tax. There were 265 non-taxable people who paid net tax of $0.

Compare TaxStats of 3370 with VIC

3370 TaxStats FY2013%Ppl#Ppl3370
Total Individuals100%775
Salary or Wage 75%580$39,909$23,147,447
Gross Interest52%405$1,554$629,376
Unfranked Dividends10%80$327$26,155
Franked Dividends19%150$3,099$464,862
Dividend Franking Credit19%150$1,328$199,154
Capital Gains3%25$12,734$318,348
Termination Payouts3%20$7,410$148,200
Tips/Directors Fees etc23%175$2,383$417,005
Business Income14%105$14,289$1,500,378
Foreign Income5%35$269$9,407
Government payments12%95$5,564$528,626
Government pensions8%65$9,643$626,806
Total Income or Loss99%770$40,508$31,191,059
Charitable Gifts35%270$169$45,737
Cost of Tax Affairs50%390$241$94,095
Work Car expenses27%210$2,567$539,015
Work Travel expenses8%60$3,319$199,135
Self Education expenses4%30$3,660$109,814
Total Deductions79%615$2,999$1,844,614
Taxable Income99%770$38,112$29,346,445
Medicare Levy 62%480$756$363,113
Medicare Surcharge 1%5$1,829$9,146
Gross Tax 75%580$8,016$4,649,285
Net Tax 65%505$8,953$4,521,318
Average Tax 100%775 $5,834$4,521,318
Gross Tax Rate 75%580 21%$4,649,285
Net Tax Rate 65%505 23%$4,521,318
Average Tax Rate 100%775 15%$4,521,318
%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 $38,112. It is estimated that the average taxable income for people who paid a net amount of tax was $51815.

The average net tax paid was $8,953. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 480 people for an average of $756. 5 people paid $1,829 on average more for the Medicare surcharge.

580 people earned a salary or wage and took home an average of $39,909 each.

Government allowance and payments were collected by 95 people for on average $5,564. 65 people received the pension or other allowance.

Charitable gifts and donations of an average of $169 were made by 270 people.

The costs of tax affairs for 390 people were claimed for $241 each.