TaxStats for postcode 3374 FY2013

Postcode 3374 includes Great Western, Great Western in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 165 individuals in postcode 3374. Of these people, 165 made a taxable income or loss. 125 of the population paid a gross amount of tax. After tax offsets, 115 people actually paid a net amount of tax. There were 50 non-taxable people who paid net tax of $0.

Compare TaxStats of 3374 with VIC

3374 TaxStats FY2013%Ppl#Ppl3374
Total Individuals100%165
Salary or Wage 79%130$45,281$5,886,506
Gross Interest52%85$1,695$144,091
Unfranked Dividends6%10$61$609
Franked Dividends15%25$1,828$45,689
Dividend Franking Credit15%25$783$19,577
Capital Gains3%5$2,348$11,738
Termination Payouts3%5$1,753$8,764
Tips/Directors Fees etc18%30$2,726$81,772
Business Income12%20$15,129$302,580
Foreign Income3%5$9$45
Government payments9%15$5,873$88,101
Government pensions9%15$8,318$124,765
Total Income or Loss100%165$43,111$7,113,344
Charitable Gifts39%65$161$10,458
Cost of Tax Affairs55%90$202$18,159
Work Car expenses27%45$2,849$128,223
Work Travel expenses6%10$2,339$23,386
Self Education expenses3%5$1,594$7,970
Total Deductions79%130$2,719$353,417
Taxable Income100%165$40,928$6,753,108
Medicare Levy 70%115$775$89,084
Medicare Surcharge 3%5$730$3,649
Gross Tax 76%125$8,801$1,100,166
Net Tax 70%115$9,795$1,126,460
Average Tax 100%165 $6,827$1,126,460
Gross Tax Rate 76%125 22%$1,100,166
Net Tax Rate 70%115 24%$1,126,460
Average Tax Rate 100%165 17%$1,126,460
%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 $40,928. It is estimated that the average taxable income for people who paid a net amount of tax was $53505.

The average net tax paid was $9,795. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 115 people for an average of $775. 5 people paid $730 on average more for the Medicare surcharge.

130 people earned a salary or wage and took home an average of $45,281 each.

Government allowance and payments were collected by 15 people for on average $5,873. 15 people received the pension or other allowance.

Charitable gifts and donations of an average of $161 were made by 65 people.

The costs of tax affairs for 90 people were claimed for $202 each.