TaxStats for postcode 3375 FY2013

Postcode 3375 includes Ballyrogan, Ballyrogan, Bayindeen, Bayindeen, Buangor, Buangor, Middle Creek in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 140 individuals in postcode 3375. Of these people, 135 made a taxable income or loss. 90 of the population paid a gross amount of tax. After tax offsets, 75 people actually paid a net amount of tax. There were 60 non-taxable people who paid net tax of $0.

Compare TaxStats of 3375 with VIC

3375 TaxStats FY2013%Ppl#Ppl3375
Avg
3375
Total
Total Individuals100%140
Income
Salary or Wage 61%85$38,007$3,230,621
Gross Interest61%85$4,235$360,015
Unfranked Dividends29%40$1,036$41,450
Franked Dividends39%55$7,832$430,780
Dividend Franking Credit39%55$3,356$184,591
Capital Gains7%10$16,354$163,541
Termination Payouts4%5$73$367
Tips/Directors Fees etc18%25$2,113$52,827
Business Income11%15$-9,818$-147,267
Foreign Income7%10$225$2,248
Government payments7%10$7,058$70,577
Government pensions7%10$8,996$89,957
Total Income or Loss100%140$40,870$5,721,782
Deducations
Charitable Gifts29%40$219$8,773
Cost of Tax Affairs36%50$295$14,750
Work Car expenses25%35$2,332$81,633
Work Travel expenses7%10$650$6,500
Self Education expenses4%5$232$1,161
Total Deductions68%95$3,597$341,713
Taxation
Taxable Income96%135$38,699$5,224,388
Medicare Levy 50%70$946$66,204
Medicare Surcharge 4%5$340$1,698
Gross Tax 64%90$11,064$995,749
Net Tax 54%75$13,036$977,700
Average Tax 100%140 $6,984$977,700
Gross Tax Rate 64%90 29%$995,749
Net Tax Rate 54%75 34%$977,700
Average Tax Rate 100%140 18%$977,700
%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 $38,699. It is estimated that the average taxable income for people who paid a net amount of tax was $60059.

The average net tax paid was $13,036. This equates to an average tax of 34 cents in the dollar on taxable income.

The Medicare levy was paid by 70 people for an average of $946. 5 people paid $340 on average more for the Medicare surcharge.

85 people earned a salary or wage and took home an average of $38,007 each.

Government allowance and payments were collected by 10 people for on average $7,058. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $219 were made by 40 people.

The costs of tax affairs for 50 people were claimed for $295 each.