TaxStats for postcode 3381 FY2013

Postcode 3381 includes Bellellen, Black Range, Fyans Creek, Halls Gap, Illawarra, Lake Fyans, Lake Lonsdale, Mokepilly, Mount Dryden, Pomonal in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 595 individuals in postcode 3381. Of these people, 590 made a taxable income or loss. 420 of the population paid a gross amount of tax. After tax offsets, 360 people actually paid a net amount of tax. There were 230 non-taxable people who paid net tax of $0.

Compare TaxStats of 3381 with VIC

3381 TaxStats FY2013%Ppl#Ppl3381
Avg
3381
Total
Total Individuals100%595
Income
Salary or Wage 71%425$42,096$17,890,755
Gross Interest57%340$2,412$820,030
Unfranked Dividends12%70$1,533$107,335
Franked Dividends25%150$7,677$1,151,543
Dividend Franking Credit25%150$3,287$493,087
Capital Gains6%35$5,465$191,264
Termination Payouts2%10$1,933$19,332
Tips/Directors Fees etc13%80$2,067$165,369
Business Income11%65$7,134$463,719
Foreign Income5%30$326$9,780
Government payments8%45$5,710$256,963
Government pensions8%50$9,563$478,156
Total Income or Loss100%595$41,722$24,824,710
Deducations
Charitable Gifts31%185$264$48,843
Cost of Tax Affairs46%275$345$94,991
Work Car expenses21%125$2,177$272,133
Work Travel expenses6%35$2,040$71,413
Self Education expenses3%20$1,774$35,482
Total Deductions77%460$2,423$1,114,444
Taxation
Taxable Income99%590$40,121$23,671,282
Medicare Levy 58%345$879$303,285
Medicare Surcharge 2%10$904$9,040
Gross Tax 71%420$10,000$4,199,897
Net Tax 61%360$11,671$4,201,674
Average Tax 100%595 $7,062$4,201,674
Gross Tax Rate 71%420 25%$4,199,897
Net Tax Rate 61%360 29%$4,201,674
Average Tax Rate 100%595 18%$4,201,674
%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 $40,121. It is estimated that the average taxable income for people who paid a net amount of tax was $58087.

The average net tax paid was $11,671. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 345 people for an average of $879. 10 people paid $904 on average more for the Medicare surcharge.

425 people earned a salary or wage and took home an average of $42,096 each.

Government allowance and payments were collected by 45 people for on average $5,710. 50 people received the pension or other allowance.

Charitable gifts and donations of an average of $264 were made by 185 people.

The costs of tax affairs for 275 people were claimed for $345 each.