TaxStats for postcode 3385 FY2013

Postcode 3385 includes Dadswells Bridge, Deep Lead, Glenorchy, Ledcourt, Lubeck, Lubeck, Riachella, Roses Gap, Wal Wal in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 230 individuals in postcode 3385. Of these people, 225 made a taxable income or loss. 160 of the population paid a gross amount of tax. After tax offsets, 140 people actually paid a net amount of tax. There were 85 non-taxable people who paid net tax of $0.

Compare TaxStats of 3385 with VIC

3385 TaxStats FY2013%Ppl#Ppl3385
Avg
3385
Total
Total Individuals100%230
Income
Salary or Wage 65%150$36,339$5,450,921
Gross Interest65%150$2,449$367,395
Unfranked Dividends22%50$484$24,224
Franked Dividends37%85$4,662$396,303
Dividend Franking Credit37%85$2,001$170,065
Capital Gains7%15$6,197$92,949
Termination Payouts2%5$3,402$17,010
Tips/Directors Fees etc17%40$3,055$122,219
Business Income15%35$10,135$354,732
Foreign Income4%10$342$3,417
Government payments7%15$4,060$60,894
Government pensions4%10$8,076$80,755
Total Income or Loss100%230$47,614$10,951,248
Deducations
Charitable Gifts30%70$379$26,499
Cost of Tax Affairs39%90$231$20,803
Work Car expenses20%45$2,295$103,279
Work Travel expenses11%25$1,168$29,202
Self Education expenses4%10$902$9,015
Total Deductions72%165$2,942$485,418
Taxation
Taxable Income98%225$46,156$10,385,163
Medicare Levy 59%135$1,035$139,672
Medicare Surcharge 2%5$745$3,726
Gross Tax 70%160$13,550$2,168,025
Net Tax 61%140$14,286$2,000,063
Average Tax 100%230 $8,696$2,000,063
Gross Tax Rate 70%160 29%$2,168,025
Net Tax Rate 61%140 31%$2,000,063
Average Tax Rate 100%230 19%$2,000,063
%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 $46,156. It is estimated that the average taxable income for people who paid a net amount of tax was $66894.

The average net tax paid was $14,286. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 135 people for an average of $1,035. 5 people paid $745 on average more for the Medicare surcharge.

150 people earned a salary or wage and took home an average of $36,339 each.

Government allowance and payments were collected by 15 people for on average $4,060. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $379 were made by 70 people.

The costs of tax affairs for 90 people were claimed for $231 each.