TaxStats for postcode 3387 FY2013

Postcode 3387 includes Bolangum, Bolangum, Callawadda, Callawadda, Campbells Bridge, Campbells Bridge, Germania, Germania, Greens Creek, Greens Creek, Kanya, Kanya, Marnoo, Marnoo West, Morrl Morrl, Morrl Morrl, Wallaloo, Wallaloo, Wallaloo East, Wallaloo East in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 205 individuals in postcode 3387. Of these people, 195 made a taxable income or loss. 155 of the population paid a gross amount of tax. After tax offsets, 135 people actually paid a net amount of tax. There were 60 non-taxable people who paid net tax of $0.

Compare TaxStats of 3387 with VIC

3387 TaxStats FY2013%Ppl#Ppl3387
Avg
3387
Total
Total Individuals100%205
Income
Salary or Wage 61%125$34,632$4,328,962
Gross Interest63%130$1,416$184,078
Unfranked Dividends24%50$316$15,781
Franked Dividends39%80$1,603$128,235
Dividend Franking Credit39%80$687$54,934
Capital Gains7%15$2,716$40,736
Termination Payouts2%5$2,660$13,300
Tips/Directors Fees etc20%40$947$37,874
Business Income12%25$4,230$105,756
Foreign Income7%15$255$3,821
Government payments5%10$6,884$68,838
Government pensions5%10$9,036$90,362
Total Income or Loss98%200$38,113$7,622,570
Deducations
Charitable Gifts20%40$101$4,041
Cost of Tax Affairs37%75$239$17,959
Work Car expenses17%35$2,460$86,111
Work Travel expenses5%10$424$4,241
Self Education expenses2%5$2,310$11,548
Total Deductions73%150$3,062$459,314
Taxation
Taxable Income95%195$36,460$7,109,792
Medicare Levy 63%130$725$94,224
Medicare Surcharge 2%5$445$2,225
Gross Tax 76%155$7,552$1,170,566
Net Tax 66%135$7,988$1,078,390
Average Tax 100%205 $5,260$1,078,390
Gross Tax Rate 76%155 21%$1,170,566
Net Tax Rate 66%135 22%$1,078,390
Average Tax Rate 100%205 14%$1,078,390
%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 $36,460. It is estimated that the average taxable income for people who paid a net amount of tax was $47332.

The average net tax paid was $7,988. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 130 people for an average of $725. 5 people paid $445 on average more for the Medicare surcharge.

125 people earned a salary or wage and took home an average of $34,632 each.

Government allowance and payments were collected by 10 people for on average $6,884. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $101 were made by 40 people.

The costs of tax affairs for 75 people were claimed for $239 each.