TaxStats for postcode 3390 FY2013

Postcode 3390 includes Kewell, Murtoa in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 535 individuals in postcode 3390. Of these people, 530 made a taxable income or loss. 420 of the population paid a gross amount of tax. After tax offsets, 375 people actually paid a net amount of tax. There were 155 non-taxable people who paid net tax of $0.

Compare TaxStats of 3390 with VIC

3390 TaxStats FY2013%Ppl#Ppl3390
Total Individuals100%535
Salary or Wage 73%390$39,379$15,357,946
Gross Interest63%335$2,047$685,582
Unfranked Dividends18%95$222$21,084
Franked Dividends30%160$2,099$335,919
Dividend Franking Credit30%160$899$143,822
Capital Gains12%65$5,551$360,832
Termination Payouts1%5$7,537$37,686
Tips/Directors Fees etc24%130$1,564$203,258
Business Income9%50$36,969$1,848,461
Foreign Income8%45$1,833$82,467
Government payments6%30$6,780$203,385
Government pensions7%40$9,501$380,025
Total Income or Loss100%535$51,416$27,507,674
Charitable Gifts28%150$472$70,792
Cost of Tax Affairs44%235$289$67,900
Work Car expenses24%130$1,876$243,867
Work Travel expenses7%35$1,745$61,080
Self Education expenses3%15$1,520$22,806
Total Deductions79%420$2,543$1,068,006
Taxable Income99%530$48,947$25,941,914
Medicare Levy 67%360$965$347,358
Medicare Surcharge 3%15$1,614$24,208
Gross Tax 79%420$11,940$5,014,869
Net Tax 70%375$12,412$4,654,502
Average Tax 100%535 $8,700$4,654,502
Gross Tax Rate 79%420 24%$5,014,869
Net Tax Rate 70%375 25%$4,654,502
Average Tax Rate 100%535 18%$4,654,502
%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 $48,947. It is estimated that the average taxable income for people who paid a net amount of tax was $64218.

The average net tax paid was $12,412. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 360 people for an average of $965. 15 people paid $1,614 on average more for the Medicare surcharge.

390 people earned a salary or wage and took home an average of $39,379 each.

Government allowance and payments were collected by 30 people for on average $6,780. 40 people received the pension or other allowance.

Charitable gifts and donations of an average of $472 were made by 150 people.

The costs of tax affairs for 235 people were claimed for $289 each.