TaxStats for postcode 3391 FY2013

Postcode 3391 includes Brim in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 95 individuals in postcode 3391. Of these people, 95 made a taxable income or loss. 75 of the population paid a gross amount of tax. After tax offsets, 70 people actually paid a net amount of tax. There were 25 non-taxable people who paid net tax of $0.

Compare TaxStats of 3391 with VIC

3391 TaxStats FY2013%Ppl#Ppl3391
Avg
3391
Total
Total Individuals100%95
Income
Salary or Wage 53%50$53,425$2,671,243
Gross Interest68%65$3,148$204,592
Unfranked Dividends26%25$207$5,173
Franked Dividends42%40$1,919$76,770
Dividend Franking Credit42%40$822$32,894
Capital Gains11%10$12,472$124,721
Termination Payouts%0$$0
Tips/Directors Fees etc16%15$6,215$93,225
Business Income21%20$17,279$345,581
Foreign Income11%10$95$950
Government payments11%10$5,604$56,043
Government pensions5%5$2,304$11,520
Total Income or Loss100%95$53,247$5,058,512
Deducations
Charitable Gifts21%20$665$13,293
Cost of Tax Affairs42%40$265$10,600
Work Car expenses11%10$2,448$24,479
Work Travel expenses5%5$605$3,025
Self Education expenses5%5$38$192
Total Deductions79%75$4,320$324,000
Taxation
Taxable Income100%95$49,837$4,734,512
Medicare Levy 68%65$1,024$66,581
Medicare Surcharge %0$$0
Gross Tax 79%75$13,859$1,039,391
Net Tax 74%70$14,153$990,706
Average Tax 100%95 $10,428$990,706
Gross Tax Rate 79%75 28%$1,039,391
Net Tax Rate 74%70 28%$990,706
Average Tax Rate 100%95 21%$990,706
%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 $49,837. It is estimated that the average taxable income for people who paid a net amount of tax was $63350.

The average net tax paid was $14,153. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 65 people for an average of $1,024.

50 people earned a salary or wage and took home an average of $53,425 each.

Government allowance and payments were collected by 10 people for on average $5,604. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $665 were made by 20 people.

The costs of tax affairs for 40 people were claimed for $265 each.