TaxStats for postcode 3392 FY2013

Postcode 3392 includes Boolite, Minyip, Sheep Hills in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 315 individuals in postcode 3392. Of these people, 315 made a taxable income or loss. 235 of the population paid a gross amount of tax. After tax offsets, 210 people actually paid a net amount of tax. There were 105 non-taxable people who paid net tax of $0.

Compare TaxStats of 3392 with VIC

3392 TaxStats FY2013%Ppl#Ppl3392
Avg
3392
Total
Total Individuals100%315
Income
Salary or Wage 57%180$34,275$6,169,474
Gross Interest62%195$2,892$563,885
Unfranked Dividends25%80$440$35,164
Franked Dividends40%125$3,340$417,445
Dividend Franking Credit40%125$1,433$179,123
Capital Gains11%35$2,469$86,409
Termination Payouts2%5$215$1,075
Tips/Directors Fees etc22%70$4,067$284,683
Business Income10%30$24,773$743,201
Foreign Income11%35$59$2,053
Government payments5%15$5,434$81,517
Government pensions10%30$10,762$322,855
Total Income or Loss100%315$47,149$14,851,870
Deducations
Charitable Gifts21%65$1,832$119,051
Cost of Tax Affairs41%130$346$44,976
Work Car expenses16%50$2,072$103,616
Work Travel expenses3%10$3,442$34,419
Self Education expenses3%10$3,304$33,044
Total Deductions68%215$4,307$925,997
Taxation
Taxable Income100%315$43,721$13,772,134
Medicare Levy 62%195$931$181,607
Medicare Surcharge 3%10$1,484$14,841
Gross Tax 75%235$10,848$2,549,302
Net Tax 67%210$10,721$2,251,453
Average Tax 100%315 $7,147$2,251,453
Gross Tax Rate 75%235 25%$2,549,302
Net Tax Rate 67%210 25%$2,251,453
Average Tax Rate 100%315 16%$2,251,453
%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 $43,721. It is estimated that the average taxable income for people who paid a net amount of tax was $59582.

The average net tax paid was $10,721. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 195 people for an average of $931. 10 people paid $1,484 on average more for the Medicare surcharge.

180 people earned a salary or wage and took home an average of $34,275 each.

Government allowance and payments were collected by 15 people for on average $5,434. 30 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,832 were made by 65 people.

The costs of tax affairs for 130 people were claimed for $346 each.