TaxStats for postcode 3400 FY2013

Postcode 3400 includes Horsham, Horsham, Horsham West, Wonwondah East, Wonwondah South in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 8,070 individuals in postcode 3400. Of these people, 8,035 made a taxable income or loss. 6,430 of the population paid a gross amount of tax. After tax offsets, 5,745 people actually paid a net amount of tax. There were 2,290 non-taxable people who paid net tax of $0.

Compare TaxStats of 3400 with VIC

3400 TaxStats FY2013%Ppl#Ppl3400
Total Individuals100%8,070
Salary or Wage 78%6,320$41,647$263,212,037
Gross Interest60%4,810$2,027$9,752,212
Unfranked Dividends15%1,225$436$534,146
Franked Dividends30%2,430$4,816$11,702,804
Dividend Franking Credit30%2,425$2,066$5,011,018
Capital Gains7%525$5,957$3,127,254
Termination Payouts1%70$5,675$397,266
Tips/Directors Fees etc22%1,770$2,273$4,022,933
Business Income6%505$18,432$9,308,178
Foreign Income7%580$321$186,075
Government payments9%740$5,308$3,927,664
Government pensions8%685$9,096$6,230,562
Total Income or Loss100%8,055$45,340$365,217,056
Charitable Gifts36%2,945$401$1,180,086
Cost of Tax Affairs45%3,665$289$1,059,086
Work Car expenses26%2,075$2,047$4,248,356
Work Travel expenses9%710$2,047$1,453,023
Self Education expenses4%355$1,882$668,133
Total Deductions82%6,585$2,687$17,690,914
Taxable Income100%8,035$43,103$346,330,578
Medicare Levy 68%5,495$820$4,508,212
Medicare Surcharge 1%90$1,283$115,504
Gross Tax 80%6,430$9,182$59,041,251
Net Tax 71%5,745$10,343$59,420,867
Average Tax 100%8,070 $7,363$59,420,867
Gross Tax Rate 80%6,430 21%$59,041,251
Net Tax Rate 71%5,745 24%$59,420,867
Average Tax Rate 100%8,070 17%$59,420,867
%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 $43,103. It is estimated that the average taxable income for people who paid a net amount of tax was $55501.

The average net tax paid was $10,343. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 5,495 people for an average of $820. 90 people paid $1,283 on average more for the Medicare surcharge.

6,320 people earned a salary or wage and took home an average of $41,647 each.

Government allowance and payments were collected by 740 people for on average $5,308. 685 people received the pension or other allowance.

Charitable gifts and donations of an average of $401 were made by 2,945 people.

The costs of tax affairs for 3,665 people were claimed for $289 each.