TaxStats for postcode 3418 FY2013

Postcode 3418 includes Broughton, Gerang Gerung, Glenlee, Kiata, Lawloit, Little Desert, Lorquon, Netherby, Nhill, Yanac in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 1,725 individuals in postcode 3418. Of these people, 1,710 made a taxable income or loss. 1,255 of the population paid a gross amount of tax. After tax offsets, 1,095 people actually paid a net amount of tax. There were 615 non-taxable people who paid net tax of $0.

Compare TaxStats of 3418 with VIC

3418 TaxStats FY2013%Ppl#Ppl3418
Total Individuals100%1,725
Salary or Wage 63%1,090$35,925$39,158,596
Gross Interest67%1,150$2,516$2,892,969
Unfranked Dividends24%410$363$148,705
Franked Dividends38%655$4,144$2,714,024
Dividend Franking Credit38%655$1,778$1,164,325
Capital Gains12%215$5,164$1,110,259
Termination Payouts1%10$1,803$18,033
Tips/Directors Fees etc17%290$1,615$468,381
Business Income8%135$10,936$1,476,321
Foreign Income10%180$209$37,621
Government payments7%120$4,858$582,934
Government pensions6%110$9,742$1,071,651
Total Income or Loss100%1,720$40,056$68,897,114
Charitable Gifts27%460$342$157,192
Cost of Tax Affairs41%705$286$201,573
Work Car expenses13%230$2,258$519,347
Work Travel expenses4%75$4,124$309,328
Self Education expenses3%60$2,425$145,475
Total Deductions74%1,275$2,834$3,613,088
Taxable Income99%1,710$37,773$64,591,810
Medicare Levy 59%1,025$815$835,221
Medicare Surcharge 1%20$1,456$29,129
Gross Tax 73%1,255$8,791$11,033,104
Net Tax 63%1,095$9,721$10,644,336
Average Tax 100%1,725 $6,171$10,644,336
Gross Tax Rate 73%1,255 23%$11,033,104
Net Tax Rate 63%1,095 26%$10,644,336
Average Tax Rate 100%1,725 16%$10,644,336
%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 $37,773. It is estimated that the average taxable income for people who paid a net amount of tax was $52248.

The average net tax paid was $9,721. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,025 people for an average of $815. 20 people paid $1,456 on average more for the Medicare surcharge.

1,090 people earned a salary or wage and took home an average of $35,925 each.

Government allowance and payments were collected by 120 people for on average $4,858. 110 people received the pension or other allowance.

Charitable gifts and donations of an average of $342 were made by 460 people.

The costs of tax affairs for 705 people were claimed for $286 each.