TaxStats for postcode 3437 FY2013

Postcode 3437 includes Bullengarook, Gisborne, Gisborne South in Victoria, and is in the federal electorate of Bendigo.

In FY 2013 the ATO recorded 5,715 individuals in postcode 3437. Of these people, 5,685 made a taxable income or loss. 4,570 of the population paid a gross amount of tax. After tax offsets, 4,210 people actually paid a net amount of tax. There were 1,475 non-taxable people who paid net tax of $0.

Compare TaxStats of 3437 with VIC

3437 TaxStats FY2013%Ppl#Ppl3437
Avg
3437
Total
Total Individuals100%5,715
Income
Salary or Wage 79%4,500$58,013$261,060,243
Gross Interest62%3,565$1,742$6,210,385
Unfranked Dividends12%660$524$345,861
Franked Dividends27%1,530$5,277$8,074,272
Dividend Franking Credit27%1,530$2,261$3,459,028
Capital Gains5%285$19,057$5,431,307
Termination Payouts2%125$18,865$2,358,135
Tips/Directors Fees etc21%1,185$3,760$4,455,069
Business Income10%590$14,793$8,728,054
Foreign Income6%340$1,495$508,283
Government payments4%245$5,119$1,254,246
Government pensions5%280$8,337$2,334,372
Total Income or Loss100%5,695$59,048$336,277,822
Deducations
Charitable Gifts47%2,685$316$848,882
Cost of Tax Affairs53%3,020$358$1,081,558
Work Car expenses31%1,760$2,796$4,920,889
Work Travel expenses12%695$1,494$1,038,299
Self Education expenses4%230$1,965$452,049
Total Deductions83%4,760$3,514$16,725,091
Taxation
Taxable Income99%5,685$56,142$319,168,572
Medicare Levy 71%4,080$1,077$4,396,106
Medicare Surcharge 1%65$1,290$83,861
Gross Tax 80%4,570$14,891$68,050,197
Net Tax 74%4,210$16,517$69,535,948
Average Tax 100%5,715 $12,167$69,535,948
Gross Tax Rate 80%4,570 27%$68,050,197
Net Tax Rate 74%4,210 29%$69,535,948
Average Tax Rate 100%5,715 22%$69,535,948
%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 $56,142. It is estimated that the average taxable income for people who paid a net amount of tax was $71608.

The average net tax paid was $16,517. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 4,080 people for an average of $1,077. 65 people paid $1,290 on average more for the Medicare surcharge.

4,500 people earned a salary or wage and took home an average of $58,013 each.

Government allowance and payments were collected by 245 people for on average $5,119. 280 people received the pension or other allowance.

Charitable gifts and donations of an average of $316 were made by 2,685 people.

The costs of tax affairs for 3,020 people were claimed for $358 each.