TaxStats for postcode 3441 FY2013

Postcode 3441 includes Mount Macedon, Mount Macedon in Victoria, and is in the federal electorate of Bendigo.

In FY 2013 the ATO recorded 880 individuals in postcode 3441. Of these people, 870 made a taxable income or loss. 695 of the population paid a gross amount of tax. After tax offsets, 650 people actually paid a net amount of tax. There were 220 non-taxable people who paid net tax of $0.

Compare TaxStats of 3441 with VIC

3441 TaxStats FY2013%Ppl#Ppl3441
Avg
3441
Total
Total Individuals100%880
Income
Salary or Wage 68%595$66,699$39,686,061
Gross Interest65%570$3,033$1,728,651
Unfranked Dividends13%115$1,103$126,864
Franked Dividends30%260$15,180$3,946,814
Dividend Franking Credit29%255$6,631$1,690,963
Capital Gains7%60$33,216$1,992,990
Termination Payouts3%25$28,712$717,804
Tips/Directors Fees etc18%160$8,239$1,318,274
Business Income13%115$25,967$2,986,223
Foreign Income7%65$1,022$66,458
Government payments4%35$5,612$196,421
Government pensions4%35$7,357$257,510
Total Income or Loss99%875$80,335$70,293,265
Deducations
Charitable Gifts43%375$1,548$580,551
Cost of Tax Affairs53%470$2,167$1,018,633
Work Car expenses26%225$3,043$684,574
Work Travel expenses11%100$1,897$189,701
Self Education expenses3%30$2,122$63,675
Total Deductions80%705$5,905$4,162,951
Taxation
Taxable Income99%870$75,947$66,073,810
Medicare Levy 72%630$1,490$938,666
Medicare Surcharge 2%15$1,379$20,689
Gross Tax 79%695$25,403$17,655,398
Net Tax 74%650$27,771$18,051,081
Average Tax 100%880 $20,513$18,051,081
Gross Tax Rate 79%695 33%$17,655,398
Net Tax Rate 74%650 37%$18,051,081
Average Tax Rate 100%880 27%$18,051,081
%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 $75,947. It is estimated that the average taxable income for people who paid a net amount of tax was $97590.

The average net tax paid was $27,771. This equates to an average tax of 37 cents in the dollar on taxable income.

The Medicare levy was paid by 630 people for an average of $1,490. 15 people paid $1,379 on average more for the Medicare surcharge.

595 people earned a salary or wage and took home an average of $66,699 each.

Government allowance and payments were collected by 35 people for on average $5,612. 35 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,548 were made by 375 people.

The costs of tax affairs for 470 people were claimed for $2,167 each.