TaxStats for postcode 3446 FY2013

Postcode 3446 includes Drummond North, Malmsbury, Malmsbury in Victoria, and is in the federal electorate of Ballarat.

In FY 2013 the ATO recorded 515 individuals in postcode 3446. Of these people, 515 made a taxable income or loss. 400 of the population paid a gross amount of tax. After tax offsets, 365 people actually paid a net amount of tax. There were 150 non-taxable people who paid net tax of $0.

Compare TaxStats of 3446 with VIC

3446 TaxStats FY2013%Ppl#Ppl3446
Avg
3446
Total
Total Individuals100%515
Income
Salary or Wage 79%405$44,379$17,973,407
Gross Interest53%275$1,789$492,014
Unfranked Dividends9%45$100$4,486
Franked Dividends21%110$2,293$252,199
Dividend Franking Credit21%110$982$108,067
Capital Gains5%25$19,889$497,237
Termination Payouts2%10$7,151$71,506
Tips/Directors Fees etc21%110$3,281$360,944
Business Income17%85$10,923$928,483
Foreign Income3%15$375$5,620
Government payments9%45$5,382$242,191
Government pensions6%30$9,329$279,870
Total Income or Loss100%515$43,466$22,385,221
Deducations
Charitable Gifts38%195$265$51,710
Cost of Tax Affairs48%245$260$63,740
Work Car expenses25%130$2,053$266,934
Work Travel expenses9%45$1,217$54,758
Self Education expenses5%25$1,263$31,569
Total Deductions80%410$2,018$827,452
Taxation
Taxable Income100%515$41,765$21,509,041
Medicare Levy 67%345$811$279,702
Medicare Surcharge 1%5$1,284$6,422
Gross Tax 78%400$8,978$3,591,088
Net Tax 71%365$10,006$3,652,312
Average Tax 100%515 $7,092$3,652,312
Gross Tax Rate 78%400 21%$3,591,088
Net Tax Rate 71%365 24%$3,652,312
Average Tax Rate 100%515 17%$3,652,312
%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 $41,765. It is estimated that the average taxable income for people who paid a net amount of tax was $53997.

The average net tax paid was $10,006. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 345 people for an average of $811. 5 people paid $1,284 on average more for the Medicare surcharge.

405 people earned a salary or wage and took home an average of $44,379 each.

Government allowance and payments were collected by 45 people for on average $5,382. 30 people received the pension or other allowance.

Charitable gifts and donations of an average of $265 were made by 195 people.

The costs of tax affairs for 245 people were claimed for $260 each.