TaxStats for postcode 3448 FY2013

Postcode 3448 includes Elphinstone, Metcalfe, Metcalfe, Sutton Grange in Victoria, and is in the federal electorate of Bendigo.

In FY 2013 the ATO recorded 485 individuals in postcode 3448. Of these people, 480 made a taxable income or loss. 340 of the population paid a gross amount of tax. After tax offsets, 295 people actually paid a net amount of tax. There were 185 non-taxable people who paid net tax of $0.

Compare TaxStats of 3448 with VIC

3448 TaxStats FY2013%Ppl#Ppl3448
Avg
3448
Total
Total Individuals100%485
Income
Salary or Wage 70%340$45,358$15,421,675
Gross Interest60%290$1,993$577,974
Unfranked Dividends12%60$328$19,670
Franked Dividends28%135$6,549$884,177
Dividend Franking Credit27%130$2,915$378,893
Capital Gains7%35$14,221$497,751
Termination Payouts1%5$25,855$129,277
Tips/Directors Fees etc16%80$2,928$234,263
Business Income14%70$8,224$575,706
Foreign Income6%30$354$10,605
Government payments7%35$5,032$176,116
Government pensions6%30$8,148$244,443
Total Income or Loss100%485$44,604$21,633,126
Deducations
Charitable Gifts39%190$289$54,900
Cost of Tax Affairs47%230$443$101,785
Work Car expenses22%105$2,692$282,685
Work Travel expenses8%40$1,168$46,739
Self Education expenses3%15$1,611$24,162
Total Deductions73%355$3,104$1,101,958
Taxation
Taxable Income99%480$42,616$20,455,477
Medicare Levy 59%285$925$263,639
Medicare Surcharge 1%5$1,419$7,096
Gross Tax 70%340$11,293$3,839,638
Net Tax 61%295$13,009$3,837,661
Average Tax 100%485 $7,913$3,837,661
Gross Tax Rate 70%340 26%$3,839,638
Net Tax Rate 61%295 31%$3,837,661
Average Tax Rate 100%485 19%$3,837,661
%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 $42,616. It is estimated that the average taxable income for people who paid a net amount of tax was $61815.

The average net tax paid was $13,009. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 285 people for an average of $925. 5 people paid $1,419 on average more for the Medicare surcharge.

340 people earned a salary or wage and took home an average of $45,358 each.

Government allowance and payments were collected by 35 people for on average $5,032. 30 people received the pension or other allowance.

Charitable gifts and donations of an average of $289 were made by 190 people.

The costs of tax affairs for 230 people were claimed for $443 each.