TaxStats for postcode 3462 FY2013

Postcode 3462 includes Green Gully, Muckleford South, Newstead, Sandon, Welshmans Reef in Victoria, and is in the federal electorate of Bendigo.

In FY 2013 the ATO recorded 620 individuals in postcode 3462. Of these people, 610 made a taxable income or loss. 430 of the population paid a gross amount of tax. After tax offsets, 370 people actually paid a net amount of tax. There were 240 non-taxable people who paid net tax of $0.

Compare TaxStats of 3462 with VIC

3462 TaxStats FY2013%Ppl#Ppl3462
Avg
3462
Total
Total Individuals100%620
Income
Salary or Wage 68%420$40,329$16,938,223
Gross Interest58%360$1,706$613,989
Unfranked Dividends12%75$874$65,537
Franked Dividends24%150$1,997$299,560
Dividend Franking Credit24%150$856$128,396
Capital Gains4%25$8,232$205,812
Termination Payouts2%10$9,390$93,897
Tips/Directors Fees etc19%120$2,489$298,624
Business Income16%100$8,672$867,178
Foreign Income4%25$251$6,286
Government payments11%70$5,347$374,261
Government pensions9%55$10,943$601,847
Total Income or Loss100%620$38,126$23,638,048
Deducations
Charitable Gifts41%255$187$47,806
Cost of Tax Affairs46%285$264$75,378
Work Car expenses24%150$1,854$278,093
Work Travel expenses6%40$1,787$71,487
Self Education expenses3%20$1,329$26,572
Total Deductions74%460$2,171$998,726
Taxation
Taxable Income98%610$36,464$22,242,919
Medicare Levy 56%350$791$276,801
Medicare Surcharge 1%5$1,048$5,240
Gross Tax 69%430$8,205$3,528,196
Net Tax 60%370$9,426$3,487,785
Average Tax 100%620 $5,625$3,487,785
Gross Tax Rate 69%430 23%$3,528,196
Net Tax Rate 60%370 26%$3,487,785
Average Tax Rate 100%620 15%$3,487,785
%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 $36,464. It is estimated that the average taxable income for people who paid a net amount of tax was $52332.

The average net tax paid was $9,426. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 350 people for an average of $791. 5 people paid $1,048 on average more for the Medicare surcharge.

420 people earned a salary or wage and took home an average of $40,329 each.

Government allowance and payments were collected by 70 people for on average $5,347. 55 people received the pension or other allowance.

Charitable gifts and donations of an average of $187 were made by 255 people.

The costs of tax affairs for 285 people were claimed for $264 each.