TaxStats for postcode 3465 FY2013

Postcode 3465 includes Adelaide Lead, Alma, Bowenvale, Bung Bong, Cotswold, Craigie, Daisy Hill, Flagstaff, Golden Point, Havelock, Homebush, Majorca, Maryborough, Moolort, Moonlight Flat, Natte Yallock, Rathscar, Rathscar West, Rodborough, Simson, Timor, Timor West, Wareek in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 4,365 individuals in postcode 3465. Of these people, 4,340 made a taxable income or loss. 3,315 of the population paid a gross amount of tax. After tax offsets, 2,890 people actually paid a net amount of tax. There were 1,450 non-taxable people who paid net tax of $0.

Compare TaxStats of 3465 with VIC

3465 TaxStats FY2013%Ppl#Ppl3465
Total Individuals100%4,365
Salary or Wage 75%3,280$38,794$127,245,806
Gross Interest56%2,430$1,858$4,515,360
Unfranked Dividends12%510$351$178,962
Franked Dividends23%1,020$4,160$4,243,078
Dividend Franking Credit23%1,015$1,791$1,818,033
Capital Gains4%170$9,211$1,565,922
Termination Payouts1%60$3,910$234,626
Tips/Directors Fees etc21%900$1,592$1,432,788
Business Income9%375$14,180$5,317,330
Foreign Income4%180$83$14,935
Government payments12%530$5,286$2,801,727
Government pensions10%425$9,659$4,104,899
Total Income or Loss100%4,350$38,882$169,137,610
Charitable Gifts41%1,800$191$343,670
Cost of Tax Affairs52%2,255$242$546,745
Work Car expenses23%1,000$2,060$2,059,971
Work Travel expenses7%285$2,333$665,010
Self Education expenses3%135$1,517$204,858
Total Deductions81%3,545$2,103$7,456,453
Taxable Income99%4,340$37,086$160,954,222
Medicare Levy 62%2,705$734$1,986,535
Medicare Surcharge 1%35$1,162$40,675
Gross Tax 76%3,315$7,243$24,010,834
Net Tax 66%2,890$8,280$23,927,803
Average Tax 100%4,365 $5,482$23,927,803
Gross Tax Rate 76%3,315 20%$24,010,834
Net Tax Rate 66%2,890 22%$23,927,803
Average Tax Rate 100%4,365 15%$23,927,803
%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 $37,086. It is estimated that the average taxable income for people who paid a net amount of tax was $49673.

The average net tax paid was $8,280. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 2,705 people for an average of $734. 35 people paid $1,162 on average more for the Medicare surcharge.

3,280 people earned a salary or wage and took home an average of $38,794 each.

Government allowance and payments were collected by 530 people for on average $5,286. 425 people received the pension or other allowance.

Charitable gifts and donations of an average of $191 were made by 1,800 people.

The costs of tax affairs for 2,255 people were claimed for $242 each.