TaxStats for postcode 3469 FY2013

Postcode 3469 includes Elmhurst, Glenlofty, Glenlogie, Glenpatrick, Nowhere Creek in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 150 individuals in postcode 3469. Of these people, 145 made a taxable income or loss. 100 of the population paid a gross amount of tax. After tax offsets, 85 people actually paid a net amount of tax. There were 60 non-taxable people who paid net tax of $0.

Compare TaxStats of 3469 with VIC

3469 TaxStats FY2013%Ppl#Ppl3469
Avg
3469
Total
Total Individuals100%150
Income
Salary or Wage 63%95$41,008$3,895,768
Gross Interest60%90$1,379$124,144
Unfranked Dividends23%35$368$12,867
Franked Dividends33%50$2,547$127,363
Dividend Franking Credit33%50$1,091$54,544
Capital Gains3%5$888$4,440
Termination Payouts3%5$8,381$41,907
Tips/Directors Fees etc17%25$2,332$58,300
Business Income13%20$-2,459$-49,180
Foreign Income3%5$103$515
Government payments13%20$6,667$133,345
Government pensions13%20$8,847$176,945
Total Income or Loss97%145$33,648$4,878,981
Deducations
Charitable Gifts33%50$171$8,539
Cost of Tax Affairs37%55$258$14,189
Work Car expenses20%30$3,302$99,064
Work Travel expenses7%10$2,928$29,278
Self Education expenses3%5$911$4,557
Total Deductions67%100$2,550$255,017
Taxation
Taxable Income97%145$31,878$4,622,349
Medicare Levy 57%85$697$59,207
Medicare Surcharge 3%5$278$1,391
Gross Tax 67%100$7,258$725,806
Net Tax 57%85$8,199$696,915
Average Tax 100%150 $4,646$696,915
Gross Tax Rate 67%100 23%$725,806
Net Tax Rate 57%85 26%$696,915
Average Tax Rate 100%150 15%$696,915
%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 $31,878. It is estimated that the average taxable income for people who paid a net amount of tax was $45910.

The average net tax paid was $8,199. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 85 people for an average of $697. 5 people paid $278 on average more for the Medicare surcharge.

95 people earned a salary or wage and took home an average of $41,008 each.

Government allowance and payments were collected by 20 people for on average $6,667. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $171 were made by 50 people.

The costs of tax affairs for 55 people were claimed for $258 each.