TaxStats for postcode 3478 FY2013

Postcode 3478 includes Darkbonee, Dooboobetic, Elberton, Medlyn, Mitchells Hill, Moonambel, Percydale, St Arnaud, Tanwood, Warrenmang, Yawong Hills in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 1,450 individuals in postcode 3478. Of these people, 1,440 made a taxable income or loss. 1,055 of the population paid a gross amount of tax. After tax offsets, 915 people actually paid a net amount of tax. There were 525 non-taxable people who paid net tax of $0.

Compare TaxStats of 3478 with VIC

3478 TaxStats FY2013%Ppl#Ppl3478
Avg
3478
Total
Total Individuals100%1,450
Income
Salary or Wage 70%1,020$37,147$37,890,418
Gross Interest59%850$1,847$1,570,036
Unfranked Dividends16%230$253$58,129
Franked Dividends29%420$3,832$1,609,264
Dividend Franking Credit29%420$1,633$685,679
Capital Gains4%60$3,739$224,358
Termination Payouts1%10$8,016$80,159
Tips/Directors Fees etc21%305$2,522$769,194
Business Income9%135$12,609$1,702,214
Foreign Income6%80$288$23,071
Government payments9%125$5,761$720,169
Government pensions9%135$10,080$1,360,749
Total Income or Loss100%1,450$37,686$54,644,054
Deducations
Charitable Gifts34%500$151$75,309
Cost of Tax Affairs48%700$286$200,224
Work Car expenses23%335$2,077$695,823
Work Travel expenses8%110$3,906$429,681
Self Education expenses3%40$1,749$69,946
Total Deductions77%1,120$2,501$2,800,596
Taxation
Taxable Income99%1,440$35,809$51,565,252
Medicare Levy 59%860$739$635,522
Medicare Surcharge 0%5$998$4,991
Gross Tax 73%1,055$7,303$7,704,308
Net Tax 63%915$8,318$7,611,231
Average Tax 100%1,450 $5,249$7,611,231
Gross Tax Rate 73%1,055 20%$7,704,308
Net Tax Rate 63%915 23%$7,611,231
Average Tax Rate 100%1,450 15%$7,611,231
%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 $35,809. It is estimated that the average taxable income for people who paid a net amount of tax was $49470.

The average net tax paid was $8,318. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 860 people for an average of $739. 5 people paid $998 on average more for the Medicare surcharge.

1,020 people earned a salary or wage and took home an average of $37,147 each.

Government allowance and payments were collected by 125 people for on average $5,761. 135 people received the pension or other allowance.

Charitable gifts and donations of an average of $151 were made by 500 people.

The costs of tax affairs for 700 people were claimed for $286 each.