TaxStats for postcode 3485 FY2013

Postcode 3485 includes Banyan, Watchupga, Willangie, Woomelang in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 165 individuals in postcode 3485. Of these people, 165 made a taxable income or loss. 130 of the population paid a gross amount of tax. After tax offsets, 110 people actually paid a net amount of tax. There were 55 non-taxable people who paid net tax of $0.

Compare TaxStats of 3485 with VIC

3485 TaxStats FY2013%Ppl#Ppl3485
Total Individuals100%165
Salary or Wage 64%105$35,138$3,689,517
Gross Interest61%100$3,183$318,261
Unfranked Dividends24%40$372$14,879
Franked Dividends42%70$3,311$231,766
Dividend Franking Credit42%70$1,419$99,305
Capital Gains12%20$4,061$81,214
Termination Payouts3%5$2,951$14,757
Tips/Directors Fees etc24%40$2,043$81,716
Business Income9%15$14,208$213,124
Foreign Income15%25$149$3,721
Government payments6%10$7,341$73,414
Government pensions6%10$14,866$148,657
Total Income or Loss100%165$44,766$7,386,427
Charitable Gifts30%50$266$13,287
Cost of Tax Affairs36%60$278$16,684
Work Car expenses21%35$2,503$87,594
Work Travel expenses9%15$2,563$38,444
Self Education expenses3%5$1,657$8,284
Total Deductions73%120$3,076$369,124
Taxable Income100%165$42,247$6,970,785
Medicare Levy 64%105$869$91,290
Medicare Surcharge %0$$0
Gross Tax 79%130$9,297$1,208,652
Net Tax 67%110$9,371$1,030,764
Average Tax 100%165 $6,247$1,030,764
Gross Tax Rate 79%130 22%$1,208,652
Net Tax Rate 67%110 22%$1,030,764
Average Tax Rate 100%165 15%$1,030,764
%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 $42,247. It is estimated that the average taxable income for people who paid a net amount of tax was $57371.

The average net tax paid was $9,371. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 105 people for an average of $869.

105 people earned a salary or wage and took home an average of $35,138 each.

Government allowance and payments were collected by 10 people for on average $7,341. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $266 were made by 50 people.

The costs of tax affairs for 60 people were claimed for $278 each.