TaxStats for postcode 3487 FY2013

Postcode 3487 includes Lascelles in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 55 individuals in postcode 3487. Of these people, 55 made a taxable income or loss. 40 of the population paid a gross amount of tax. After tax offsets, 40 people actually paid a net amount of tax. There were 15 non-taxable people who paid net tax of $0.

Compare TaxStats of 3487 with VIC

3487 TaxStats FY2013%Ppl#Ppl3487
Avg
3487
Total
Total Individuals100%55
Income
Salary or Wage 45%25$38,510$962,755
Gross Interest64%35$4,089$143,117
Unfranked Dividends27%15$355$5,328
Franked Dividends45%25$1,623$40,566
Dividend Franking Credit45%25$695$17,386
Capital Gains9%5$17,260$86,300
Termination Payouts%0$$0
Tips/Directors Fees etc18%10$2,363$23,632
Business Income9%5$-782$-3,911
Foreign Income9%5$119$593
Government payments9%5$1,077$5,385
Government pensions9%5$8,141$40,705
Total Income or Loss100%55$45,754$2,516,477
Deducations
Charitable Gifts9%5$76$382
Cost of Tax Affairs27%15$188$2,827
Work Car expenses9%5$2,107$10,534
Work Travel expenses9%5$690$3,451
Self Education expenses9%5$46$230
Total Deductions55%30$2,472$74,166
Taxation
Taxable Income100%55$44,334$2,438,356
Medicare Levy 73%40$862$34,470
Medicare Surcharge 9%5$187$935
Gross Tax 73%40$11,125$445,008
Net Tax 73%40$10,195$407,818
Average Tax 100%55 $7,415$407,818
Gross Tax Rate 73%40 25%$445,008
Net Tax Rate 73%40 23%$407,818
Average Tax Rate 100%55 17%$407,818
%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 $44,334. It is estimated that the average taxable income for people who paid a net amount of tax was $56459.

The average net tax paid was $10,195. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 40 people for an average of $862. 5 people paid $187 on average more for the Medicare surcharge.

25 people earned a salary or wage and took home an average of $38,510 each.

Government allowance and payments were collected by 5 people for on average $1,077. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $76 were made by 5 people.

The costs of tax affairs for 15 people were claimed for $188 each.