TaxStats for postcode 3490 FY2013

Postcode 3490 includes Big Desert, Boinka, Kulwin, Mittyack, Murray-Sunset, Ouyen, Torrita, Tutye in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 730 individuals in postcode 3490. Of these people, 705 made a taxable income or loss. 520 of the population paid a gross amount of tax. After tax offsets, 455 people actually paid a net amount of tax. There were 250 non-taxable people who paid net tax of $0.

Compare TaxStats of 3490 with VIC

3490 TaxStats FY2013%Ppl#Ppl3490
Avg
3490
Total
Total Individuals100%730
Income
Salary or Wage 64%465$41,029$19,078,459
Gross Interest67%490$2,780$1,362,013
Unfranked Dividends25%180$378$67,950
Franked Dividends36%260$3,461$899,960
Dividend Franking Credit36%260$1,483$385,686
Capital Gains13%95$9,967$946,891
Termination Payouts1%5$2,160$10,801
Tips/Directors Fees etc25%180$1,477$265,800
Business Income10%70$5,838$408,694
Foreign Income10%70$217$15,191
Government payments8%55$5,465$300,580
Government pensions8%60$9,565$573,914
Total Income or Loss99%725$40,145$29,104,890
Deducations
Charitable Gifts29%215$167$35,987
Cost of Tax Affairs42%305$268$81,719
Work Car expenses21%155$2,426$376,095
Work Travel expenses5%35$2,381$83,351
Self Education expenses3%20$1,858$37,162
Total Deductions73%535$2,821$1,509,313
Taxation
Taxable Income97%705$38,846$27,386,181
Medicare Levy 60%435$883$384,002
Medicare Surcharge 1%10$1,350$13,502
Gross Tax 71%520$10,367$5,390,633
Net Tax 62%455$11,849$5,391,244
Average Tax 100%730 $7,385$5,391,244
Gross Tax Rate 71%520 27%$5,390,633
Net Tax Rate 62%455 31%$5,391,244
Average Tax Rate 100%730 19%$5,391,244
%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 $38,846. It is estimated that the average taxable income for people who paid a net amount of tax was $53596.

The average net tax paid was $11,849. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 435 people for an average of $883. 10 people paid $1,350 on average more for the Medicare surcharge.

465 people earned a salary or wage and took home an average of $41,029 each.

Government allowance and payments were collected by 55 people for on average $5,465. 60 people received the pension or other allowance.

Charitable gifts and donations of an average of $167 were made by 215 people.

The costs of tax affairs for 305 people were claimed for $268 each.