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 | #Ppl | 3490 Avg | 3490 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 730 | ||
| Income | ||||
| Salary or Wage | 64% | 465 | $41,029 | $19,078,459 |
| Gross Interest | 67% | 490 | $2,780 | $1,362,013 |
| Unfranked Dividends | 25% | 180 | $378 | $67,950 |
| Franked Dividends | 36% | 260 | $3,461 | $899,960 |
| Dividend Franking Credit | 36% | 260 | $1,483 | $385,686 |
| Capital Gains | 13% | 95 | $9,967 | $946,891 |
| Termination Payouts | 1% | 5 | $2,160 | $10,801 |
| Tips/Directors Fees etc | 25% | 180 | $1,477 | $265,800 |
| Business Income | 10% | 70 | $5,838 | $408,694 |
| Foreign Income | 10% | 70 | $217 | $15,191 |
| Government payments | 8% | 55 | $5,465 | $300,580 |
| Government pensions | 8% | 60 | $9,565 | $573,914 |
| Total Income or Loss | 99% | 725 | $40,145 | $29,104,890 |
| Deducations | ||||
| Charitable Gifts | 29% | 215 | $167 | $35,987 |
| Cost of Tax Affairs | 42% | 305 | $268 | $81,719 |
| Work Car expenses | 21% | 155 | $2,426 | $376,095 |
| Work Travel expenses | 5% | 35 | $2,381 | $83,351 |
| Self Education expenses | 3% | 20 | $1,858 | $37,162 |
| Total Deductions | 73% | 535 | $2,821 | $1,509,313 |
| Taxation | ||||
| Taxable Income | 97% | 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.