TaxStats for postcode 3491 FY2013

Postcode 3491 includes Patchewollock in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 80 individuals in postcode 3491. Of these people, 75 made a taxable income or loss. 60 of the population paid a gross amount of tax. After tax offsets, 55 people actually paid a net amount of tax. There were 20 non-taxable people who paid net tax of $0.

Compare TaxStats of 3491 with VIC

3491 TaxStats FY2013%Ppl#Ppl3491
Avg
3491
Total
Total Individuals100%80
Income
Salary or Wage 50%40$27,666$1,106,646
Gross Interest75%60$4,172$250,322
Unfranked Dividends31%25$256$6,406
Franked Dividends38%30$5,912$177,346
Dividend Franking Credit38%30$2,533$75,987
Capital Gains25%20$22,417$448,335
Termination Payouts%0$$0
Tips/Directors Fees etc19%15$2,776$41,644
Business Income6%5$4,853$24,264
Foreign Income19%15$89$1,334
Government payments6%5$3,489$17,444
Government pensions6%5$8,639$43,195
Total Income or Loss100%80$39,650$3,171,983
Deducations
Charitable Gifts19%15$147$2,207
Cost of Tax Affairs38%30$165$4,946
Work Car expenses12%10$3,860$38,596
Work Travel expenses6%5$679$3,397
Self Education expenses6%5$40$200
Total Deductions56%45$2,553$114,902
Taxation
Taxable Income94%75$38,315$2,873,661
Medicare Levy 62%50$725$36,247
Medicare Surcharge %0$$0
Gross Tax 75%60$8,089$485,312
Net Tax 69%55$8,306$456,834
Average Tax 100%80 $5,710$456,834
Gross Tax Rate 75%60 21%$485,312
Net Tax Rate 69%55 22%$456,834
Average Tax Rate 100%80 15%$456,834
%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 $38,315. It is estimated that the average taxable income for people who paid a net amount of tax was $47885.

The average net tax paid was $8,306. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 50 people for an average of $725.

40 people earned a salary or wage and took home an average of $27,666 each.

Government allowance and payments were collected by 5 people for on average $3,489. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $147 were made by 15 people.

The costs of tax affairs for 30 people were claimed for $165 each.