TaxStats for postcode 3498 FY2013

Postcode 3498 includes Irymple, Irymple in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 2,430 individuals in postcode 3498. Of these people, 2,395 made a taxable income or loss. 1,875 of the population paid a gross amount of tax. After tax offsets, 1,685 people actually paid a net amount of tax. There were 710 non-taxable people who paid net tax of $0.

Compare TaxStats of 3498 with VIC

3498 TaxStats FY2013%Ppl#Ppl3498
Total Individuals100%2,430
Salary or Wage 77%1,870$43,608$81,547,844
Gross Interest53%1,290$1,799$2,320,897
Unfranked Dividends12%295$374$110,348
Franked Dividends24%590$5,596$3,301,709
Dividend Franking Credit24%590$2,397$1,414,352
Capital Gains5%110$6,814$749,546
Termination Payouts1%25$7,321$183,027
Tips/Directors Fees etc18%430$1,747$751,054
Business Income7%175$14,203$2,485,531
Foreign Income5%110$1,103$121,317
Government payments9%225$5,372$1,208,688
Government pensions7%165$10,270$1,694,526
Total Income or Loss100%2,420$45,719$110,638,796
Charitable Gifts33%790$164$129,837
Cost of Tax Affairs48%1,175$239$280,642
Work Car expenses26%635$2,265$1,438,344
Work Travel expenses8%205$3,056$626,554
Self Education expenses3%80$1,729$138,330
Total Deductions78%1,895$2,779$5,265,939
Taxable Income99%2,395$43,696$104,650,861
Medicare Levy 66%1,615$861$1,389,861
Medicare Surcharge 1%15$1,617$24,253
Gross Tax 77%1,875$9,981$18,714,599
Net Tax 69%1,685$11,270$18,990,211
Average Tax 100%2,430 $7,815$18,990,211
Gross Tax Rate 77%1,875 23%$18,714,599
Net Tax Rate 69%1,685 26%$18,990,211
Average Tax Rate 100%2,430 18%$18,990,211
%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 $43,696. It is estimated that the average taxable income for people who paid a net amount of tax was $57051.

The average net tax paid was $11,270. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,615 people for an average of $861. 15 people paid $1,617 on average more for the Medicare surcharge.

1,870 people earned a salary or wage and took home an average of $43,608 each.

Government allowance and payments were collected by 225 people for on average $5,372. 165 people received the pension or other allowance.

Charitable gifts and donations of an average of $164 were made by 790 people.

The costs of tax affairs for 1,175 people were claimed for $239 each.