TaxStats for postcode 3530 FY2013

Postcode 3530 includes Culgoa, Sutton, Wangie, Warne in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 75 individuals in postcode 3530. Of these people, 75 made a taxable income or loss. 55 of the population paid a gross amount of tax. After tax offsets, 50 people actually paid a net amount of tax. There were 25 non-taxable people who paid net tax of $0.

Compare TaxStats of 3530 with VIC

3530 TaxStats FY2013%Ppl#Ppl3530
Avg
3530
Total
Total Individuals100%75
Income
Salary or Wage 60%45$34,447$1,550,128
Gross Interest73%55$2,664$146,547
Unfranked Dividends27%20$196$3,921
Franked Dividends40%30$1,526$45,780
Dividend Franking Credit40%30$653$19,601
Capital Gains20%15$2,531$37,966
Termination Payouts%0$$0
Tips/Directors Fees etc20%15$1,800$27,007
Business Income13%10$32,750$327,495
Foreign Income20%15$65$978
Government payments13%10$4,280$42,800
Government pensions7%5$5,700$28,500
Total Income or Loss100%75$49,583$3,718,747
Deducations
Charitable Gifts13%10$299$2,986
Cost of Tax Affairs33%25$349$8,720
Work Car expenses13%10$1,548$15,479
Work Travel expenses7%5$4,498$22,491
Self Education expenses7%5$181$904
Total Deductions73%55$5,010$275,546
Taxation
Taxable Income100%75$45,841$3,438,093
Medicare Levy 60%45$1,005$45,227
Medicare Surcharge %0$$0
Gross Tax 73%55$11,520$633,592
Net Tax 67%50$10,706$535,323
Average Tax 100%75 $7,138$535,323
Gross Tax Rate 73%55 25%$633,592
Net Tax Rate 67%50 23%$535,323
Average Tax Rate 100%75 16%$535,323
%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 $45,841. It is estimated that the average taxable income for people who paid a net amount of tax was $62762.

The average net tax paid was $10,706. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 45 people for an average of $1,005.

45 people earned a salary or wage and took home an average of $34,447 each.

Government allowance and payments were collected by 10 people for on average $4,280. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $299 were made by 10 people.

The costs of tax affairs for 25 people were claimed for $349 each.