TaxStats for postcode 3537 FY2013

Postcode 3537 includes Barraport, Barraport West, Boort, Canary Island, Catumnal, Gredgwin, Leaghur, Minmindie, Yando in Victoria, and is in the federal electorate of Murray.

In FY 2013 the ATO recorded 620 individuals in postcode 3537. Of these people, 605 made a taxable income or loss. 460 of the population paid a gross amount of tax. After tax offsets, 405 people actually paid a net amount of tax. There were 200 non-taxable people who paid net tax of $0.

Compare TaxStats of 3537 with VIC

3537 TaxStats FY2013%Ppl#Ppl3537
Avg
3537
Total
Total Individuals100%620
Income
Salary or Wage 66%410$36,369$14,911,086
Gross Interest69%425$3,006$1,277,696
Unfranked Dividends20%125$562$70,221
Franked Dividends37%230$4,188$963,178
Dividend Franking Credit37%230$1,796$413,023
Capital Gains10%65$4,157$270,233
Termination Payouts1%5$4,737$23,685
Tips/Directors Fees etc20%125$1,245$155,621
Business Income9%55$20,139$1,107,641
Foreign Income10%60$573$34,373
Government payments6%40$6,499$259,946
Government pensions9%55$9,145$502,969
Total Income or Loss99%615$41,567$25,563,967
Deducations
Charitable Gifts28%175$305$53,293
Cost of Tax Affairs36%225$273$61,320
Work Car expenses18%110$2,096$230,578
Work Travel expenses5%30$1,363$40,879
Self Education expenses2%15$1,559$23,384
Total Deductions69%430$2,770$1,190,967
Taxation
Taxable Income98%605$39,815$24,087,975
Medicare Levy 63%390$808$315,173
Medicare Surcharge 2%10$1,236$12,359
Gross Tax 74%460$8,666$3,986,441
Net Tax 65%405$9,232$3,738,798
Average Tax 100%620 $6,030$3,738,798
Gross Tax Rate 74%460 22%$3,986,441
Net Tax Rate 65%405 23%$3,738,798
Average Tax Rate 100%620 15%$3,738,798
%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 $39,815. It is estimated that the average taxable income for people who paid a net amount of tax was $53551.

The average net tax paid was $9,232. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 390 people for an average of $808. 10 people paid $1,236 on average more for the Medicare surcharge.

410 people earned a salary or wage and took home an average of $36,369 each.

Government allowance and payments were collected by 40 people for on average $6,499. 55 people received the pension or other allowance.

Charitable gifts and donations of an average of $305 were made by 175 people.

The costs of tax affairs for 225 people were claimed for $273 each.