TaxStats for postcode 3557 FY2013

Postcode 3557 includes Barnadown, Fosterville, Goornong, Muskerry, Muskerry East in Victoria, and is in the federal electorate of Bendigo.

In FY 2013 the ATO recorded 390 individuals in postcode 3557. Of these people, 380 made a taxable income or loss. 295 of the population paid a gross amount of tax. After tax offsets, 260 people actually paid a net amount of tax. There were 120 non-taxable people who paid net tax of $0.

Compare TaxStats of 3557 with VIC

3557 TaxStats FY2013%Ppl#Ppl3557
Total Individuals100%390
Salary or Wage 74%290$42,173$12,230,031
Gross Interest53%205$1,691$346,660
Unfranked Dividends14%55$328$18,050
Franked Dividends29%115$2,871$330,119
Dividend Franking Credit29%115$1,227$141,134
Capital Gains4%15$1,957$29,357
Termination Payouts1%5$8,299$41,493
Tips/Directors Fees etc18%70$1,563$109,427
Business Income14%55$7,957$437,647
Foreign Income3%10$36$355
Government payments5%20$5,751$115,011
Government pensions6%25$9,084$227,089
Total Income or Loss99%385$40,804$15,709,484
Charitable Gifts35%135$212$28,674
Cost of Tax Affairs46%180$198$35,648
Work Car expenses27%105$2,125$223,127
Work Travel expenses9%35$2,495$87,320
Self Education expenses3%10$967$9,672
Total Deductions81%315$2,713$854,593
Taxable Income97%380$38,960$14,804,864
Medicare Levy 63%245$810$198,442
Medicare Surcharge 1%5$390$1,950
Gross Tax 76%295$8,452$2,493,367
Net Tax 67%260$9,703$2,522,791
Average Tax 100%390 $6,469$2,522,791
Gross Tax Rate 76%295 22%$2,493,367
Net Tax Rate 67%260 25%$2,522,791
Average Tax Rate 100%390 17%$2,522,791
%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 $38,960. It is estimated that the average taxable income for people who paid a net amount of tax was $51403.

The average net tax paid was $9,703. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 245 people for an average of $810. 5 people paid $390 on average more for the Medicare surcharge.

290 people earned a salary or wage and took home an average of $42,173 each.

Government allowance and payments were collected by 20 people for on average $5,751. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $212 were made by 135 people.

The costs of tax affairs for 180 people were claimed for $198 each.