TaxStats for postcode 3559 FY2013

Postcode 3559 includes Avonmore, Burramboot, Colbinabbin, Colbinabbin, Corop, Corop, Gobarup, Mayreef in Victoria, and is in the federal electorate of Bendigo.

In FY 2013 the ATO recorded 300 individuals in postcode 3559. Of these people, 295 made a taxable income or loss. 210 of the population paid a gross amount of tax. After tax offsets, 180 people actually paid a net amount of tax. There were 115 non-taxable people who paid net tax of $0.

Compare TaxStats of 3559 with VIC

3559 TaxStats FY2013%Ppl#Ppl3559
Avg
3559
Total
Total Individuals100%300
Income
Salary or Wage 58%175$38,529$6,742,622
Gross Interest62%185$2,223$411,177
Unfranked Dividends23%70$520$36,365
Franked Dividends33%100$3,832$383,209
Dividend Franking Credit33%100$1,643$164,274
Capital Gains8%25$4,564$114,101
Termination Payouts2%5$430$2,151
Tips/Directors Fees etc18%55$2,322$127,723
Business Income12%35$12,098$423,430
Foreign Income7%20$703$14,061
Government payments10%30$6,235$187,047
Government pensions8%25$9,833$245,815
Total Income or Loss100%300$35,575$10,672,458
Deducations
Charitable Gifts25%75$294$22,085
Cost of Tax Affairs37%110$258$28,359
Work Car expenses20%60$2,317$139,016
Work Travel expenses3%10$1,036$10,362
Self Education expenses3%10$500$5,003
Total Deductions70%210$2,501$525,146
Taxation
Taxable Income98%295$33,173$9,785,963
Medicare Levy 57%170$751$127,588
Medicare Surcharge 2%5$601$3,007
Gross Tax 70%210$7,245$1,521,445
Net Tax 60%180$8,316$1,496,935
Average Tax 100%300 $4,990$1,496,935
Gross Tax Rate 70%210 22%$1,521,445
Net Tax Rate 60%180 25%$1,496,935
Average Tax Rate 100%300 15%$1,496,935
%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 $33,173. It is estimated that the average taxable income for people who paid a net amount of tax was $46700.

The average net tax paid was $8,316. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 170 people for an average of $751. 5 people paid $601 on average more for the Medicare surcharge.

175 people earned a salary or wage and took home an average of $38,529 each.

Government allowance and payments were collected by 30 people for on average $6,235. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $294 were made by 75 people.

The costs of tax affairs for 110 people were claimed for $258 each.