TaxStats for postcode 3562 FY2013

Postcode 3562 includes Torrumbarry, Torrumbarry in Victoria, and is in the federal electorate of Murray.

In FY 2013 the ATO recorded 155 individuals in postcode 3562. Of these people, 155 made a taxable income or loss. 110 of the population paid a gross amount of tax. After tax offsets, 105 people actually paid a net amount of tax. There were 50 non-taxable people who paid net tax of $0.

Compare TaxStats of 3562 with VIC

3562 TaxStats FY2013%Ppl#Ppl3562
Total Individuals100%155
Salary or Wage 71%110$41,290$4,541,928
Gross Interest52%80$945$75,565
Unfranked Dividends13%20$148$2,964
Franked Dividends26%40$7,264$290,579
Dividend Franking Credit26%40$3,113$124,523
Capital Gains3%5$5,055$25,274
Termination Payouts3%5$369$1,844
Tips/Directors Fees etc16%25$1,211$30,264
Business Income13%20$7,092$141,841
Foreign Income3%5$168$840
Government payments6%10$7,369$73,689
Government pensions3%5$16,228$81,141
Total Income or Loss100%155$38,372$5,947,658
Charitable Gifts23%35$308$10,785
Cost of Tax Affairs48%75$291$21,825
Work Car expenses23%35$1,983$69,388
Work Travel expenses6%10$2,015$20,151
Self Education expenses3%5$524$2,622
Total Deductions74%115$1,965$226,030
Taxable Income100%155$36,504$5,658,148
Medicare Levy 65%100$742$74,174
Medicare Surcharge %0$$0
Gross Tax 71%110$7,788$856,719
Net Tax 68%105$8,366$878,383
Average Tax 100%155 $5,667$878,383
Gross Tax Rate 71%110 21%$856,719
Net Tax Rate 68%105 23%$878,383
Average Tax Rate 100%155 16%$878,383
%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 $36,504. It is estimated that the average taxable income for people who paid a net amount of tax was $48173.

The average net tax paid was $8,366. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 100 people for an average of $742.

110 people earned a salary or wage and took home an average of $41,290 each.

Government allowance and payments were collected by 10 people for on average $7,369. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $308 were made by 35 people.

The costs of tax affairs for 75 people were claimed for $291 each.