TaxStats for postcode 3564 FY2013

Postcode 3564 includes Bamawm Extension, Bamawm Extension, Campaspe West, Echuca, Echuca East, Echuca South, Echuca Village, Echuca West, Kanyapella, Mcevoys, Patho, Patho West, Roslynmead, Simmie, Wharparilla in Victoria, and is in the federal electorate of Murray.

In FY 2013 the ATO recorded 9,100 individuals in postcode 3564. Of these people, 9,025 made a taxable income or loss. 7,165 of the population paid a gross amount of tax. After tax offsets, 6,430 people actually paid a net amount of tax. There were 2,595 non-taxable people who paid net tax of $0.

Compare TaxStats of 3564 with VIC

3564 TaxStats FY2013%Ppl#Ppl3564
Avg
3564
Total
Total Individuals100%9,100
Income
Salary or Wage 78%7,085$43,575$308,730,705
Gross Interest53%4,855$1,696$8,236,286
Unfranked Dividends12%1,095$652$713,947
Franked Dividends24%2,210$5,868$12,968,778
Dividend Franking Credit24%2,210$2,516$5,559,267
Capital Gains4%365$6,556$2,393,032
Termination Payouts1%110$6,030$663,332
Tips/Directors Fees etc26%2,335$1,914$4,469,616
Business Income9%780$15,137$11,807,083
Foreign Income5%490$383$187,622
Government payments8%750$5,113$3,834,393
Government pensions7%660$9,642$6,364,037
Total Income or Loss100%9,070$45,403$411,801,518
Deducations
Charitable Gifts30%2,755$252$694,071
Cost of Tax Affairs52%4,770$267$1,272,411
Work Car expenses27%2,435$2,249$5,477,187
Work Travel expenses8%760$2,358$1,791,852
Self Education expenses5%415$1,750$726,156
Total Deductions81%7,410$2,806$20,793,258
Taxation
Taxable Income99%9,025$43,133$389,279,765
Medicare Levy 68%6,190$830$5,139,998
Medicare Surcharge 1%100$1,192$119,182
Gross Tax 79%7,165$9,391$67,289,060
Net Tax 71%6,430$10,620$68,286,728
Average Tax 100%9,100 $7,504$68,286,728
Gross Tax Rate 79%7,165 22%$67,289,060
Net Tax Rate 71%6,430 25%$68,286,728
Average Tax Rate 100%9,100 17%$68,286,728
%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 $43,133. It is estimated that the average taxable income for people who paid a net amount of tax was $55698.

The average net tax paid was $10,620. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 6,190 people for an average of $830. 100 people paid $1,192 on average more for the Medicare surcharge.

7,085 people earned a salary or wage and took home an average of $43,575 each.

Government allowance and payments were collected by 750 people for on average $5,113. 660 people received the pension or other allowance.

Charitable gifts and donations of an average of $252 were made by 2,755 people.

The costs of tax affairs for 4,770 people were claimed for $267 each.