TaxStats for postcode 3585 FY2013

Postcode 3585 includes Castle Donnington, Chillingollah, Fish Point, Goschen, Kunat, Meatian, Nowie, Nyrraby, Pira, Polisbet, Speewa, Speewa, Speewa, Swan Hill, Swan Hill West, Winlaton in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 6,855 individuals in postcode 3585. Of these people, 6,785 made a taxable income or loss. 5,475 of the population paid a gross amount of tax. After tax offsets, 4,900 people actually paid a net amount of tax. There were 1,885 non-taxable people who paid net tax of $0.

Compare TaxStats of 3585 with VIC

3585 TaxStats FY2013%Ppl#Ppl3585
Avg
3585
Total
Total Individuals100%6,855
Income
Salary or Wage 77%5,280$40,736$215,088,686
Gross Interest54%3,715$2,391$8,883,238
Unfranked Dividends15%1,040$368$382,681
Franked Dividends27%1,820$5,195$9,455,026
Dividend Franking Credit26%1,815$2,232$4,051,952
Capital Gains6%395$11,654$4,603,462
Termination Payouts1%40$5,507$220,273
Tips/Directors Fees etc20%1,340$2,135$2,861,253
Business Income7%505$18,764$9,476,010
Foreign Income6%435$190$82,697
Government payments7%505$5,447$2,750,888
Government pensions7%460$9,880$4,544,962
Total Income or Loss100%6,825$46,587$317,957,069
Deducations
Charitable Gifts24%1,615$323$521,687
Cost of Tax Affairs45%3,095$251$777,198
Work Car expenses24%1,665$2,188$3,642,799
Work Travel expenses8%520$2,079$1,081,001
Self Education expenses5%325$2,025$658,244
Total Deductions80%5,475$2,971$16,268,948
Taxation
Taxable Income99%6,785$44,287$300,487,815
Medicare Levy 68%4,670$842$3,934,191
Medicare Surcharge 1%75$1,447$108,555
Gross Tax 80%5,475$9,671$52,947,581
Net Tax 71%4,900$10,860$53,214,024
Average Tax 100%6,855 $7,763$53,214,024
Gross Tax Rate 80%5,475 22%$52,947,581
Net Tax Rate 71%4,900 25%$53,214,024
Average Tax Rate 100%6,855 18%$53,214,024
%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 $44,287. It is estimated that the average taxable income for people who paid a net amount of tax was $56708.

The average net tax paid was $10,860. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 4,670 people for an average of $842. 75 people paid $1,447 on average more for the Medicare surcharge.

5,280 people earned a salary or wage and took home an average of $40,736 each.

Government allowance and payments were collected by 505 people for on average $5,447. 460 people received the pension or other allowance.

Charitable gifts and donations of an average of $323 were made by 1,615 people.

The costs of tax affairs for 3,095 people were claimed for $251 each.