TaxStats for postcode 3595 FY2013

Postcode 3595 includes Nyah West in Victoria, and is in the federal electorate of Mallee.

In FY 2013 the ATO recorded 305 individuals in postcode 3595. Of these people, 300 made a taxable income or loss. 220 of the population paid a gross amount of tax. After tax offsets, 195 people actually paid a net amount of tax. There were 105 non-taxable people who paid net tax of $0.

Compare TaxStats of 3595 with VIC

3595 TaxStats FY2013%Ppl#Ppl3595
Avg
3595
Total
Total Individuals100%305
Income
Salary or Wage 75%230$34,358$7,902,342
Gross Interest43%130$1,451$188,667
Unfranked Dividends13%40$369$14,777
Franked Dividends20%60$2,630$157,790
Dividend Franking Credit20%60$1,127$67,623
Capital Gains5%15$5,459$81,892
Termination Payouts2%5$4,832$24,161
Tips/Directors Fees etc20%60$2,812$168,737
Business Income8%25$26,734$668,350
Foreign Income3%10$112$1,116
Government payments13%40$4,763$190,506
Government pensions10%30$11,288$338,655
Total Income or Loss98%300$36,478$10,943,378
Deducations
Charitable Gifts20%60$175$10,513
Cost of Tax Affairs39%120$227$27,230
Work Car expenses21%65$2,522$163,937
Work Travel expenses7%20$6,926$138,518
Self Education expenses2%5$561$2,804
Total Deductions75%230$2,985$686,589
Taxation
Taxable Income98%300$34,111$10,233,210
Medicare Levy 59%180$695$125,142
Medicare Surcharge %0$$0
Gross Tax 72%220$6,396$1,407,176
Net Tax 64%195$6,974$1,360,009
Average Tax 100%305 $4,459$1,360,009
Gross Tax Rate 72%220 19%$1,407,176
Net Tax Rate 64%195 20%$1,360,009
Average Tax Rate 100%305 13%$1,360,009
%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 $34,111. It is estimated that the average taxable income for people who paid a net amount of tax was $46016.

The average net tax paid was $6,974. This equates to an average tax of 20 cents in the dollar on taxable income.

The Medicare levy was paid by 180 people for an average of $695.

230 people earned a salary or wage and took home an average of $34,358 each.

Government allowance and payments were collected by 40 people for on average $4,763. 30 people received the pension or other allowance.

Charitable gifts and donations of an average of $175 were made by 60 people.

The costs of tax affairs for 120 people were claimed for $227 each.