TaxStats for postcode 3607 FY2013

Postcode 3607 includes Tabilk in Victoria, and is in the federal electorate of Murray.

In FY 2013 the ATO recorded 55 individuals in postcode 3607. Of these people, 55 made a taxable income or loss. 40 of the population paid a gross amount of tax. After tax offsets, 35 people actually paid a net amount of tax. There were 20 non-taxable people who paid net tax of $0.

Compare TaxStats of 3607 with VIC

3607 TaxStats FY2013%Ppl#Ppl3607
Avg
3607
Total
Total Individuals100%55
Income
Salary or Wage 73%40$38,030$1,521,208
Gross Interest55%30$6,613$198,392
Unfranked Dividends18%10$683$6,829
Franked Dividends27%15$13,923$208,851
Dividend Franking Credit27%15$5,967$89,502
Capital Gains18%10$564$5,639
Termination Payouts%0$$0
Tips/Directors Fees etc9%5$1,280$6,398
Business Income9%5$-3,069$-15,343
Foreign Income9%5$226$1,128
Government payments18%10$5,867$58,671
Government pensions9%5$5,984$29,920
Total Income or Loss100%55$41,540$2,284,710
Deducations
Charitable Gifts36%20$271$5,417
Cost of Tax Affairs55%30$228$6,827
Work Car expenses27%15$2,160$32,406
Work Travel expenses9%5$2,859$14,293
Self Education expenses9%5$594$2,970
Total Deductions73%40$2,942$117,660
Taxation
Taxable Income100%55$38,383$2,111,087
Medicare Levy 64%35$732$25,604
Medicare Surcharge %0$$0
Gross Tax 73%40$8,121$324,842
Net Tax 64%35$9,358$327,526
Average Tax 100%55 $5,955$327,526
Gross Tax Rate 73%40 21%$324,842
Net Tax Rate 64%35 24%$327,526
Average Tax Rate 100%55 16%$327,526
%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 $38,383. It is estimated that the average taxable income for people who paid a net amount of tax was $53460.

The average net tax paid was $9,358. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 35 people for an average of $732.

40 people earned a salary or wage and took home an average of $38,030 each.

Government allowance and payments were collected by 10 people for on average $5,867. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $271 were made by 20 people.

The costs of tax affairs for 30 people were claimed for $228 each.