TaxStats for postcode 3618 FY2013

Postcode 3618 includes Merrigum in Victoria, and is in the federal electorate of Murray.

In FY 2013 the ATO recorded 420 individuals in postcode 3618. Of these people, 410 made a taxable income or loss. 295 of the population paid a gross amount of tax. After tax offsets, 255 people actually paid a net amount of tax. There were 155 non-taxable people who paid net tax of $0.

Compare TaxStats of 3618 with VIC

3618 TaxStats FY2013%Ppl#Ppl3618
Total Individuals100%420
Salary or Wage 75%315$37,031$11,664,674
Gross Interest46%195$1,254$244,582
Unfranked Dividends7%30$432$12,966
Franked Dividends13%55$1,190$65,464
Dividend Franking Credit13%55$510$28,050
Capital Gains2%10$11,805$118,050
Termination Payouts4%15$4,764$71,458
Tips/Directors Fees etc17%70$1,234$86,350
Business Income10%40$13,465$538,612
Foreign Income2%10$21$210
Government payments10%40$6,864$274,571
Government pensions6%25$10,131$253,283
Total Income or Loss100%420$34,519$14,497,999
Charitable Gifts31%130$134$17,384
Cost of Tax Affairs40%170$210$35,763
Work Car expenses27%115$1,908$219,363
Work Travel expenses7%30$1,038$31,145
Self Education expenses4%15$1,049$15,740
Total Deductions71%300$2,012$603,695
Taxable Income98%410$33,541$13,751,923
Medicare Levy 57%240$707$169,763
Medicare Surcharge 1%5$74$370
Gross Tax 70%295$6,591$1,944,447
Net Tax 61%255$7,418$1,891,713
Average Tax 100%420 $4,504$1,891,713
Gross Tax Rate 70%295 20%$1,944,447
Net Tax Rate 61%255 22%$1,891,713
Average Tax Rate 100%420 13%$1,891,713
%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 $33,541. It is estimated that the average taxable income for people who paid a net amount of tax was $46635.

The average net tax paid was $7,418. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 240 people for an average of $707. 5 people paid $74 on average more for the Medicare surcharge.

315 people earned a salary or wage and took home an average of $37,031 each.

Government allowance and payments were collected by 40 people for on average $6,864. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $134 were made by 130 people.

The costs of tax affairs for 170 people were claimed for $210 each.