TaxStats for postcode 3634 FY2013

Postcode 3634 includes Bunbartha, Invergordon South, Katandra, Katandra West, Marionvale, Marungi, Tallygaroopna, Zeerust in Victoria, and is in the federal electorate of Murray.

In FY 2013 the ATO recorded 1,145 individuals in postcode 3634. Of these people, 1,120 made a taxable income or loss. 865 of the population paid a gross amount of tax. After tax offsets, 780 people actually paid a net amount of tax. There were 340 non-taxable people who paid net tax of $0.

Compare TaxStats of 3634 with VIC

3634 TaxStats FY2013%Ppl#Ppl3634
Avg
3634
Total
Total Individuals100%1,145
Income
Salary or Wage 74%850$42,955$36,511,880
Gross Interest52%600$1,518$910,937
Unfranked Dividends15%170$561$95,291
Franked Dividends26%300$3,245$973,628
Dividend Franking Credit26%300$1,391$417,192
Capital Gains3%35$7,089$248,130
Termination Payouts4%45$2,809$126,384
Tips/Directors Fees etc20%230$2,622$602,998
Business Income12%135$6,332$854,869
Foreign Income5%55$1,440$79,185
Government payments7%75$4,754$356,525
Government pensions5%60$10,367$622,022
Total Income or Loss99%1,135$39,931$45,321,513
Deducations
Charitable Gifts34%390$166$64,641
Cost of Tax Affairs48%555$248$137,829
Work Car expenses26%295$2,042$602,331
Work Travel expenses8%95$2,113$200,767
Self Education expenses3%30$1,976$59,284
Total Deductions79%900$2,523$2,270,303
Taxation
Taxable Income98%1,120$38,012$42,573,255
Medicare Levy 66%750$755$566,518
Medicare Surcharge 1%10$2,086$20,855
Gross Tax 76%865$7,873$6,809,828
Net Tax 68%780$8,788$6,854,403
Average Tax 100%1,145 $5,986$6,854,403
Gross Tax Rate 76%865 21%$6,809,828
Net Tax Rate 68%780 23%$6,854,403
Average Tax Rate 100%1,145 16%$6,854,403
%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 $38,012. It is estimated that the average taxable income for people who paid a net amount of tax was $49350.

The average net tax paid was $8,788. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 750 people for an average of $755. 10 people paid $2,086 on average more for the Medicare surcharge.

850 people earned a salary or wage and took home an average of $42,955 each.

Government allowance and payments were collected by 75 people for on average $4,754. 60 people received the pension or other allowance.

Charitable gifts and donations of an average of $166 were made by 390 people.

The costs of tax affairs for 555 people were claimed for $248 each.