TaxStats for postcode 3660 FY2013

Postcode 3660 includes Caveat, Dropmore, Dysart, Highlands, Hilldene, Kerrisdale, Kobyboyn, Northwood, Seymour, Seymour South, Trawool, Whiteheads Creek in Victoria, and is in the federal electorate of Indi.

In FY 2013 the ATO recorded 3,600 individuals in postcode 3660. Of these people, 3,575 made a taxable income or loss. 2,845 of the population paid a gross amount of tax. After tax offsets, 2,535 people actually paid a net amount of tax. There were 1,040 non-taxable people who paid net tax of $0.

Compare TaxStats of 3660 with VIC

3660 TaxStats FY2013%Ppl#Ppl3660
Total Individuals100%3,600
Salary or Wage 79%2,855$43,275$123,550,145
Gross Interest53%1,900$1,739$3,304,652
Unfranked Dividends10%345$400$138,141
Franked Dividends20%710$4,060$2,882,832
Dividend Franking Credit20%705$1,752$1,234,895
Capital Gains4%130$7,727$1,004,503
Termination Payouts2%55$6,872$377,979
Tips/Directors Fees etc18%660$1,912$1,261,661
Business Income9%315$15,128$4,765,404
Foreign Income4%140$536$74,986
Government payments10%365$5,984$2,184,290
Government pensions8%290$9,097$2,638,227
Total Income or Loss100%3,590$44,337$159,168,653
Charitable Gifts46%1,640$205$336,629
Cost of Tax Affairs51%1,845$230$425,048
Work Car expenses27%970$1,987$1,927,841
Work Travel expenses8%280$1,448$405,576
Self Education expenses4%135$1,739$234,820
Total Deductions83%2,990$2,202$6,582,876
Taxable Income99%3,575$42,559$152,148,953
Medicare Levy 66%2,380$805$1,915,044
Medicare Surcharge 1%35$1,199$41,976
Gross Tax 79%2,845$8,913$25,358,544
Net Tax 70%2,535$10,011$25,378,028
Average Tax 100%3,600 $7,049$25,378,028
Gross Tax Rate 79%2,845 21%$25,358,544
Net Tax Rate 70%2,535 24%$25,378,028
Average Tax Rate 100%3,600 17%$25,378,028
%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 $42,559. It is estimated that the average taxable income for people who paid a net amount of tax was $55096.

The average net tax paid was $10,011. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 2,380 people for an average of $805. 35 people paid $1,199 on average more for the Medicare surcharge.

2,855 people earned a salary or wage and took home an average of $43,275 each.

Government allowance and payments were collected by 365 people for on average $5,984. 290 people received the pension or other allowance.

Charitable gifts and donations of an average of $205 were made by 1,640 people.

The costs of tax affairs for 1,845 people were claimed for $230 each.