TaxStats for postcode 3670 FY2013

Postcode 3670 includes Baddaginnie, Baddaginnie, Tarnook, Tarnook, Warrenbayne in Victoria, and is in the federal electorate of Indi.

In FY 2013 the ATO recorded 335 individuals in postcode 3670. Of these people, 335 made a taxable income or loss. 230 of the population paid a gross amount of tax. After tax offsets, 200 people actually paid a net amount of tax. There were 135 non-taxable people who paid net tax of $0.

Compare TaxStats of 3670 with VIC

3670 TaxStats FY2013%Ppl#Ppl3670
Total Individuals100%335
Salary or Wage 72%240$40,408$9,697,837
Gross Interest55%185$2,377$439,739
Unfranked Dividends16%55$1,936$106,460
Franked Dividends25%85$4,531$385,131
Dividend Franking Credit25%85$1,942$165,035
Capital Gains3%10$4,787$47,869
Termination Payouts3%10$5,242$52,418
Tips/Directors Fees etc21%70$2,513$175,880
Business Income16%55$1,638$90,101
Foreign Income3%10$175$1,753
Government payments7%25$6,702$167,556
Government pensions7%25$9,231$230,773
Total Income or Loss100%335$38,621$12,937,978
Charitable Gifts25%85$583$49,548
Cost of Tax Affairs40%135$391$52,850
Work Car expenses21%70$2,492$174,439
Work Travel expenses7%25$2,038$50,944
Self Education expenses4%15$2,012$30,177
Total Deductions70%235$2,649$622,440
Taxable Income100%335$36,712$12,298,627
Medicare Levy 57%190$819$155,666
Medicare Surcharge 1%5$1,152$5,760
Gross Tax 69%230$8,975$2,064,159
Net Tax 60%200$10,323$2,064,597
Average Tax 100%335 $6,163$2,064,597
Gross Tax Rate 69%230 24%$2,064,159
Net Tax Rate 60%200 28%$2,064,597
Average Tax Rate 100%335 17%$2,064,597
%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 $36,712. It is estimated that the average taxable income for people who paid a net amount of tax was $53393.

The average net tax paid was $10,323. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 190 people for an average of $819. 5 people paid $1,152 on average more for the Medicare surcharge.

240 people earned a salary or wage and took home an average of $40,408 each.

Government allowance and payments were collected by 25 people for on average $6,702. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $583 were made by 85 people.

The costs of tax affairs for 135 people were claimed for $391 each.