TaxStats for postcode 3675 FY2013

Postcode 3675 includes Boweya, Boweya, Boweya North, Boweya North, Glenrowan, Glenrowan, Glenrowan West, Glenrowan West, Greta, Greta, Greta South, Greta South, Greta West, Greta West, Hansonville, Hansonville, Mount Bruno, Mount Bruno, Taminick, Taminick in Victoria, and is in the federal electorate of Indi.

In FY 2013 the ATO recorded 1,170 individuals in postcode 3675. Of these people, 1,155 made a taxable income or loss. 820 of the population paid a gross amount of tax. After tax offsets, 730 people actually paid a net amount of tax. There were 425 non-taxable people who paid net tax of $0.

Compare TaxStats of 3675 with VIC

3675 TaxStats FY2013%Ppl#Ppl3675
Avg
3675
Total
Total Individuals100%1,170
Income
Salary or Wage 70%820$42,582$34,917,160
Gross Interest61%710$1,741$1,236,275
Unfranked Dividends15%170$556$94,563
Franked Dividends28%325$2,236$726,756
Dividend Franking Credit28%325$959$311,544
Capital Gains5%55$4,035$221,929
Termination Payouts1%10$6,161$61,608
Tips/Directors Fees etc19%220$2,286$502,979
Business Income14%165$4,258$702,646
Foreign Income5%55$332$18,275
Government payments9%100$5,327$532,738
Government pensions9%110$9,168$1,008,428
Total Income or Loss100%1,165$39,043$45,484,529
Deducations
Charitable Gifts36%425$207$88,110
Cost of Tax Affairs43%500$262$130,981
Work Car expenses21%245$1,957$479,582
Work Travel expenses6%75$2,544$190,790
Self Education expenses3%35$1,842$64,482
Total Deductions74%870$2,203$1,916,897
Taxation
Taxable Income99%1,155$37,557$43,378,455
Medicare Levy 60%700$798$558,482
Medicare Surcharge 1%15$1,217$18,255
Gross Tax 70%820$8,648$7,091,232
Net Tax 62%730$9,686$7,070,622
Average Tax 100%1,170 $6,043$7,070,622
Gross Tax Rate 70%820 23%$7,091,232
Net Tax Rate 62%730 26%$7,070,622
Average Tax Rate 100%1,170 16%$7,070,622
%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 $37,557. It is estimated that the average taxable income for people who paid a net amount of tax was $52436.

The average net tax paid was $9,686. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 700 people for an average of $798. 15 people paid $1,217 on average more for the Medicare surcharge.

820 people earned a salary or wage and took home an average of $42,582 each.

Government allowance and payments were collected by 100 people for on average $5,327. 110 people received the pension or other allowance.

Charitable gifts and donations of an average of $207 were made by 425 people.

The costs of tax affairs for 500 people were claimed for $262 each.