TaxStats for postcode 3685 FY2013

Postcode 3685 includes Boorhaman North, Boorhaman North, Brimin, Brimin, Browns Plains, Carlyle, Dugays Bridge, Dugays Bridge, Gooramadda, Great Southern, Great Southern, Lake Moodemere, Lake Moodemere, Norong Central, Norong Central, Prentice North, Prentice North, Rutherglen in Victoria, and is in the federal electorate of Indi.

In FY 2013 the ATO recorded 1,650 individuals in postcode 3685. Of these people, 1,640 made a taxable income or loss. 1,285 of the population paid a gross amount of tax. After tax offsets, 1,145 people actually paid a net amount of tax. There were 495 non-taxable people who paid net tax of $0.

Compare TaxStats of 3685 with VIC

3685 TaxStats FY2013%Ppl#Ppl3685
Avg
3685
Total
Total Individuals100%1,650
Income
Salary or Wage 76%1,260$43,367$54,642,514
Gross Interest62%1,030$1,939$1,997,224
Unfranked Dividends15%240$402$96,530
Franked Dividends29%475$4,086$1,940,868
Dividend Franking Credit29%475$1,748$830,324
Capital Gains5%80$8,136$650,904
Termination Payouts2%30$8,229$246,881
Tips/Directors Fees etc17%285$1,996$568,798
Business Income9%150$8,796$1,319,384
Foreign Income6%100$274$27,372
Government payments8%140$5,668$793,522
Government pensions7%120$9,221$1,106,464
Total Income or Loss100%1,645$44,256$72,800,853
Deducations
Charitable Gifts40%655$179$117,209
Cost of Tax Affairs47%770$306$235,968
Work Car expenses23%380$1,887$717,168
Work Travel expenses8%125$2,687$335,843
Self Education expenses4%65$1,134$73,722
Total Deductions82%1,345$2,465$3,315,398
Taxation
Taxable Income99%1,640$42,156$69,135,153
Medicare Levy 67%1,110$821$911,391
Medicare Surcharge 1%10$1,396$13,961
Gross Tax 78%1,285$9,134$11,737,595
Net Tax 69%1,145$10,324$11,821,002
Average Tax 100%1,650 $7,164$11,821,002
Gross Tax Rate 78%1,285 22%$11,737,595
Net Tax Rate 69%1,145 24%$11,821,002
Average Tax Rate 100%1,650 17%$11,821,002
%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 $42,156. It is estimated that the average taxable income for people who paid a net amount of tax was $55192.

The average net tax paid was $10,324. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 1,110 people for an average of $821. 10 people paid $1,396 on average more for the Medicare surcharge.

1,260 people earned a salary or wage and took home an average of $43,367 each.

Government allowance and payments were collected by 140 people for on average $5,668. 120 people received the pension or other allowance.

Charitable gifts and donations of an average of $179 were made by 655 people.

The costs of tax affairs for 770 people were claimed for $306 each.