TaxStats for postcode 3688 FY2013

Postcode 3688 includes Barnawartha, Indigo Valley in Victoria, and is in the federal electorate of Indi.

In FY 2013 the ATO recorded 770 individuals in postcode 3688. Of these people, 760 made a taxable income or loss. 615 of the population paid a gross amount of tax. After tax offsets, 555 people actually paid a net amount of tax. There were 205 non-taxable people who paid net tax of $0.

Compare TaxStats of 3688 with VIC

3688 TaxStats FY2013%Ppl#Ppl3688
Total Individuals100%770
Salary or Wage 79%610$49,702$30,318,499
Gross Interest60%465$1,229$571,488
Unfranked Dividends14%110$254$27,992
Franked Dividends25%195$4,556$888,433
Dividend Franking Credit25%195$1,952$380,648
Capital Gains3%25$5,942$148,552
Termination Payouts2%15$9,257$138,859
Tips/Directors Fees etc21%165$3,373$556,568
Business Income12%95$5,240$497,818
Foreign Income5%40$358$14,313
Government payments5%40$4,201$168,033
Government pensions5%40$9,909$396,349
Total Income or Loss100%770$47,254$36,385,629
Charitable Gifts35%270$216$58,352
Cost of Tax Affairs45%345$370$127,763
Work Car expenses27%210$2,352$493,925
Work Travel expenses12%90$2,573$231,602
Self Education expenses5%40$1,488$59,501
Total Deductions82%630$3,001$1,890,546
Taxable Income99%760$45,089$34,267,599
Medicare Levy 70%540$866$467,439
Medicare Surcharge 1%5$1,905$9,525
Gross Tax 80%615$10,100$6,211,365
Net Tax 72%555$11,294$6,268,124
Average Tax 100%770 $8,140$6,268,124
Gross Tax Rate 80%615 22%$6,211,365
Net Tax Rate 72%555 25%$6,268,124
Average Tax Rate 100%770 18%$6,268,124
%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 $45,089. It is estimated that the average taxable income for people who paid a net amount of tax was $57311.

The average net tax paid was $11,294. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 540 people for an average of $866. 5 people paid $1,905 on average more for the Medicare surcharge.

610 people earned a salary or wage and took home an average of $49,702 each.

Government allowance and payments were collected by 40 people for on average $4,201. 40 people received the pension or other allowance.

Charitable gifts and donations of an average of $216 were made by 270 people.

The costs of tax affairs for 345 people were claimed for $370 each.