TaxStats for postcode 3697 FY2013

Postcode 3697 includes Tawonga in Victoria, and is in the federal electorate of Indi.

In FY 2013 the ATO recorded 315 individuals in postcode 3697. Of these people, 305 made a taxable income or loss. 235 of the population paid a gross amount of tax. After tax offsets, 200 people actually paid a net amount of tax. There were 105 non-taxable people who paid net tax of $0.

Compare TaxStats of 3697 with VIC

3697 TaxStats FY2013%Ppl#Ppl3697
Avg
3697
Total
Total Individuals100%315
Income
Salary or Wage 70%220$41,364$9,099,994
Gross Interest65%205$2,562$525,231
Unfranked Dividends19%60$1,280$76,786
Franked Dividends29%90$4,816$433,468
Dividend Franking Credit29%90$2,063$185,647
Capital Gains5%15$30,086$451,287
Termination Payouts2%5$1,816$9,082
Tips/Directors Fees etc25%80$1,985$158,792
Business Income14%45$6,386$287,381
Foreign Income5%15$371$5,563
Government payments5%15$4,985$74,776
Government pensions8%25$9,838$245,955
Total Income or Loss98%310$42,288$13,109,269
Deducations
Charitable Gifts37%115$284$32,703
Cost of Tax Affairs43%135$499$67,393
Work Car expenses22%70$2,039$142,734
Work Travel expenses11%35$1,989$69,599
Self Education expenses6%20$1,355$27,092
Total Deductions79%250$2,772$693,090
Taxation
Taxable Income97%305$40,470$12,343,362
Medicare Levy 60%190$802$152,424
Medicare Surcharge 2%5$890$4,451
Gross Tax 75%235$8,751$2,056,537
Net Tax 63%200$10,329$2,065,769
Average Tax 100%315 $6,558$2,065,769
Gross Tax Rate 75%235 22%$2,056,537
Net Tax Rate 63%200 26%$2,065,769
Average Tax Rate 100%315 16%$2,065,769
%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 $40,470. It is estimated that the average taxable income for people who paid a net amount of tax was $55417.

The average net tax paid was $10,329. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 190 people for an average of $802. 5 people paid $890 on average more for the Medicare surcharge.

220 people earned a salary or wage and took home an average of $41,364 each.

Government allowance and payments were collected by 15 people for on average $4,985. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $284 were made by 115 people.

The costs of tax affairs for 135 people were claimed for $499 each.