TaxStats for postcode 3712 FY2013

Postcode 3712 includes Rubicon, Thornton in Victoria, and is in the federal electorate of Indi.

In FY 2013 the ATO recorded 190 individuals in postcode 3712. Of these people, 190 made a taxable income or loss. 145 of the population paid a gross amount of tax. After tax offsets, 120 people actually paid a net amount of tax. There were 70 non-taxable people who paid net tax of $0.

Compare TaxStats of 3712 with VIC

3712 TaxStats FY2013%Ppl#Ppl3712
Avg
3712
Total
Total Individuals100%190
Income
Salary or Wage 71%135$38,204$5,157,522
Gross Interest58%110$4,156$457,187
Unfranked Dividends8%15$339$5,083
Franked Dividends24%45$9,410$423,466
Dividend Franking Credit24%45$4,034$181,545
Capital Gains3%5$4,066$20,328
Termination Payouts3%5$4,649$23,244
Tips/Directors Fees etc16%30$1,504$45,123
Business Income18%35$-5,794$-202,787
Foreign Income3%5$107$537
Government payments5%10$7,238$72,381
Government pensions11%20$8,312$166,234
Total Income or Loss100%190$41,747$7,931,980
Deducations
Charitable Gifts26%50$156$7,809
Cost of Tax Affairs53%100$298$29,791
Work Car expenses26%50$2,614$130,711
Work Travel expenses11%20$2,392$47,844
Self Education expenses5%10$1,647$16,473
Total Deductions79%150$3,303$495,427
Taxation
Taxable Income100%190$39,140$7,436,553
Medicare Levy 58%110$862$94,784
Medicare Surcharge 3%5$1,416$7,082
Gross Tax 76%145$9,000$1,304,941
Net Tax 63%120$10,669$1,280,242
Average Tax 100%190 $6,738$1,280,242
Gross Tax Rate 76%145 23%$1,304,941
Net Tax Rate 63%120 27%$1,280,242
Average Tax Rate 100%190 17%$1,280,242
%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 $39,140. It is estimated that the average taxable income for people who paid a net amount of tax was $54971.

The average net tax paid was $10,669. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 110 people for an average of $862. 5 people paid $1,416 on average more for the Medicare surcharge.

135 people earned a salary or wage and took home an average of $38,204 each.

Government allowance and payments were collected by 10 people for on average $7,238. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $156 were made by 50 people.

The costs of tax affairs for 100 people were claimed for $298 each.