TaxStats for postcode 3717 FY2013

Postcode 3717 includes Flowerdale, Flowerdale, Ghin Ghin, Glenburn, Homewood, Killingworth, Limestone, Murrindindi, Yea in Victoria, and is in the federal electorate of Indi.

In FY 2013 the ATO recorded 1,515 individuals in postcode 3717. Of these people, 1,495 made a taxable income or loss. 1,085 of the population paid a gross amount of tax. After tax offsets, 935 people actually paid a net amount of tax. There were 560 non-taxable people who paid net tax of $0.

Compare TaxStats of 3717 with VIC

3717 TaxStats FY2013%Ppl#Ppl3717
Total Individuals100%1,515
Salary or Wage 66%1,000$43,115$43,114,872
Gross Interest61%920$2,716$2,498,727
Unfranked Dividends12%185$615$113,781
Franked Dividends26%395$7,953$3,141,263
Dividend Franking Credit26%395$3,408$1,346,214
Capital Gains5%70$9,525$666,750
Termination Payouts1%15$5,790$86,849
Tips/Directors Fees etc17%260$2,862$744,248
Business Income16%235$6,433$1,511,762
Foreign Income6%95$513$48,723
Government payments7%105$5,578$585,685
Government pensions9%135$10,305$1,391,165
Total Income or Loss99%1,505$41,747$62,829,968
Charitable Gifts29%445$355$157,957
Cost of Tax Affairs48%725$435$315,204
Work Car expenses23%350$2,463$862,214
Work Travel expenses6%85$1,738$147,763
Self Education expenses2%35$1,735$60,720
Total Deductions74%1,120$2,735$3,062,921
Taxable Income99%1,495$39,587$59,182,908
Medicare Levy 58%885$845$747,426
Medicare Surcharge 1%15$1,009$15,142
Gross Tax 72%1,085$9,430$10,231,714
Net Tax 62%935$10,875$10,167,736
Average Tax 100%1,515 $6,711$10,167,736
Gross Tax Rate 72%1,085 24%$10,231,714
Net Tax Rate 62%935 27%$10,167,736
Average Tax Rate 100%1,515 17%$10,167,736
%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 $39,587. It is estimated that the average taxable income for people who paid a net amount of tax was $56110.

The average net tax paid was $10,875. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 885 people for an average of $845. 15 people paid $1,009 on average more for the Medicare surcharge.

1,000 people earned a salary or wage and took home an average of $43,115 each.

Government allowance and payments were collected by 105 people for on average $5,578. 135 people received the pension or other allowance.

Charitable gifts and donations of an average of $355 were made by 445 people.

The costs of tax affairs for 725 people were claimed for $435 each.