TaxStats for postcode 3723 FY2013

Postcode 3723 includes Archerton, Archerton, Barjarg, Boorolite, Bridge Creek, Bridge Creek, Delatite, Gaffneys Creek, Gaffneys Creek, Goughs Bay, Howes Creek, Howqua, Howqua Hills, Howqua Hills, Howqua Inlet, Jamieson, Kevington, Knockwood, Macs Cove, Maindample, Matlock, Matlock, Merrijig, Mount Buller, Mount Buller, Mountain Bay, Nillahcootie, Nillahcootie, Piries, Sawmill Settlement, Sawmill Settlement, Tolmie, Tolmie, Woods Point, Woods Point in Victoria, and is in the federal electorate of Indi.

In FY 2013 the ATO recorded 1,415 individuals in postcode 3723. Of these people, 1,395 made a taxable income or loss. 935 of the population paid a gross amount of tax. After tax offsets, 810 people actually paid a net amount of tax. There were 585 non-taxable people who paid net tax of $0.

Compare TaxStats of 3723 with VIC

3723 TaxStats FY2013%Ppl#Ppl3723
Total Individuals100%1,415
Salary or Wage 67%945$39,324$37,160,851
Gross Interest61%860$1,670$1,435,954
Unfranked Dividends13%185$340$62,850
Franked Dividends25%350$5,301$1,855,462
Dividend Franking Credit25%350$2,273$795,501
Capital Gains4%50$12,413$620,650
Termination Payouts1%20$9,829$196,579
Tips/Directors Fees etc16%225$2,886$649,446
Business Income16%220$2,072$455,880
Foreign Income6%80$634$50,698
Government payments6%90$5,861$527,517
Government pensions7%100$11,423$1,142,344
Total Income or Loss99%1,405$37,644$52,889,355
Charitable Gifts23%320$371$118,584
Cost of Tax Affairs42%595$409$243,531
Work Car expenses19%270$2,462$664,797
Work Travel expenses8%120$2,730$327,611
Self Education expenses3%40$1,807$72,268
Total Deductions72%1,020$2,793$2,849,318
Taxable Income99%1,395$35,725$49,836,074
Medicare Levy 54%760$815$619,374
Medicare Surcharge 1%20$1,180$23,602
Gross Tax 66%935$9,028$8,440,716
Net Tax 57%810$10,394$8,419,256
Average Tax 100%1,415 $5,950$8,419,256
Gross Tax Rate 66%935 25%$8,440,716
Net Tax Rate 57%810 29%$8,419,256
Average Tax Rate 100%1,415 17%$8,419,256
%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 $35,725. It is estimated that the average taxable income for people who paid a net amount of tax was $52859.

The average net tax paid was $10,394. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 760 people for an average of $815. 20 people paid $1,180 on average more for the Medicare surcharge.

945 people earned a salary or wage and took home an average of $39,324 each.

Government allowance and payments were collected by 90 people for on average $5,861. 100 people received the pension or other allowance.

Charitable gifts and donations of an average of $371 were made by 320 people.

The costs of tax affairs for 595 people were claimed for $409 each.