TaxStats for postcode 3730 FY2013

Postcode 3730 includes Bathumi, Bathumi, Boosey, Boosey, Bundalong, Bundalong, Bundalong South, Bundalong South, Burramine, Burramine South, Esmond, Esmond, Telford, Telford, Yarrawonga, Yarrawonga, Yarrawonga South, Yarrawonga South in Victoria, and is in the federal electorate of Murray.

In FY 2013 the ATO recorded 4,340 individuals in postcode 3730. Of these people, 4,310 made a taxable income or loss. 3,315 of the population paid a gross amount of tax. After tax offsets, 2,930 people actually paid a net amount of tax. There were 1,380 non-taxable people who paid net tax of $0.

Compare TaxStats of 3730 with VIC

3730 TaxStats FY2013%Ppl#Ppl3730
Avg
3730
Total
Total Individuals100%4,340
Income
Salary or Wage 72%3,105$43,827$136,081,599
Gross Interest57%2,480$2,217$5,498,097
Unfranked Dividends13%585$609$356,511
Franked Dividends27%1,165$4,157$4,842,670
Dividend Franking Credit27%1,160$1,789$2,075,051
Capital Gains4%190$22,512$4,277,248
Termination Payouts1%60$6,175$370,523
Tips/Directors Fees etc22%955$1,867$1,782,871
Business Income8%355$16,248$5,767,890
Foreign Income5%210$521$109,416
Government payments8%335$5,308$1,778,157
Government pensions9%400$10,273$4,109,023
Total Income or Loss100%4,325$44,779$193,669,057
Deducations
Charitable Gifts31%1,355$208$281,538
Cost of Tax Affairs43%1,870$302$565,293
Work Car expenses20%880$2,223$1,956,276
Work Travel expenses7%305$2,409$734,757
Self Education expenses4%165$1,751$288,951
Total Deductions77%3,355$2,410$8,086,429
Taxation
Taxable Income99%4,310$42,648$183,813,979
Medicare Levy 64%2,795$845$2,360,568
Medicare Surcharge 1%45$1,109$49,911
Gross Tax 76%3,315$9,743$32,298,660
Net Tax 68%2,930$10,998$32,222,852
Average Tax 100%4,340 $7,425$32,222,852
Gross Tax Rate 76%3,315 23%$32,298,660
Net Tax Rate 68%2,930 26%$32,222,852
Average Tax Rate 100%4,340 17%$32,222,852
%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 $42,648. It is estimated that the average taxable income for people who paid a net amount of tax was $57083.

The average net tax paid was $10,998. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 2,795 people for an average of $845. 45 people paid $1,109 on average more for the Medicare surcharge.

3,105 people earned a salary or wage and took home an average of $43,827 each.

Government allowance and payments were collected by 335 people for on average $5,308. 400 people received the pension or other allowance.

Charitable gifts and donations of an average of $208 were made by 1,355 people.

The costs of tax affairs for 1,870 people were claimed for $302 each.