TaxStats for postcode 3749 FY2013

Postcode 3749 includes Bruarong, Yackandandah in Victoria, and is in the federal electorate of Indi.

In FY 2013 the ATO recorded 1,095 individuals in postcode 3749. Of these people, 1,090 made a taxable income or loss. 840 of the population paid a gross amount of tax. After tax offsets, 755 people actually paid a net amount of tax. There were 335 non-taxable people who paid net tax of $0.

Compare TaxStats of 3749 with VIC

3749 TaxStats FY2013%Ppl#Ppl3749
Avg
3749
Total
Total Individuals100%1,095
Income
Salary or Wage 78%850$48,866$41,535,949
Gross Interest67%735$1,861$1,367,835
Unfranked Dividends13%145$408$59,123
Franked Dividends27%295$4,362$1,286,687
Dividend Franking Credit27%295$1,871$551,967
Capital Gains5%55$14,096$775,258
Termination Payouts1%10$2,662$26,616
Tips/Directors Fees etc20%220$1,974$434,280
Business Income14%150$8,297$1,244,523
Foreign Income6%65$241$15,677
Government payments7%80$4,686$374,865
Government pensions7%75$8,728$654,618
Total Income or Loss100%1,095$50,493$55,289,491
Deducations
Charitable Gifts33%360$340$122,514
Cost of Tax Affairs45%490$332$162,651
Work Car expenses25%275$1,988$546,759
Work Travel expenses9%100$1,708$170,813
Self Education expenses5%50$1,327$66,334
Total Deductions79%870$2,441$2,123,853
Taxation
Taxable Income100%1,090$48,529$52,896,678
Medicare Levy 67%735$979$719,508
Medicare Surcharge 1%15$1,218$18,275
Gross Tax 77%840$12,563$10,553,018
Net Tax 69%755$14,236$10,748,367
Average Tax 100%1,095 $9,816$10,748,367
Gross Tax Rate 77%840 26%$10,553,018
Net Tax Rate 69%755 29%$10,748,367
Average Tax Rate 100%1,095 20%$10,748,367
%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 $48,529. It is estimated that the average taxable income for people who paid a net amount of tax was $64737.

The average net tax paid was $14,236. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 735 people for an average of $979. 15 people paid $1,218 on average more for the Medicare surcharge.

850 people earned a salary or wage and took home an average of $48,866 each.

Government allowance and payments were collected by 80 people for on average $4,686. 75 people received the pension or other allowance.

Charitable gifts and donations of an average of $340 were made by 360 people.

The costs of tax affairs for 490 people were claimed for $332 each.