TaxStats for postcode 3758 FY2013

Postcode 3758 includes Heathcote Junction, Wandong in Victoria, and is in the federal electorate of McEwen.

In FY 2013 the ATO recorded 1,280 individuals in postcode 3758. Of these people, 1,270 made a taxable income or loss. 1,050 of the population paid a gross amount of tax. After tax offsets, 965 people actually paid a net amount of tax. There were 305 non-taxable people who paid net tax of $0.

Compare TaxStats of 3758 with VIC

3758 TaxStats FY2013%Ppl#Ppl3758
Avg
3758
Total
Total Individuals100%1,280
Income
Salary or Wage 84%1,070$49,575$53,045,590
Gross Interest48%610$1,230$750,323
Unfranked Dividends7%85$346$29,385
Franked Dividends18%225$3,490$785,355
Dividend Franking Credit18%225$1,497$336,877
Capital Gains2%25$10,422$260,549
Termination Payouts3%40$8,490$339,593
Tips/Directors Fees etc21%265$4,674$1,238,631
Business Income11%140$13,548$1,896,772
Foreign Income3%35$303$10,592
Government payments6%75$4,908$368,117
Government pensions4%45$9,391$422,594
Total Income or Loss99%1,270$49,969$63,460,866
Deducations
Charitable Gifts44%565$181$102,204
Cost of Tax Affairs53%680$221$150,085
Work Car expenses32%415$2,649$1,099,204
Work Travel expenses12%160$2,642$422,675
Self Education expenses4%55$1,689$92,871
Total Deductions84%1,075$3,108$3,341,321
Taxation
Taxable Income99%1,270$47,287$60,054,563
Medicare Levy 73%930$876$814,475
Medicare Surcharge 2%30$1,057$31,696
Gross Tax 82%1,050$10,235$10,747,183
Net Tax 75%965$11,511$11,108,133
Average Tax 100%1,280 $8,678$11,108,133
Gross Tax Rate 82%1,050 22%$10,747,183
Net Tax Rate 75%965 24%$11,108,133
Average Tax Rate 100%1,280 18%$11,108,133
%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 $47,287. It is estimated that the average taxable income for people who paid a net amount of tax was $58440.

The average net tax paid was $11,511. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 930 people for an average of $876. 30 people paid $1,057 on average more for the Medicare surcharge.

1,070 people earned a salary or wage and took home an average of $49,575 each.

Government allowance and payments were collected by 75 people for on average $4,908. 45 people received the pension or other allowance.

Charitable gifts and donations of an average of $181 were made by 565 people.

The costs of tax affairs for 680 people were claimed for $221 each.