TaxStats for postcode 3762 FY2013

Postcode 3762 includes Bylands in Victoria, and is in the federal electorate of McEwen.

In FY 2013 the ATO recorded 85 individuals in postcode 3762. Of these people, 85 made a taxable income or loss. 65 of the population paid a gross amount of tax. After tax offsets, 55 people actually paid a net amount of tax. There were 30 non-taxable people who paid net tax of $0.

Compare TaxStats of 3762 with VIC

3762 TaxStats FY2013%Ppl#Ppl3762
Avg
3762
Total
Total Individuals100%85
Income
Salary or Wage 76%65$52,259$3,396,804
Gross Interest65%55$1,457$80,114
Unfranked Dividends12%10$283$2,828
Franked Dividends29%25$6,256$156,392
Dividend Franking Credit29%25$2,680$67,012
Capital Gains6%5$18,543$92,714
Termination Payouts6%5$19,730$98,648
Tips/Directors Fees etc24%20$3,897$77,940
Business Income12%10$-2,373$-23,733
Foreign Income6%5$176$878
Government payments6%5$6,757$33,783
Government pensions6%5$12,846$64,231
Total Income or Loss100%85$52,154$4,433,084
Deducations
Charitable Gifts29%25$194$4,858
Cost of Tax Affairs59%50$294$14,689
Work Car expenses29%25$3,150$78,750
Work Travel expenses18%15$925$13,875
Self Education expenses6%5$666$3,329
Total Deductions76%65$2,909$189,069
Taxation
Taxable Income100%85$49,930$4,244,016
Medicare Levy 65%55$1,043$57,363
Medicare Surcharge 6%5$320$1,598
Gross Tax 76%65$13,300$864,481
Net Tax 65%55$16,011$880,578
Average Tax 100%85 $10,360$880,578
Gross Tax Rate 76%65 27%$864,481
Net Tax Rate 65%55 32%$880,578
Average Tax Rate 100%85 21%$880,578
%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 $49,930. It is estimated that the average taxable income for people who paid a net amount of tax was $70618.

The average net tax paid was $16,011. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 55 people for an average of $1,043. 5 people paid $320 on average more for the Medicare surcharge.

65 people earned a salary or wage and took home an average of $52,259 each.

Government allowance and payments were collected by 5 people for on average $6,757. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $194 were made by 25 people.

The costs of tax affairs for 50 people were claimed for $294 each.