TaxStats for postcode 3770 FY2013

Postcode 3770 includes Coldstream, Gruyere, Yering in Victoria, and is in the federal electorate of Casey.

In FY 2013 the ATO recorded 1,870 individuals in postcode 3770. Of these people, 1,855 made a taxable income or loss. 1,500 of the population paid a gross amount of tax. After tax offsets, 1,375 people actually paid a net amount of tax. There were 480 non-taxable people who paid net tax of $0.

Compare TaxStats of 3770 with VIC

3770 TaxStats FY2013%Ppl#Ppl3770
Total Individuals100%1,870
Salary or Wage 76%1,430$47,142$67,413,641
Gross Interest59%1,095$2,181$2,388,043
Unfranked Dividends10%185$1,327$245,462
Franked Dividends25%465$21,134$9,827,503
Dividend Franking Credit25%460$9,155$4,211,142
Capital Gains4%70$15,257$1,067,964
Termination Payouts2%30$6,688$200,650
Tips/Directors Fees etc20%365$3,649$1,331,751
Business Income11%215$13,007$2,796,548
Foreign Income5%100$736$73,631
Government payments4%80$4,422$353,787
Government pensions5%85$10,226$869,201
Total Income or Loss99%1,860$60,243$112,051,683
Charitable Gifts38%715$675$482,711
Cost of Tax Affairs45%840$357$299,715
Work Car expenses25%460$2,850$1,311,003
Work Travel expenses9%165$1,738$286,729
Self Education expenses3%60$1,487$89,248
Total Deductions81%1,515$3,209$4,861,184
Taxable Income99%1,855$57,643$106,927,603
Medicare Levy 71%1,330$1,109$1,475,235
Medicare Surcharge 1%20$1,134$22,680
Gross Tax 80%1,500$16,230$24,344,630
Net Tax 74%1,375$18,200$25,024,655
Average Tax 100%1,870 $13,382$25,024,655
Gross Tax Rate 80%1,500 28%$24,344,630
Net Tax Rate 74%1,375 32%$25,024,655
Average Tax Rate 100%1,870 23%$25,024,655
%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 $57,643. It is estimated that the average taxable income for people who paid a net amount of tax was $73576.

The average net tax paid was $18,200. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 1,330 people for an average of $1,109. 20 people paid $1,134 on average more for the Medicare surcharge.

1,430 people earned a salary or wage and took home an average of $47,142 each.

Government allowance and payments were collected by 80 people for on average $4,422. 85 people received the pension or other allowance.

Charitable gifts and donations of an average of $675 were made by 715 people.

The costs of tax affairs for 840 people were claimed for $357 each.