TaxStats for postcode 3818 FY2013

Postcode 3818 includes Athlone, Drouin, Drouin East, Drouin South, Drouin West, Hallora, Jindivick, Ripplebrook, Tarago in Victoria, and is in the federal electorate of McMillan.

In FY 2013 the ATO recorded 6,750 individuals in postcode 3818. Of these people, 6,710 made a taxable income or loss. 5,180 of the population paid a gross amount of tax. After tax offsets, 4,650 people actually paid a net amount of tax. There were 2,060 non-taxable people who paid net tax of $0.

Compare TaxStats of 3818 with VIC

3818 TaxStats FY2013%Ppl#Ppl3818
Avg
3818
Total
Total Individuals100%6,750
Income
Salary or Wage 75%5,030$44,636$224,521,077
Gross Interest53%3,550$2,290$8,128,641
Unfranked Dividends11%710$685$486,418
Franked Dividends22%1,505$5,064$7,621,186
Dividend Franking Credit22%1,500$2,175$3,262,536
Capital Gains3%235$9,108$2,140,322
Termination Payouts1%100$8,383$838,311
Tips/Directors Fees etc19%1,255$2,518$3,160,607
Business Income10%700$14,018$9,812,585
Foreign Income4%290$1,861$539,703
Government payments8%515$5,270$2,713,848
Government pensions7%485$9,462$4,588,883
Total Income or Loss100%6,725$43,511$292,612,432
Deducations
Charitable Gifts36%2,440$321$782,257
Cost of Tax Affairs48%3,230$295$953,907
Work Car expenses29%1,945$2,314$4,500,442
Work Travel expenses8%550$1,702$936,155
Self Education expenses4%250$1,569$392,134
Total Deductions79%5,335$2,640$14,083,048
Taxation
Taxable Income99%6,710$41,455$278,163,222
Medicare Levy 66%4,440$816$3,623,781
Medicare Surcharge 1%80$1,108$88,615
Gross Tax 77%5,180$9,078$47,022,913
Net Tax 69%4,650$10,206$47,459,142
Average Tax 100%6,750 $7,031$47,459,142
Gross Tax Rate 77%5,180 22%$47,022,913
Net Tax Rate 69%4,650 25%$47,459,142
Average Tax Rate 100%6,750 17%$47,459,142
%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 $41,455. It is estimated that the average taxable income for people who paid a net amount of tax was $54504.

The average net tax paid was $10,206. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 4,440 people for an average of $816. 80 people paid $1,108 on average more for the Medicare surcharge.

5,030 people earned a salary or wage and took home an average of $44,636 each.

Government allowance and payments were collected by 515 people for on average $5,270. 485 people received the pension or other allowance.

Charitable gifts and donations of an average of $321 were made by 2,440 people.

The costs of tax affairs for 3,230 people were claimed for $295 each.