TaxStats for postcode 3825 FY2013
Postcode 3825 includes Aberfeldy, Amor, Boola, Caringal, Coalville, Coopers Creek, Erica, Fumina, Fumina South, Hernes Oak, Hill End, Jacob Creek, Jericho, Moe, Moe South, Moondarra, Newborough, Newborough East, Rawson, Tanjil, Tanjil South, Thalloo, Thaloo, Thomson, Toombon, Walhalla, Walhalla, Walhalla East, Westbury, Willow Grove, Yallourn, Yallourn North in Victoria, and is in the federal electorate of McMillan.
In FY 2013 the ATO recorded 9,800 individuals in postcode 3825. Of these people, 9,755 made a taxable income or loss. 7,620 of the population paid a gross amount of tax. After tax offsets, 6,815 people actually paid a net amount of tax. There were 2,940 non-taxable people who paid net tax of $0.
Compare TaxStats of 3825 with VIC
| 3825 TaxStats FY2013 | %Ppl | #Ppl | 3825 Avg | 3825 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 9,800 | ||
| Income | ||||
| Salary or Wage | 82% | 8,010 | $50,725 | $406,304,223 |
| Gross Interest | 51% | 5,020 | $1,480 | $7,427,115 |
| Unfranked Dividends | 10% | 965 | $402 | $387,792 |
| Franked Dividends | 20% | 1,980 | $4,385 | $8,682,839 |
| Dividend Franking Credit | 20% | 1,975 | $1,886 | $3,724,952 |
| Capital Gains | 4% | 400 | $8,171 | $3,268,483 |
| Termination Payouts | 5% | 470 | $13,167 | $6,188,327 |
| Tips/Directors Fees etc | 25% | 2,445 | $2,232 | $5,457,434 |
| Business Income | 7% | 705 | $9,167 | $6,462,849 |
| Foreign Income | 5% | 480 | $257 | $123,448 |
| Government payments | 11% | 1,120 | $5,688 | $6,371,029 |
| Government pensions | 7% | 700 | $10,184 | $7,128,919 |
| Total Income or Loss | 100% | 9,770 | $49,623 | $484,818,694 |
| Deducations | ||||
| Charitable Gifts | 48% | 4,745 | $223 | $1,058,532 |
| Cost of Tax Affairs | 54% | 5,245 | $213 | $1,114,653 |
| Work Car expenses | 32% | 3,145 | $2,310 | $7,264,232 |
| Work Travel expenses | 8% | 805 | $1,969 | $1,585,382 |
| Self Education expenses | 4% | 405 | $1,675 | $678,287 |
| Total Deductions | 82% | 8,080 | $2,628 | $21,231,912 |
| Taxation | ||||
| Taxable Income | 100% | 9,755 | $47,480 | $463,164,722 |
| Medicare Levy | 66% | 6,505 | $948 | $6,166,353 |
| Medicare Surcharge | 2% | 225 | $1,398 | $314,501 |
| Gross Tax | 78% | 7,620 | $11,583 | $88,258,848 |
| Net Tax | 70% | 6,815 | $13,180 | $89,820,653 |
| Average Tax | 100% | 9,800 | $9,165 | $89,820,653 |
| Gross Tax Rate | 78% | 7,620 | 24% | $88,258,848 |
| Net Tax Rate | 70% | 6,815 | 28% | $89,820,653 |
| Average Tax Rate | 100% | 9,800 | 19% | $89,820,653 |
| %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 $47,480. It is estimated that the average taxable income for people who paid a net amount of tax was $62786.
The average net tax paid was $13,180. This equates to an average tax of 28 cents in the dollar on taxable income.
The Medicare levy was paid by 6,505 people for an average of $948. 225 people paid $1,398 on average more for the Medicare surcharge.
8,010 people earned a salary or wage and took home an average of $50,725 each.
Government allowance and payments were collected by 1,120 people for on average $5,688. 700 people received the pension or other allowance.
Charitable gifts and donations of an average of $223 were made by 4,745 people.
The costs of tax affairs for 5,245 people were claimed for $213 each.