TaxStats for postcode 3211 FY2013

Postcode 3211 includes Little River, Little River in Victoria, and is in the federal electorate of Corio.

In FY 2013 the ATO recorded 770 individuals in postcode 3211. Of these people, 760 made a taxable income or loss. 615 of the population paid a gross amount of tax. After tax offsets, 575 people actually paid a net amount of tax. There were 185 non-taxable people who paid net tax of $0.

Compare TaxStats of 3211 with VIC

3211 TaxStats FY2013%Ppl#Ppl3211
Total Individuals100%770
Salary or Wage 79%610$57,111$34,837,982
Gross Interest54%415$2,376$986,140
Unfranked Dividends11%85$340$28,915
Franked Dividends23%180$3,605$648,987
Dividend Franking Credit23%175$1,589$278,062
Capital Gains5%35$40,516$1,418,064
Termination Payouts3%20$18,749$374,977
Tips/Directors Fees etc21%160$4,870$779,219
Business Income9%70$-1,469$-102,842
Foreign Income4%30$609$18,284
Government payments4%30$4,603$138,100
Government pensions5%40$8,839$353,568
Total Income or Loss99%765$58,394$44,671,360
Charitable Gifts40%310$229$71,038
Cost of Tax Affairs56%435$334$145,207
Work Car expenses30%230$3,604$828,872
Work Travel expenses10%75$1,673$125,476
Self Education expenses3%25$1,317$32,929
Total Deductions84%645$3,430$2,212,620
Taxable Income99%760$55,774$42,388,196
Medicare Levy 72%555$1,079$598,737
Medicare Surcharge 2%15$783$11,742
Gross Tax 80%615$15,190$9,341,839
Net Tax 75%575$16,781$9,648,892
Average Tax 100%770 $12,531$9,648,892
Gross Tax Rate 80%615 27%$9,341,839
Net Tax Rate 75%575 30%$9,648,892
Average Tax Rate 100%770 22%$9,648,892
%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 $55,774. It is estimated that the average taxable income for people who paid a net amount of tax was $69858.

The average net tax paid was $16,781. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 555 people for an average of $1,079. 15 people paid $783 on average more for the Medicare surcharge.

610 people earned a salary or wage and took home an average of $57,111 each.

Government allowance and payments were collected by 30 people for on average $4,603. 40 people received the pension or other allowance.

Charitable gifts and donations of an average of $229 were made by 310 people.

The costs of tax affairs for 435 people were claimed for $334 each.