TaxStats for postcode 3233 FY2013

Postcode 3233 includes Apollo Bay, Cape Otway, Marengo, Petticoat Creek, Skenes Creek, Skenes Creek North in Victoria, and is in the federal electorate of Corangamite.

In FY 2013 the ATO recorded 1,310 individuals in postcode 3233. Of these people, 1,295 made a taxable income or loss. 950 of the population paid a gross amount of tax. After tax offsets, 810 people actually paid a net amount of tax. There were 485 non-taxable people who paid net tax of $0.

Compare TaxStats of 3233 with VIC

3233 TaxStats FY2013%Ppl#Ppl3233
Avg
3233
Total
Total Individuals100%1,310
Income
Salary or Wage 66%860$36,590$31,467,489
Gross Interest60%790$2,697$2,130,331
Unfranked Dividends13%170$651$110,707
Franked Dividends26%335$4,119$1,379,976
Dividend Franking Credit26%335$1,766$591,657
Capital Gains4%55$14,504$797,739
Termination Payouts2%20$11,379$227,578
Tips/Directors Fees etc13%165$4,187$690,813
Business Income17%225$15,264$3,434,416
Foreign Income5%70$2,576$180,287
Government payments7%95$5,726$543,976
Government pensions6%85$10,476$890,422
Total Income or Loss100%1,305$38,792$50,622,969
Deducations
Charitable Gifts29%380$415$157,557
Cost of Tax Affairs44%570$428$243,901
Work Car expenses21%270$2,227$601,181
Work Travel expenses6%80$1,192$95,349
Self Education expenses3%35$2,422$84,767
Total Deductions74%965$2,517$2,428,702
Taxation
Taxable Income99%1,295$36,899$47,783,911
Medicare Levy 58%765$760$581,405
Medicare Surcharge 1%10$2,148$21,478
Gross Tax 73%950$7,864$7,470,489
Net Tax 62%810$9,165$7,423,427
Average Tax 100%1,310 $5,667$7,423,427
Gross Tax Rate 73%950 21%$7,470,489
Net Tax Rate 62%810 25%$7,423,427
Average Tax Rate 100%1,310 15%$7,423,427
%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 $36,899. It is estimated that the average taxable income for people who paid a net amount of tax was $51807.

The average net tax paid was $9,165. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 765 people for an average of $760. 10 people paid $2,148 on average more for the Medicare surcharge.

860 people earned a salary or wage and took home an average of $36,590 each.

Government allowance and payments were collected by 95 people for on average $5,726. 85 people received the pension or other allowance.

Charitable gifts and donations of an average of $415 were made by 380 people.

The costs of tax affairs for 570 people were claimed for $428 each.