TaxStats for postcode 3260 FY2013

Postcode 3260 includes Bookaar, Bostocks Creek, Bungador, Camperdown, Carpendeit, Chocolyn, Gnotuk, Kariah, Koallah, Leslie Manor, Pomborneit, Pomborneit North, Skibo, South Purrumbete, Stonyford, Tandarook, Tesbury, Weerite in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 2,675 individuals in postcode 3260. Of these people, 2,640 made a taxable income or loss. 1,940 of the population paid a gross amount of tax. After tax offsets, 1,690 people actually paid a net amount of tax. There were 950 non-taxable people who paid net tax of $0.

Compare TaxStats of 3260 with VIC

3260 TaxStats FY2013%Ppl#Ppl3260
Avg
3260
Total
Total Individuals100%2,675
Income
Salary or Wage 67%1,800$41,231$74,214,975
Gross Interest62%1,650$2,375$3,917,938
Unfranked Dividends16%440$1,281$563,473
Franked Dividends28%755$4,794$3,619,355
Dividend Franking Credit28%755$2,053$1,549,857
Capital Gains5%130$10,721$1,393,731
Termination Payouts1%20$5,920$118,395
Tips/Directors Fees etc20%535$1,754$938,434
Business Income10%275$-2,830$-778,224
Foreign Income6%170$438$74,492
Government payments7%190$4,689$890,896
Government pensions7%200$9,641$1,928,244
Total Income or Loss99%2,660$39,430$104,884,553
Deducations
Charitable Gifts27%715$376$268,652
Cost of Tax Affairs50%1,340$285$382,041
Work Car expenses24%640$1,944$1,243,988
Work Travel expenses5%130$3,121$405,698
Self Education expenses3%80$2,226$178,066
Total Deductions78%2,085$2,684$5,596,215
Taxation
Taxable Income99%2,640$37,254$98,350,176
Medicare Levy 60%1,595$805$1,283,847
Medicare Surcharge 1%25$1,243$31,080
Gross Tax 73%1,940$8,644$16,769,255
Net Tax 63%1,690$9,851$16,648,787
Average Tax 100%2,675 $6,224$16,648,787
Gross Tax Rate 73%1,940 23%$16,769,255
Net Tax Rate 63%1,690 26%$16,648,787
Average Tax Rate 100%2,675 17%$16,648,787
%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 $37,254. It is estimated that the average taxable income for people who paid a net amount of tax was $51450.

The average net tax paid was $9,851. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,595 people for an average of $805. 25 people paid $1,243 on average more for the Medicare surcharge.

1,800 people earned a salary or wage and took home an average of $41,231 each.

Government allowance and payments were collected by 190 people for on average $4,689. 200 people received the pension or other allowance.

Charitable gifts and donations of an average of $376 were made by 715 people.

The costs of tax affairs for 1,340 people were claimed for $285 each.