TaxStats for postcode 3278 FY2013

Postcode 3278 includes Purnim, Purnim West in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 155 individuals in postcode 3278. Of these people, 150 made a taxable income or loss. 110 of the population paid a gross amount of tax. After tax offsets, 95 people actually paid a net amount of tax. There were 55 non-taxable people who paid net tax of $0.

Compare TaxStats of 3278 with VIC

3278 TaxStats FY2013%Ppl#Ppl3278
Avg
3278
Total
Total Individuals100%155
Income
Salary or Wage 74%115$41,240$4,742,652
Gross Interest58%90$1,468$132,096
Unfranked Dividends19%30$310$9,288
Franked Dividends32%50$3,417$170,835
Dividend Franking Credit32%50$1,464$73,203
Capital Gains3%5$11,999$59,997
Termination Payouts3%5$2,360$11,799
Tips/Directors Fees etc19%30$1,794$53,825
Business Income6%10$19,349$193,491
Foreign Income6%10$634$6,345
Government payments10%15$6,750$101,250
Government pensions3%5$10,702$53,512
Total Income or Loss100%155$37,479$5,809,301
Deducations
Charitable Gifts35%55$148$8,130
Cost of Tax Affairs42%65$242$15,749
Work Car expenses29%45$2,256$101,498
Work Travel expenses10%15$976$14,633
Self Education expenses6%10$1,589$15,889
Total Deductions77%120$2,886$346,310
Taxation
Taxable Income97%150$36,419$5,462,854
Medicare Levy 61%95$788$74,835
Medicare Surcharge 3%5$1,362$6,812
Gross Tax 71%110$8,349$918,399
Net Tax 61%95$10,001$950,087
Average Tax 100%155 $6,130$950,087
Gross Tax Rate 71%110 23%$918,399
Net Tax Rate 61%95 27%$950,087
Average Tax Rate 100%155 17%$950,087
%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 $36,419. It is estimated that the average taxable income for people who paid a net amount of tax was $50556.

The average net tax paid was $10,001. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 95 people for an average of $788. 5 people paid $1,362 on average more for the Medicare surcharge.

115 people earned a salary or wage and took home an average of $41,240 each.

Government allowance and payments were collected by 15 people for on average $6,750. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $148 were made by 55 people.

The costs of tax affairs for 65 people were claimed for $242 each.