TaxStats for postcode 3310 FY2013

Postcode 3310 includes Merino, Tahara West in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 155 individuals in postcode 3310. Of these people, 155 made a taxable income or loss. 105 of the population paid a gross amount of tax. After tax offsets, 85 people actually paid a net amount of tax. There were 70 non-taxable people who paid net tax of $0.

Compare TaxStats of 3310 with VIC

3310 TaxStats FY2013%Ppl#Ppl3310
Avg
3310
Total
Total Individuals100%155
Income
Salary or Wage 65%100$33,620$3,362,003
Gross Interest65%100$1,872$187,203
Unfranked Dividends26%40$1,124$44,952
Franked Dividends32%50$2,809$140,440
Dividend Franking Credit32%50$1,204$60,176
Capital Gains3%5$3,375$16,873
Termination Payouts3%5$2,610$13,048
Tips/Directors Fees etc23%35$1,816$63,558
Business Income13%20$1,610$32,208
Foreign Income6%10$228$2,275
Government payments13%20$7,481$149,612
Government pensions10%15$12,535$188,025
Total Income or Loss100%155$32,066$4,970,161
Deducations
Charitable Gifts29%45$322$14,505
Cost of Tax Affairs39%60$276$16,543
Work Car expenses23%35$2,699$94,470
Work Travel expenses10%15$3,084$46,264
Self Education expenses3%5$685$3,427
Total Deductions74%115$2,265$260,504
Taxation
Taxable Income100%155$30,125$4,669,311
Medicare Levy 52%80$642$51,328
Medicare Surcharge %0$$0
Gross Tax 68%105$5,722$600,816
Net Tax 55%85$6,924$588,555
Average Tax 100%155 $3,797$588,555
Gross Tax Rate 68%105 19%$600,816
Net Tax Rate 55%85 23%$588,555
Average Tax Rate 100%155 13%$588,555
%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 $30,125. It is estimated that the average taxable income for people who paid a net amount of tax was $45051.

The average net tax paid was $6,924. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 80 people for an average of $642.

100 people earned a salary or wage and took home an average of $33,620 each.

Government allowance and payments were collected by 20 people for on average $7,481. 15 people received the pension or other allowance.

Charitable gifts and donations of an average of $322 were made by 45 people.

The costs of tax affairs for 60 people were claimed for $276 each.