TaxStats for postcode 3217 FY2013

Postcode 3217 includes Armstrong Creek, Freshwater Creek, Mount Duneed in Victoria, and is in the federal electorate of Corangamite.

In FY 2013 the ATO recorded 680 individuals in postcode 3217. Of these people, 680 made a taxable income or loss. 565 of the population paid a gross amount of tax. After tax offsets, 515 people actually paid a net amount of tax. There were 165 non-taxable people who paid net tax of $0.

Compare TaxStats of 3217 with VIC

3217 TaxStats FY2013%Ppl#Ppl3217
Total Individuals100%680
Salary or Wage 80%545$51,011$27,800,969
Gross Interest66%450$2,306$1,037,485
Unfranked Dividends10%65$1,080$70,229
Franked Dividends22%150$7,077$1,061,550
Dividend Franking Credit22%150$3,033$454,919
Capital Gains5%35$5,689$199,128
Termination Payouts3%20$10,819$216,374
Tips/Directors Fees etc23%155$2,061$319,515
Business Income9%60$17,184$1,031,015
Foreign Income6%40$514$20,566
Government payments7%50$4,150$207,499
Government pensions4%30$7,942$238,249
Total Income or Loss100%680$52,802$35,905,336
Charitable Gifts42%285$271$77,321
Cost of Tax Affairs52%355$271$96,379
Work Car expenses35%235$2,314$543,679
Work Travel expenses12%80$698$55,838
Self Education expenses5%35$1,289$45,125
Total Deductions82%555$3,114$1,728,120
Taxable Income100%680$50,199$34,135,489
Medicare Levy 74%505$926$467,533
Medicare Surcharge 1%5$1,384$6,922
Gross Tax 83%565$11,432$6,459,305
Net Tax 76%515$12,884$6,635,447
Average Tax 100%680 $9,758$6,635,447
Gross Tax Rate 83%565 23%$6,459,305
Net Tax Rate 76%515 26%$6,635,447
Average Tax Rate 100%680 19%$6,635,447
%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 $50,199. It is estimated that the average taxable income for people who paid a net amount of tax was $62438.

The average net tax paid was $12,884. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 505 people for an average of $926. 5 people paid $1,384 on average more for the Medicare surcharge.

545 people earned a salary or wage and took home an average of $51,011 each.

Government allowance and payments were collected by 50 people for on average $4,150. 30 people received the pension or other allowance.

Charitable gifts and donations of an average of $271 were made by 285 people.

The costs of tax affairs for 355 people were claimed for $271 each.