TaxStats for postcode 3225 FY2013

Postcode 3225 includes Point Lonsdale, Queenscliff, Swan Bay, Swan Island in Victoria, and is in the federal electorate of Corangamite.

In FY 2013 the ATO recorded 2,565 individuals in postcode 3225. Of these people, 2,540 made a taxable income or loss. 1,860 of the population paid a gross amount of tax. After tax offsets, 1,595 people actually paid a net amount of tax. There were 945 non-taxable people who paid net tax of $0.

Compare TaxStats of 3225 with VIC

3225 TaxStats FY2013%Ppl#Ppl3225
Total Individuals100%2,565
Salary or Wage 55%1,420$49,458$70,230,628
Gross Interest66%1,685$4,094$6,898,786
Unfranked Dividends20%515$931$479,237
Franked Dividends44%1,125$13,078$14,712,498
Dividend Franking Credit44%1,120$5,629$6,304,465
Capital Gains9%230$14,592$3,356,120
Termination Payouts1%20$7,536$150,725
Tips/Directors Fees etc13%330$4,057$1,338,769
Business Income12%300$18,648$5,594,537
Foreign Income10%265$550$145,851
Government payments5%135$5,295$714,881
Government pensions12%310$8,940$2,771,424
Total Income or Loss99%2,550$55,557$141,669,132
Charitable Gifts38%975$667$650,078
Cost of Tax Affairs47%1,205$462$556,371
Work Car expenses19%480$2,513$1,206,463
Work Travel expenses7%175$1,277$223,470
Self Education expenses3%85$1,494$127,030
Total Deductions73%1,885$3,476$6,552,434
Taxable Income99%2,540$52,782$134,065,518
Medicare Levy 58%1,500$1,147$1,719,900
Medicare Surcharge 1%20$1,286$25,722
Gross Tax 73%1,860$16,240$30,205,967
Net Tax 62%1,595$19,089$30,446,658
Average Tax 100%2,565 $11,870$30,446,658
Gross Tax Rate 73%1,860 31%$30,205,967
Net Tax Rate 62%1,595 36%$30,446,658
Average Tax Rate 100%2,565 22%$30,446,658
%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 $52,782. It is estimated that the average taxable income for people who paid a net amount of tax was $76944.

The average net tax paid was $19,089. This equates to an average tax of 36 cents in the dollar on taxable income.

The Medicare levy was paid by 1,500 people for an average of $1,147. 20 people paid $1,286 on average more for the Medicare surcharge.

1,420 people earned a salary or wage and took home an average of $49,458 each.

Government allowance and payments were collected by 135 people for on average $5,295. 310 people received the pension or other allowance.

Charitable gifts and donations of an average of $667 were made by 975 people.

The costs of tax affairs for 1,205 people were claimed for $462 each.