TaxStats for postcode 3227 FY2013

Postcode 3227 includes Barwon Heads, Breamlea, Connewarre in Victoria, and is in the federal electorate of Corangamite.

In FY 2013 the ATO recorded 2,800 individuals in postcode 3227. Of these people, 2,770 made a taxable income or loss. 2,145 of the population paid a gross amount of tax. After tax offsets, 1,935 people actually paid a net amount of tax. There were 835 non-taxable people who paid net tax of $0.

Compare TaxStats of 3227 with VIC

3227 TaxStats FY2013%Ppl#Ppl3227
Total Individuals100%2,800
Salary or Wage 70%1,950$53,522$104,368,057
Gross Interest58%1,615$2,661$4,297,019
Unfranked Dividends13%370$993$367,229
Franked Dividends30%850$9,656$8,207,364
Dividend Franking Credit30%850$4,138$3,517,057
Capital Gains7%200$16,785$3,356,998
Termination Payouts2%50$14,996$749,775
Tips/Directors Fees etc17%470$3,456$1,624,150
Business Income12%340$25,103$8,534,891
Foreign Income8%230$1,124$258,474
Government payments6%170$5,478$931,317
Government pensions5%150$7,513$1,127,019
Total Income or Loss99%2,775$59,653$165,537,584
Charitable Gifts40%1,110$648$719,038
Cost of Tax Affairs50%1,410$539$760,277
Work Car expenses28%780$2,612$2,037,231
Work Travel expenses9%255$1,564$398,822
Self Education expenses4%100$1,938$193,815
Total Deductions80%2,250$4,141$9,317,302
Taxable Income99%2,770$56,094$155,379,447
Medicare Levy 67%1,870$1,112$2,079,729
Medicare Surcharge 1%25$1,050$26,258
Gross Tax 77%2,145$16,010$34,341,130
Net Tax 69%1,935$18,028$34,884,237
Average Tax 100%2,800 $12,459$34,884,237
Gross Tax Rate 77%2,145 29%$34,341,130
Net Tax Rate 69%1,935 32%$34,884,237
Average Tax Rate 100%2,800 22%$34,884,237
%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 $56,094. It is estimated that the average taxable income for people who paid a net amount of tax was $75121.

The average net tax paid was $18,028. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 1,870 people for an average of $1,112. 25 people paid $1,050 on average more for the Medicare surcharge.

1,950 people earned a salary or wage and took home an average of $53,522 each.

Government allowance and payments were collected by 170 people for on average $5,478. 150 people received the pension or other allowance.

Charitable gifts and donations of an average of $648 were made by 1,110 people.

The costs of tax affairs for 1,410 people were claimed for $539 each.