TaxStats for postcode 3228 FY2013
Postcode 3228 includes Bellbrae, Bells Beach, Jan Juc, Torquay in Victoria, and is in the federal electorate of Corangamite.
In FY 2013 the ATO recorded 10,100 individuals in postcode 3228. Of these people, 10,035 made a taxable income or loss. 7,935 of the population paid a gross amount of tax. After tax offsets, 7,275 people actually paid a net amount of tax. There were 2,760 non-taxable people who paid net tax of $0.
Compare TaxStats of 3228 with VIC
| 3228 TaxStats FY2013 | %Ppl | #Ppl | 3228 Avg | 3228 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 10,100 | ||
| Income | ||||
| Salary or Wage | 73% | 7,395 | $53,927 | $398,791,137 |
| Gross Interest | 59% | 5,925 | $2,057 | $12,187,420 |
| Unfranked Dividends | 11% | 1,105 | $678 | $749,489 |
| Franked Dividends | 26% | 2,675 | $8,270 | $22,121,019 |
| Dividend Franking Credit | 26% | 2,665 | $3,556 | $9,475,437 |
| Capital Gains | 6% | 580 | $20,682 | $11,995,421 |
| Termination Payouts | 2% | 215 | $18,704 | $4,021,434 |
| Tips/Directors Fees etc | 18% | 1,860 | $3,489 | $6,488,769 |
| Business Income | 12% | 1,235 | $24,361 | $30,085,469 |
| Foreign Income | 6% | 585 | $1,106 | $647,106 |
| Government payments | 7% | 660 | $5,011 | $3,307,122 |
| Government pensions | 5% | 520 | $9,145 | $4,755,320 |
| Total Income or Loss | 100% | 10,060 | $57,817 | $581,636,096 |
| Deducations | ||||
| Charitable Gifts | 37% | 3,735 | $397 | $1,484,034 |
| Cost of Tax Affairs | 49% | 4,910 | $388 | $1,906,178 |
| Work Car expenses | 30% | 3,065 | $2,706 | $8,294,606 |
| Work Travel expenses | 10% | 1,030 | $1,372 | $1,413,415 |
| Self Education expenses | 4% | 375 | $1,803 | $676,109 |
| Total Deductions | 79% | 7,990 | $3,523 | $28,147,064 |
| Taxation | ||||
| Taxable Income | 99% | 10,035 | $55,070 | $552,631,809 |
| Medicare Levy | 70% | 7,050 | $1,078 | $7,597,959 |
| Medicare Surcharge | 1% | 115 | $1,449 | $166,626 |
| Gross Tax | 79% | 7,935 | $15,142 | $120,154,361 |
| Net Tax | 72% | 7,275 | $16,892 | $122,886,514 |
| Average Tax | 100% | 10,100 | $12,167 | $122,886,514 |
| Gross Tax Rate | 79% | 7,935 | 27% | $120,154,361 |
| Net Tax Rate | 72% | 7,275 | 31% | $122,886,514 |
| Average Tax Rate | 100% | 10,100 | 22% | $122,886,514 |
| %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 $55,070. It is estimated that the average taxable income for people who paid a net amount of tax was $71411.
The average net tax paid was $16,892. This equates to an average tax of 31 cents in the dollar on taxable income.
The Medicare levy was paid by 7,050 people for an average of $1,078. 115 people paid $1,449 on average more for the Medicare surcharge.
7,395 people earned a salary or wage and took home an average of $53,927 each.
Government allowance and payments were collected by 660 people for on average $5,011. 520 people received the pension or other allowance.
Charitable gifts and donations of an average of $397 were made by 3,735 people.
The costs of tax affairs for 4,910 people were claimed for $388 each.