TaxStats for postcode 3230 FY2013

Postcode 3230 includes Anglesea in Victoria, and is in the federal electorate of Corangamite.

In FY 2013 the ATO recorded 1,570 individuals in postcode 3230. Of these people, 1,560 made a taxable income or loss. 1,175 of the population paid a gross amount of tax. After tax offsets, 1,005 people actually paid a net amount of tax. There were 555 non-taxable people who paid net tax of $0.

Compare TaxStats of 3230 with VIC

3230 TaxStats FY2013%Ppl#Ppl3230
Avg
3230
Total
Total Individuals100%1,570
Income
Salary or Wage 65%1,025$44,347$45,455,418
Gross Interest61%955$2,692$2,570,664
Unfranked Dividends15%240$657$157,610
Franked Dividends34%530$7,099$3,762,213
Dividend Franking Credit33%525$3,066$1,609,660
Capital Gains6%100$14,849$1,484,906
Termination Payouts2%25$13,226$330,643
Tips/Directors Fees etc16%250$3,578$894,563
Business Income11%180$13,213$2,378,334
Foreign Income8%120$1,754$210,463
Government payments8%125$5,471$683,827
Government pensions9%140$8,472$1,186,136
Total Income or Loss100%1,565$45,317$70,921,501
Deducations
Charitable Gifts38%600$376$225,613
Cost of Tax Affairs52%815$527$429,895
Work Car expenses24%370$2,311$855,191
Work Travel expenses7%110$1,676$184,346
Self Education expenses3%50$1,469$73,459
Total Deductions76%1,195$2,822$3,372,493
Taxation
Taxable Income99%1,560$43,215$67,415,394
Medicare Levy 61%960$903$866,987
Medicare Surcharge 0%5$2,175$10,873
Gross Tax 75%1,175$10,584$12,436,554
Net Tax 64%1,005$12,405$12,467,470
Average Tax 100%1,570 $7,941$12,467,470
Gross Tax Rate 75%1,175 24%$12,436,554
Net Tax Rate 64%1,005 29%$12,467,470
Average Tax Rate 100%1,570 18%$12,467,470
%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 $43,215. It is estimated that the average taxable income for people who paid a net amount of tax was $60453.

The average net tax paid was $12,405. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 960 people for an average of $903. 5 people paid $2,175 on average more for the Medicare surcharge.

1,025 people earned a salary or wage and took home an average of $44,347 each.

Government allowance and payments were collected by 125 people for on average $5,471. 140 people received the pension or other allowance.

Charitable gifts and donations of an average of $376 were made by 600 people.

The costs of tax affairs for 815 people were claimed for $527 each.