TaxStats for postcode 3231 FY2013

Postcode 3231 includes Aireys Inlet, Big Hill, Eastern View, Fairhaven, Moggs Creek in Victoria, and is in the federal electorate of Corangamite.

In FY 2013 the ATO recorded 760 individuals in postcode 3231. Of these people, 760 made a taxable income or loss. 545 of the population paid a gross amount of tax. After tax offsets, 495 people actually paid a net amount of tax. There were 265 non-taxable people who paid net tax of $0.

Compare TaxStats of 3231 with VIC

3231 TaxStats FY2013%Ppl#Ppl3231
Total Individuals100%760
Salary or Wage 61%465$46,482$21,613,987
Gross Interest61%465$2,818$1,310,261
Unfranked Dividends18%135$1,054$142,343
Franked Dividends38%290$12,373$3,588,267
Dividend Franking Credit38%290$5,297$1,536,033
Capital Gains9%65$22,624$1,470,557
Termination Payouts1%10$30,581$305,810
Tips/Directors Fees etc13%100$2,464$246,436
Business Income15%115$22,743$2,615,406
Foreign Income11%85$415$35,302
Government payments8%60$5,490$329,387
Government pensions9%65$8,676$563,934
Total Income or Loss100%760$52,936$40,231,649
Charitable Gifts37%280$596$166,914
Cost of Tax Affairs49%370$533$197,341
Work Car expenses20%155$2,802$434,331
Work Travel expenses7%55$1,621$89,164
Self Education expenses3%25$989$24,716
Total Deductions76%580$4,228$2,452,269
Taxable Income100%760$49,205$37,395,625
Medicare Levy 64%485$1,034$501,534
Medicare Surcharge 1%5$1,757$8,784
Gross Tax 72%545$14,419$7,858,582
Net Tax 65%495$16,130$7,984,551
Average Tax 100%760 $10,506$7,984,551
Gross Tax Rate 72%545 29%$7,858,582
Net Tax Rate 65%495 33%$7,984,551
Average Tax Rate 100%760 21%$7,984,551
%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 $49,205. It is estimated that the average taxable income for people who paid a net amount of tax was $69122.

The average net tax paid was $16,130. This equates to an average tax of 33 cents in the dollar on taxable income.

The Medicare levy was paid by 485 people for an average of $1,034. 5 people paid $1,757 on average more for the Medicare surcharge.

465 people earned a salary or wage and took home an average of $46,482 each.

Government allowance and payments were collected by 60 people for on average $5,490. 65 people received the pension or other allowance.

Charitable gifts and donations of an average of $596 were made by 280 people.

The costs of tax affairs for 370 people were claimed for $533 each.