TaxStats for postcode 3235 FY2013

Postcode 3235 includes Benwerrin, Boonah, Deans Marsh, Pennyroyal in Victoria, and is in the federal electorate of Corangamite.

In FY 2013 the ATO recorded 230 individuals in postcode 3235. Of these people, 225 made a taxable income or loss. 150 of the population paid a gross amount of tax. After tax offsets, 125 people actually paid a net amount of tax. There were 100 non-taxable people who paid net tax of $0.

Compare TaxStats of 3235 with VIC

3235 TaxStats FY2013%Ppl#Ppl3235
Total Individuals100%230
Salary or Wage 61%140$44,133$6,178,601
Gross Interest54%125$2,396$299,547
Unfranked Dividends9%20$1,073$21,452
Franked Dividends22%50$4,835$241,733
Dividend Franking Credit22%50$2,069$103,437
Capital Gains9%20$17,084$341,690
Termination Payouts2%5$2,922$14,611
Tips/Directors Fees etc15%35$3,696$129,377
Business Income20%45$15,365$691,422
Foreign Income7%15$4,379$65,681
Government payments9%20$7,074$141,484
Government pensions4%10$11,586$115,862
Total Income or Loss100%230$39,973$9,193,687
Charitable Gifts26%60$958$57,488
Cost of Tax Affairs46%105$319$33,498
Work Car expenses20%45$2,543$114,422
Work Travel expenses4%10$1,950$19,503
Self Education expenses4%10$1,035$10,350
Total Deductions70%160$3,286$525,692
Taxable Income98%225$37,938$8,536,042
Medicare Levy 52%120$889$106,717
Medicare Surcharge 2%5$707$3,533
Gross Tax 65%150$10,108$1,516,213
Net Tax 54%125$12,192$1,523,975
Average Tax 100%230 $6,626$1,523,975
Gross Tax Rate 65%150 27%$1,516,213
Net Tax Rate 54%125 32%$1,523,975
Average Tax Rate 100%230 17%$1,523,975
%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 $37,938. It is estimated that the average taxable income for people who paid a net amount of tax was $58688.

The average net tax paid was $12,192. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 120 people for an average of $889. 5 people paid $707 on average more for the Medicare surcharge.

140 people earned a salary or wage and took home an average of $44,133 each.

Government allowance and payments were collected by 20 people for on average $7,074. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $958 were made by 60 people.

The costs of tax affairs for 105 people were claimed for $319 each.