TaxStats for postcode 3237 FY2013

Postcode 3237 includes Aire Valley, Beech Forest, Ferguson, Gellibrand Lower, Wattle Hill, Weeaproinah, Wyelangta, Yuulong in Victoria, and is in the federal electorate of Corangamite.

In FY 2013 the ATO recorded 120 individuals in postcode 3237. Of these people, 120 made a taxable income or loss. 70 of the population paid a gross amount of tax. After tax offsets, 55 people actually paid a net amount of tax. There were 65 non-taxable people who paid net tax of $0.

Compare TaxStats of 3237 with VIC

3237 TaxStats FY2013%Ppl#Ppl3237
Total Individuals100%120
Salary or Wage 54%65$33,680$2,189,211
Gross Interest54%65$2,429$157,855
Unfranked Dividends12%15$283$4,247
Franked Dividends21%25$2,122$53,061
Dividend Franking Credit21%25$909$22,729
Capital Gains4%5$30,280$151,402
Termination Payouts4%5$1,442$7,211
Tips/Directors Fees etc12%15$1,370$20,556
Business Income25%30$3,422$102,648
Foreign Income4%5$57$283
Government payments8%10$3,624$36,244
Government pensions8%10$9,424$94,235
Total Income or Loss100%120$29,548$3,545,737
Charitable Gifts21%25$516$12,911
Cost of Tax Affairs38%45$332$14,944
Work Car expenses17%20$2,031$40,626
Work Travel expenses4%5$921$4,606
Self Education expenses4%5$1,452$7,258
Total Deductions62%75$1,946$145,961
Taxable Income100%120$28,261$3,391,264
Medicare Levy 42%50$785$39,266
Medicare Surcharge %0$$0
Gross Tax 58%70$7,389$517,208
Net Tax 46%55$8,565$471,084
Average Tax 100%120 $3,926$471,084
Gross Tax Rate 58%70 26%$517,208
Net Tax Rate 46%55 30%$471,084
Average Tax Rate 100%120 14%$471,084
%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 $28,261. It is estimated that the average taxable income for people who paid a net amount of tax was $47478.

The average net tax paid was $8,565. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 50 people for an average of $785.

65 people earned a salary or wage and took home an average of $33,680 each.

Government allowance and payments were collected by 10 people for on average $3,624. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $516 were made by 25 people.

The costs of tax affairs for 45 people were claimed for $332 each.