TaxStats for postcode 3243 FY2013

Postcode 3243 includes Barwon Downs, Murroon, Warncoort, Whoorel in Victoria, and is in the federal electorate of Corangamite.

In FY 2013 the ATO recorded 210 individuals in postcode 3243. Of these people, 205 made a taxable income or loss. 135 of the population paid a gross amount of tax. After tax offsets, 115 people actually paid a net amount of tax. There were 90 non-taxable people who paid net tax of $0.

Compare TaxStats of 3243 with VIC

3243 TaxStats FY2013%Ppl#Ppl3243
Total Individuals100%210
Salary or Wage 55%115$40,382$4,643,922
Gross Interest60%125$2,444$305,484
Unfranked Dividends17%35$1,407$49,256
Franked Dividends33%70$10,338$723,678
Dividend Franking Credit33%70$4,419$309,319
Capital Gains5%10$11,479$114,794
Termination Payouts2%5$4,414$22,069
Tips/Directors Fees etc17%35$2,568$89,865
Business Income14%30$1,564$46,909
Foreign Income2%5$437$2,183
Government payments7%15$6,425$96,382
Government pensions7%15$10,302$154,534
Total Income or Loss100%210$37,560$7,887,639
Charitable Gifts26%55$208$11,449
Cost of Tax Affairs36%75$321$24,049
Work Car expenses14%30$2,715$81,440
Work Travel expenses7%15$4,174$62,609
Self Education expenses5%10$2,097$20,969
Total Deductions67%140$2,909$407,315
Taxable Income98%205$35,700$7,318,472
Medicare Levy 50%105$888$93,255
Medicare Surcharge 2%5$1,151$5,754
Gross Tax 64%135$10,075$1,360,075
Net Tax 55%115$11,939$1,373,039
Average Tax 100%210 $6,538$1,373,039
Gross Tax Rate 64%135 28%$1,360,075
Net Tax Rate 55%115 33%$1,373,039
Average Tax Rate 100%210 18%$1,373,039
%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 $35,700. It is estimated that the average taxable income for people who paid a net amount of tax was $54248.

The average net tax paid was $11,939. This equates to an average tax of 33 cents in the dollar on taxable income.

The Medicare levy was paid by 105 people for an average of $888. 5 people paid $1,151 on average more for the Medicare surcharge.

115 people earned a salary or wage and took home an average of $40,382 each.

Government allowance and payments were collected by 15 people for on average $6,425. 15 people received the pension or other allowance.

Charitable gifts and donations of an average of $208 were made by 55 people.

The costs of tax affairs for 75 people were claimed for $321 each.