TaxStats for postcode 3251 FY2013

Postcode 3251 includes Beeac, Cundare, Cundare North, Eurack, Weering in Victoria, and is in the federal electorate of Corangamite.

In FY 2013 the ATO recorded 305 individuals in postcode 3251. Of these people, 300 made a taxable income or loss. 220 of the population paid a gross amount of tax. After tax offsets, 190 people actually paid a net amount of tax. There were 110 non-taxable people who paid net tax of $0.

Compare TaxStats of 3251 with VIC

3251 TaxStats FY2013%Ppl#Ppl3251
Total Individuals100%305
Salary or Wage 67%205$43,791$8,977,176
Gross Interest57%175$2,014$352,481
Unfranked Dividends15%45$564$25,383
Franked Dividends26%80$3,127$250,170
Dividend Franking Credit26%80$1,340$107,189
Capital Gains5%15$5,427$81,406
Termination Payouts2%5$2,200$10,999
Tips/Directors Fees etc25%75$2,675$200,597
Business Income13%40$4,213$168,515
Foreign Income3%10$354$3,545
Government payments11%35$5,483$191,900
Government pensions5%15$13,691$205,364
Total Income or Loss100%305$39,461$12,035,736
Charitable Gifts26%80$184$14,730
Cost of Tax Affairs43%130$305$39,682
Work Car expenses20%60$2,807$168,448
Work Travel expenses7%20$3,000$60,010
Self Education expenses3%10$2,054$20,539
Total Deductions72%220$3,369$741,151
Taxable Income98%300$36,848$11,054,299
Medicare Levy 59%180$813$146,284
Medicare Surcharge 2%5$712$3,559
Gross Tax 72%220$8,406$1,849,258
Net Tax 62%190$9,579$1,820,078
Average Tax 100%305 $5,967$1,820,078
Gross Tax Rate 72%220 23%$1,849,258
Net Tax Rate 62%190 26%$1,820,078
Average Tax Rate 100%305 16%$1,820,078
%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 $36,848. It is estimated that the average taxable income for people who paid a net amount of tax was $51233.

The average net tax paid was $9,579. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 180 people for an average of $813. 5 people paid $712 on average more for the Medicare surcharge.

205 people earned a salary or wage and took home an average of $43,791 each.

Government allowance and payments were collected by 35 people for on average $5,483. 15 people received the pension or other allowance.

Charitable gifts and donations of an average of $184 were made by 80 people.

The costs of tax affairs for 130 people were claimed for $305 each.