TaxStats for postcode 3265 FY2013

Postcode 3265 includes Boorcan, Cudgee, Dixie, Ecklin South, Ellerslie, Framlingham, Framlingham East, Garvoc, Glenormiston North, Glenormiston South, Kolora, Laang, Noorat, Noorat East, Panmure, Taroon, The Sisters in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 1,350 individuals in postcode 3265. Of these people, 1,325 made a taxable income or loss. 970 of the population paid a gross amount of tax. After tax offsets, 845 people actually paid a net amount of tax. There were 480 non-taxable people who paid net tax of $0.

Compare TaxStats of 3265 with VIC

3265 TaxStats FY2013%Ppl#Ppl3265
Avg
3265
Total
Total Individuals100%1,350
Income
Salary or Wage 64%870$36,581$31,825,886
Gross Interest58%785$2,543$1,996,570
Unfranked Dividends20%265$892$236,331
Franked Dividends31%415$3,666$1,521,487
Dividend Franking Credit31%415$1,571$651,898
Capital Gains7%90$9,813$883,145
Termination Payouts1%15$5,635$84,532
Tips/Directors Fees etc15%205$1,440$295,276
Business Income10%140$11,175$1,564,525
Foreign Income8%105$486$50,983
Government payments7%100$5,076$507,647
Government pensions5%65$8,834$574,184
Total Income or Loss99%1,335$36,335$48,507,758
Deducations
Charitable Gifts32%435$214$93,140
Cost of Tax Affairs42%570$293$166,789
Work Car expenses23%310$2,059$638,152
Work Travel expenses5%70$1,959$137,144
Self Education expenses4%50$1,941$97,038
Total Deductions73%980$2,989$2,929,545
Taxation
Taxable Income98%1,325$34,198$45,312,454
Medicare Levy 59%795$772$613,552
Medicare Surcharge 1%20$1,811$36,211
Gross Tax 72%970$7,939$7,701,014
Net Tax 63%845$8,964$7,574,279
Average Tax 100%1,350 $5,611$7,574,279
Gross Tax Rate 72%970 23%$7,701,014
Net Tax Rate 63%845 26%$7,574,279
Average Tax Rate 100%1,350 16%$7,574,279
%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 $34,198. It is estimated that the average taxable income for people who paid a net amount of tax was $46808.

The average net tax paid was $8,964. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 795 people for an average of $772. 20 people paid $1,811 on average more for the Medicare surcharge.

870 people earned a salary or wage and took home an average of $36,581 each.

Government allowance and payments were collected by 100 people for on average $5,076. 65 people received the pension or other allowance.

Charitable gifts and donations of an average of $214 were made by 435 people.

The costs of tax affairs for 570 people were claimed for $293 each.