TaxStats for postcode 3266 FY2013

Postcode 3266 includes Bullaharre, Cobden, Cobrico, Elingamite, Elingamite North, Glenfyne, Jancourt, Jancourt East, Naroghid, Simpson in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 1,735 individuals in postcode 3266. Of these people, 1,725 made a taxable income or loss. 1,250 of the population paid a gross amount of tax. After tax offsets, 1,100 people actually paid a net amount of tax. There were 625 non-taxable people who paid net tax of $0.

Compare TaxStats of 3266 with VIC

3266 TaxStats FY2013%Ppl#Ppl3266
Total Individuals100%1,735
Salary or Wage 64%1,115$40,980$45,693,145
Gross Interest59%1,020$2,547$2,597,833
Unfranked Dividends19%330$1,228$405,353
Franked Dividends29%500$2,484$1,242,111
Dividend Franking Credit29%500$1,065$532,253
Capital Gains7%115$6,223$715,629
Termination Payouts1%20$5,384$107,685
Tips/Directors Fees etc17%295$1,484$437,648
Business Income9%155$16,366$2,536,784
Foreign Income7%120$191$22,929
Government payments5%95$4,900$465,510
Government pensions7%115$9,842$1,131,882
Total Income or Loss100%1,730$37,388$64,682,003
Charitable Gifts24%415$192$79,504
Cost of Tax Affairs46%805$248$199,667
Work Car expenses20%345$2,020$696,994
Work Travel expenses5%80$2,206$176,484
Self Education expenses3%55$1,728$95,047
Total Deductions74%1,280$2,429$3,109,201
Taxable Income99%1,725$35,535$61,298,371
Medicare Levy 59%1,025$788$807,340
Medicare Surcharge 1%20$1,158$23,155
Gross Tax 72%1,250$8,046$10,057,457
Net Tax 63%1,100$9,254$10,179,808
Average Tax 100%1,735 $5,867$10,179,808
Gross Tax Rate 72%1,250 23%$10,057,457
Net Tax Rate 63%1,100 26%$10,179,808
Average Tax Rate 100%1,735 17%$10,179,808
%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 $35,535. It is estimated that the average taxable income for people who paid a net amount of tax was $48908.

The average net tax paid was $9,254. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,025 people for an average of $788. 20 people paid $1,158 on average more for the Medicare surcharge.

1,115 people earned a salary or wage and took home an average of $40,980 each.

Government allowance and payments were collected by 95 people for on average $4,900. 115 people received the pension or other allowance.

Charitable gifts and donations of an average of $192 were made by 415 people.

The costs of tax affairs for 805 people were claimed for $248 each.