TaxStats for postcode 3268 FY2013
Postcode 3268 includes Ayrford, Brucknell, Cooriemungle, Cowleys Creek, Curdie Vale, Curdies River, Curdievale, Heytesbury Lower, Newfield, Nirranda, Nirranda East, Nirranda South, Nullawarre, Nullawarre East, Nullawarre North, Paaratte, The Cove, Timboon, Timboon West in Victoria, and is in the federal electorate of Wannon.
In FY 2013 the ATO recorded 1,765 individuals in postcode 3268. Of these people, 1,750 made a taxable income or loss. 1,220 of the population paid a gross amount of tax. After tax offsets, 1,065 people actually paid a net amount of tax. There were 685 non-taxable people who paid net tax of $0.
Compare TaxStats of 3268 with VIC
| 3268 TaxStats FY2013 | %Ppl | #Ppl | 3268 Avg | 3268 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 1,765 | ||
| Income | ||||
| Salary or Wage | 57% | 1,010 | $40,138 | $40,539,470 |
| Gross Interest | 61% | 1,085 | $2,543 | $2,758,821 |
| Unfranked Dividends | 19% | 335 | $1,148 | $384,467 |
| Franked Dividends | 30% | 535 | $4,228 | $2,261,892 |
| Dividend Franking Credit | 30% | 535 | $1,811 | $969,104 |
| Capital Gains | 6% | 105 | $13,129 | $1,378,500 |
| Termination Payouts | 1% | 25 | $6,614 | $165,354 |
| Tips/Directors Fees etc | 14% | 250 | $1,800 | $449,913 |
| Business Income | 11% | 200 | $7,029 | $1,405,861 |
| Foreign Income | 9% | 165 | $799 | $131,901 |
| Government payments | 6% | 105 | $5,573 | $585,168 |
| Government pensions | 6% | 110 | $9,434 | $1,037,747 |
| Total Income or Loss | 100% | 1,765 | $37,592 | $66,349,803 |
| Deducations | ||||
| Charitable Gifts | 25% | 450 | $250 | $112,311 |
| Cost of Tax Affairs | 44% | 785 | $310 | $243,444 |
| Work Car expenses | 19% | 340 | $2,086 | $709,308 |
| Work Travel expenses | 4% | 70 | $2,283 | $159,843 |
| Self Education expenses | 2% | 40 | $1,959 | $78,356 |
| Total Deductions | 72% | 1,275 | $2,961 | $3,774,916 |
| Taxation | ||||
| Taxable Income | 99% | 1,750 | $35,521 | $62,161,928 |
| Medicare Levy | 57% | 1,000 | $843 | $843,001 |
| Medicare Surcharge | 1% | 20 | $1,447 | $28,943 |
| Gross Tax | 69% | 1,220 | $9,488 | $11,575,225 |
| Net Tax | 60% | 1,065 | $10,747 | $11,446,075 |
| Average Tax | 100% | 1,765 | $6,485 | $11,446,075 |
| Gross Tax Rate | 69% | 1,220 | 27% | $11,575,225 |
| Net Tax Rate | 60% | 1,065 | 30% | $11,446,075 |
| Average Tax Rate | 100% | 1,765 | 18% | $11,446,075 |
| %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 $35,521. It is estimated that the average taxable income for people who paid a net amount of tax was $50650.
The average net tax paid was $10,747. This equates to an average tax of 30 cents in the dollar on taxable income.
The Medicare levy was paid by 1,000 people for an average of $843. 20 people paid $1,447 on average more for the Medicare surcharge.
1,010 people earned a salary or wage and took home an average of $40,138 each.
Government allowance and payments were collected by 105 people for on average $5,573. 110 people received the pension or other allowance.
Charitable gifts and donations of an average of $250 were made by 450 people.
The costs of tax affairs for 785 people were claimed for $310 each.