TaxStats for postcode 3273 FY2013

Postcode 3273 includes Hexham, Hexham in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 90 individuals in postcode 3273. Of these people, 90 made a taxable income or loss. 70 of the population paid a gross amount of tax. After tax offsets, 55 people actually paid a net amount of tax. There were 35 non-taxable people who paid net tax of $0.

Compare TaxStats of 3273 with VIC

3273 TaxStats FY2013%Ppl#Ppl3273
Avg
3273
Total
Total Individuals100%90
Income
Salary or Wage 44%40$31,141$1,245,632
Gross Interest56%50$3,399$169,973
Unfranked Dividends22%20$273$5,457
Franked Dividends28%25$4,844$121,109
Dividend Franking Credit28%25$2,076$51,904
Capital Gains6%5$23,894$119,469
Termination Payouts%0$$0
Tips/Directors Fees etc17%15$464$6,960
Business Income11%10$29,235$292,353
Foreign Income6%5$187$934
Government payments6%5$6,968$34,839
Government pensions6%5$15,418$77,092
Total Income or Loss100%90$33,753$3,037,789
Deducations
Charitable Gifts22%20$335$6,697
Cost of Tax Affairs33%30$173$5,200
Work Car expenses17%15$2,579$38,687
Work Travel expenses6%5$489$2,446
Self Education expenses6%5$715$3,573
Total Deductions67%60$3,935$236,120
Taxation
Taxable Income100%90$30,746$2,767,095
Medicare Levy 56%50$667$33,364
Medicare Surcharge 6%5$396$1,979
Gross Tax 78%70$5,694$398,582
Net Tax 61%55$6,822$375,199
Average Tax 100%90 $4,169$375,199
Gross Tax Rate 78%70 19%$398,582
Net Tax Rate 61%55 22%$375,199
Average Tax Rate 100%90 14%$375,199
%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 $30,746. It is estimated that the average taxable income for people who paid a net amount of tax was $42674.

The average net tax paid was $6,822. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 50 people for an average of $667. 5 people paid $396 on average more for the Medicare surcharge.

40 people earned a salary or wage and took home an average of $31,141 each.

Government allowance and payments were collected by 5 people for on average $6,968. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $335 were made by 20 people.

The costs of tax affairs for 30 people were claimed for $173 each.