TaxStats for postcode 3277 FY2013

Postcode 3277 includes Allansford, Mepunga, Mepunga East, Mepunga West, Naringal, Naringal East in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 1,100 individuals in postcode 3277. Of these people, 1,090 made a taxable income or loss. 895 of the population paid a gross amount of tax. After tax offsets, 800 people actually paid a net amount of tax. There were 290 non-taxable people who paid net tax of $0.

Compare TaxStats of 3277 with VIC

3277 TaxStats FY2013%Ppl#Ppl3277
Avg
3277
Total
Total Individuals100%1,100
Income
Salary or Wage 70%775$43,217$33,492,949
Gross Interest57%630$2,546$1,604,222
Unfranked Dividends17%185$1,082$200,207
Franked Dividends32%355$3,361$1,193,105
Dividend Franking Credit32%355$1,440$511,059
Capital Gains5%60$4,275$256,502
Termination Payouts1%10$2,852$28,522
Tips/Directors Fees etc17%185$1,715$317,191
Business Income10%115$38,454$4,422,184
Foreign Income6%65$203$13,209
Government payments5%50$5,270$263,496
Government pensions5%50$9,869$493,426
Total Income or Loss100%1,095$47,950$52,505,780
Deducations
Charitable Gifts40%445$210$93,477
Cost of Tax Affairs45%495$283$139,849
Work Car expenses23%250$1,815$453,691
Work Travel expenses5%50$915$45,771
Self Education expenses4%40$1,770$70,805
Total Deductions79%865$2,872$2,484,509
Taxation
Taxable Income99%1,090$45,781$49,901,485
Medicare Levy 70%770$883$679,703
Medicare Surcharge 1%10$1,015$10,152
Gross Tax 81%895$10,608$9,494,588
Net Tax 73%800$12,044$9,634,984
Average Tax 100%1,100 $8,759$9,634,984
Gross Tax Rate 81%895 23%$9,494,588
Net Tax Rate 73%800 26%$9,634,984
Average Tax Rate 100%1,100 19%$9,634,984
%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 $45,781. It is estimated that the average taxable income for people who paid a net amount of tax was $58027.

The average net tax paid was $12,044. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 770 people for an average of $883. 10 people paid $1,015 on average more for the Medicare surcharge.

775 people earned a salary or wage and took home an average of $43,217 each.

Government allowance and payments were collected by 50 people for on average $5,270. 50 people received the pension or other allowance.

Charitable gifts and donations of an average of $210 were made by 445 people.

The costs of tax affairs for 495 people were claimed for $283 each.