TaxStats for postcode 3281 FY2013

Postcode 3281 includes Bushfield, Grassmere, Winslow, Woodford in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 985 individuals in postcode 3281. Of these people, 970 made a taxable income or loss. 745 of the population paid a gross amount of tax. After tax offsets, 690 people actually paid a net amount of tax. There were 280 non-taxable people who paid net tax of $0.

Compare TaxStats of 3281 with VIC

3281 TaxStats FY2013%Ppl#Ppl3281
Total Individuals100%985
Salary or Wage 73%715$44,538$31,844,565
Gross Interest56%550$1,902$1,045,960
Unfranked Dividends16%160$454$72,650
Franked Dividends28%275$3,354$922,474
Dividend Franking Credit28%275$1,437$395,193
Capital Gains5%50$5,488$274,379
Termination Payouts1%10$6,002$60,016
Tips/Directors Fees etc17%165$1,936$319,495
Business Income11%105$15,352$1,611,947
Foreign Income5%50$732$36,604
Government payments5%50$4,249$212,447
Government pensions4%35$9,450$330,738
Total Income or Loss99%975$44,648$43,531,496
Charitable Gifts39%380$210$79,779
Cost of Tax Affairs44%435$335$145,898
Work Car expenses30%295$2,082$614,292
Work Travel expenses7%70$2,284$159,876
Self Education expenses4%35$820$28,704
Total Deductions79%780$3,057$2,384,586
Taxable Income98%970$42,166$40,901,067
Medicare Levy 66%655$852$557,852
Medicare Surcharge 2%15$1,219$18,285
Gross Tax 76%745$9,869$7,352,681
Net Tax 70%690$10,887$7,511,847
Average Tax 100%985 $7,626$7,511,847
Gross Tax Rate 76%745 23%$7,352,681
Net Tax Rate 70%690 26%$7,511,847
Average Tax Rate 100%985 18%$7,511,847
%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 $42,166. It is estimated that the average taxable income for people who paid a net amount of tax was $54407.

The average net tax paid was $10,887. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 655 people for an average of $852. 15 people paid $1,219 on average more for the Medicare surcharge.

715 people earned a salary or wage and took home an average of $44,538 each.

Government allowance and payments were collected by 50 people for on average $4,249. 35 people received the pension or other allowance.

Charitable gifts and donations of an average of $210 were made by 380 people.

The costs of tax affairs for 435 people were claimed for $335 each.