TaxStats for postcode 3283 FY2013

Postcode 3283 includes Crossley, Killarney, Kirkstall, Southern Cross, Tarrone, Tower Hill, Warrong, Willatook, Yangery, Yarpturk in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 595 individuals in postcode 3283. Of these people, 590 made a taxable income or loss. 450 of the population paid a gross amount of tax. After tax offsets, 410 people actually paid a net amount of tax. There were 180 non-taxable people who paid net tax of $0.

Compare TaxStats of 3283 with VIC

3283 TaxStats FY2013%Ppl#Ppl3283
Avg
3283
Total
Total Individuals100%595
Income
Salary or Wage 74%440$41,630$18,317,021
Gross Interest58%345$1,735$598,670
Unfranked Dividends14%85$432$36,734
Franked Dividends24%140$4,673$654,258
Dividend Franking Credit24%140$2,002$280,312
Capital Gains5%30$5,647$169,409
Termination Payouts3%15$6,075$91,127
Tips/Directors Fees etc18%110$1,880$206,809
Business Income10%60$13,215$792,878
Foreign Income5%30$595$17,845
Government payments8%45$4,761$214,227
Government pensions3%20$10,021$200,426
Total Income or Loss99%590$43,209$25,493,534
Deducations
Charitable Gifts39%235$123$28,882
Cost of Tax Affairs43%255$274$69,783
Work Car expenses25%150$2,277$341,562
Work Travel expenses8%45$1,476$66,405
Self Education expenses4%25$1,012$25,290
Total Deductions77%460$2,659$1,222,924
Taxation
Taxable Income99%590$40,541$23,919,103
Medicare Levy 64%380$857$325,813
Medicare Surcharge 1%5$1,619$8,093
Gross Tax 76%450$9,554$4,299,284
Net Tax 69%410$10,755$4,409,662
Average Tax 100%595 $7,411$4,409,662
Gross Tax Rate 76%450 24%$4,299,284
Net Tax Rate 69%410 27%$4,409,662
Average Tax Rate 100%595 18%$4,409,662
%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 $40,541. It is estimated that the average taxable income for people who paid a net amount of tax was $53071.

The average net tax paid was $10,755. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 380 people for an average of $857. 5 people paid $1,619 on average more for the Medicare surcharge.

440 people earned a salary or wage and took home an average of $41,630 each.

Government allowance and payments were collected by 45 people for on average $4,761. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $123 were made by 235 people.

The costs of tax affairs for 255 people were claimed for $274 each.