TaxStats for postcode 3289 FY2013

Postcode 3289 includes Gazette, Gazette, Gerrigerrup, Penshurst, Penshurst, Purdeet, Purdeet, Tabor, Tabor in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 485 individuals in postcode 3289. Of these people, 480 made a taxable income or loss. 355 of the population paid a gross amount of tax. After tax offsets, 305 people actually paid a net amount of tax. There were 175 non-taxable people who paid net tax of $0.

Compare TaxStats of 3289 with VIC

3289 TaxStats FY2013%Ppl#Ppl3289
Avg
3289
Total
Total Individuals100%485
Income
Salary or Wage 66%320$36,594$11,709,966
Gross Interest67%325$3,030$984,859
Unfranked Dividends20%95$457$43,400
Franked Dividends34%165$4,508$743,745
Dividend Franking Credit34%165$1,932$318,743
Capital Gains8%40$2,075$83,005
Termination Payouts1%5$1,956$9,778
Tips/Directors Fees etc15%75$2,071$155,310
Business Income11%55$6,522$358,725
Foreign Income8%40$201$8,023
Government payments7%35$4,699$164,464
Government pensions5%25$8,257$206,426
Total Income or Loss100%485$39,219$19,021,299
Deducations
Charitable Gifts31%150$760$114,007
Cost of Tax Affairs38%185$326$60,274
Work Car expenses21%100$1,984$198,426
Work Travel expenses6%30$2,051$61,532
Self Education expenses4%20$1,744$34,879
Total Deductions73%355$3,018$1,071,526
Taxation
Taxable Income99%480$37,327$17,917,058
Medicare Levy 58%280$833$233,247
Medicare Surcharge 1%5$1,473$7,363
Gross Tax 73%355$8,574$3,043,929
Net Tax 63%305$9,891$3,016,668
Average Tax 100%485 $6,220$3,016,668
Gross Tax Rate 73%355 23%$3,043,929
Net Tax Rate 63%305 26%$3,016,668
Average Tax Rate 100%485 17%$3,016,668
%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 $37,327. It is estimated that the average taxable income for people who paid a net amount of tax was $51859.

The average net tax paid was $9,891. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 280 people for an average of $833. 5 people paid $1,473 on average more for the Medicare surcharge.

320 people earned a salary or wage and took home an average of $36,594 each.

Government allowance and payments were collected by 35 people for on average $4,699. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $760 were made by 150 people.

The costs of tax affairs for 185 people were claimed for $326 each.