TaxStats for postcode 3292 FY2013

Postcode 3292 includes Nelson in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 115 individuals in postcode 3292. Of these people, 115 made a taxable income or loss. 75 of the population paid a gross amount of tax. After tax offsets, 60 people actually paid a net amount of tax. There were 55 non-taxable people who paid net tax of $0.

Compare TaxStats of 3292 with VIC

3292 TaxStats FY2013%Ppl#Ppl3292
Avg
3292
Total
Total Individuals100%115
Income
Salary or Wage 48%55$42,511$2,338,113
Gross Interest70%80$2,353$188,206
Unfranked Dividends22%25$307$7,677
Franked Dividends35%40$3,379$135,156
Dividend Franking Credit35%40$1,440$57,593
Capital Gains%0$$0
Termination Payouts4%5$1,471$7,355
Tips/Directors Fees etc9%10$2,378$23,779
Business Income9%10$28,137$281,370
Foreign Income4%5$146$732
Government payments9%10$4,361$43,609
Government pensions9%10$8,586$85,859
Total Income or Loss100%115$36,565$4,204,938
Deducations
Charitable Gifts17%20$447$8,938
Cost of Tax Affairs43%50$246$12,297
Work Car expenses9%10$3,470$34,699
Work Travel expenses4%5$142$712
Self Education expenses4%5$776$3,882
Total Deductions65%75$3,026$226,967
Taxation
Taxable Income100%115$34,588$3,977,649
Medicare Levy 48%55$839$46,152
Medicare Surcharge 4%5$196$981
Gross Tax 65%75$8,610$645,768
Net Tax 52%60$10,025$601,514
Average Tax 100%115 $5,231$601,514
Gross Tax Rate 65%75 25%$645,768
Net Tax Rate 52%60 29%$601,514
Average Tax Rate 100%115 15%$601,514
%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 $34,588. It is estimated that the average taxable income for people who paid a net amount of tax was $55294.

The average net tax paid was $10,025. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 55 people for an average of $839. 5 people paid $196 on average more for the Medicare surcharge.

55 people earned a salary or wage and took home an average of $42,511 each.

Government allowance and payments were collected by 10 people for on average $4,361. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $447 were made by 20 people.

The costs of tax affairs for 50 people were claimed for $246 each.