TaxStats for postcode 3294 FY2013

Postcode 3294 includes Dunkeld, Karabeal, Mirranatwa, Moutajup, Victoria Point, Victoria Valley, Woodhouse in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 610 individuals in postcode 3294. Of these people, 600 made a taxable income or loss. 410 of the population paid a gross amount of tax. After tax offsets, 340 people actually paid a net amount of tax. There were 260 non-taxable people who paid net tax of $0.

Compare TaxStats of 3294 with VIC

3294 TaxStats FY2013%Ppl#Ppl3294
Avg
3294
Total
Total Individuals100%610
Income
Salary or Wage 61%375$36,565$13,711,830
Gross Interest68%415$2,476$1,027,585
Unfranked Dividends21%130$348$45,230
Franked Dividends38%230$3,901$897,136
Dividend Franking Credit38%230$1,667$383,432
Capital Gains7%45$10,941$492,366
Termination Payouts2%10$6,432$64,323
Tips/Directors Fees etc8%50$4,959$247,943
Business Income11%70$-2,351$-164,556
Foreign Income9%55$653$35,900
Government payments7%45$6,663$299,821
Government pensions6%35$9,127$319,429
Total Income or Loss99%605$33,938$20,532,612
Deducations
Charitable Gifts29%175$608$106,395
Cost of Tax Affairs32%195$348$67,797
Work Car expenses16%95$3,024$287,274
Work Travel expenses5%30$2,043$61,300
Self Education expenses3%20$1,652$33,033
Total Deductions69%420$2,883$1,210,863
Taxation
Taxable Income98%600$32,132$19,279,478
Medicare Levy 52%315$782$246,268
Medicare Surcharge 1%5$1,673$8,365
Gross Tax 67%410$8,636$3,540,863
Net Tax 56%340$10,416$3,541,391
Average Tax 100%610 $5,806$3,541,391
Gross Tax Rate 67%410 27%$3,540,863
Net Tax Rate 56%340 32%$3,541,391
Average Tax Rate 100%610 18%$3,541,391
%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 $32,132. It is estimated that the average taxable income for people who paid a net amount of tax was $47528.

The average net tax paid was $10,416. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 315 people for an average of $782. 5 people paid $1,673 on average more for the Medicare surcharge.

375 people earned a salary or wage and took home an average of $36,565 each.

Government allowance and payments were collected by 45 people for on average $6,663. 35 people received the pension or other allowance.

Charitable gifts and donations of an average of $608 were made by 175 people.

The costs of tax affairs for 195 people were claimed for $348 each.