TaxStats for postcode 3300 FY2013

Postcode 3300 includes Byaduk North, Byaduk North, Hamilton in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 6,080 individuals in postcode 3300. Of these people, 6,040 made a taxable income or loss. 4,660 of the population paid a gross amount of tax. After tax offsets, 4,160 people actually paid a net amount of tax. There were 1,880 non-taxable people who paid net tax of $0.

Compare TaxStats of 3300 with VIC

3300 TaxStats FY2013%Ppl#Ppl3300
Avg
3300
Total
Total Individuals100%6,080
Income
Salary or Wage 75%4,570$41,745$190,775,577
Gross Interest63%3,815$2,269$8,656,772
Unfranked Dividends16%945$600$566,857
Franked Dividends32%1,940$6,218$12,062,971
Dividend Franking Credit32%1,930$2,675$5,163,681
Capital Gains6%350$6,149$2,152,141
Termination Payouts1%65$13,068$849,445
Tips/Directors Fees etc17%1,020$1,760$1,795,111
Business Income8%490$13,555$6,642,097
Foreign Income8%460$437$201,161
Government payments8%515$5,375$2,768,356
Government pensions9%520$9,439$4,908,444
Total Income or Loss100%6,065$44,298$268,668,744
Deducations
Charitable Gifts39%2,350$1,591$3,737,802
Cost of Tax Affairs47%2,875$300$861,656
Work Car expenses22%1,350$2,061$2,782,130
Work Travel expenses8%495$1,617$800,415
Self Education expenses4%250$2,564$641,123
Total Deductions81%4,920$3,122$15,359,098
Taxation
Taxable Income99%6,040$41,799$252,464,514
Medicare Levy 65%3,960$826$3,269,190
Medicare Surcharge 1%75$1,206$90,419
Gross Tax 77%4,660$9,325$43,454,650
Net Tax 68%4,160$10,571$43,974,944
Average Tax 100%6,080 $7,233$43,974,944
Gross Tax Rate 77%4,660 22%$43,454,650
Net Tax Rate 68%4,160 25%$43,974,944
Average Tax Rate 100%6,080 17%$43,974,944
%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 $41,799. It is estimated that the average taxable income for people who paid a net amount of tax was $55266.

The average net tax paid was $10,571. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 3,960 people for an average of $826. 75 people paid $1,206 on average more for the Medicare surcharge.

4,570 people earned a salary or wage and took home an average of $41,745 each.

Government allowance and payments were collected by 515 people for on average $5,375. 520 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,591 were made by 2,350 people.

The costs of tax affairs for 2,875 people were claimed for $300 each.