TaxStats for postcode 3302 FY2013

Postcode 3302 includes Branxholme, Branxholme, Grassdale, Grassdale in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 260 individuals in postcode 3302. Of these people, 260 made a taxable income or loss. 185 of the population paid a gross amount of tax. After tax offsets, 160 people actually paid a net amount of tax. There were 100 non-taxable people who paid net tax of $0.

Compare TaxStats of 3302 with VIC

3302 TaxStats FY2013%Ppl#Ppl3302
Avg
3302
Total
Total Individuals100%260
Income
Salary or Wage 65%170$35,548$6,043,203
Gross Interest62%160$2,714$434,248
Unfranked Dividends21%55$404$22,212
Franked Dividends37%95$3,008$285,792
Dividend Franking Credit37%95$1,277$121,307
Capital Gains8%20$29,315$586,301
Termination Payouts2%5$6,751$33,757
Tips/Directors Fees etc15%40$1,812$72,468
Business Income12%30$15,132$453,964
Foreign Income8%20$1,318$26,370
Government payments6%15$5,327$79,899
Government pensions4%10$6,647$66,467
Total Income or Loss100%260$36,196$9,411,078
Deducations
Charitable Gifts21%55$545$29,992
Cost of Tax Affairs31%80$475$37,971
Work Car expenses15%40$2,963$118,517
Work Travel expenses6%15$329$4,938
Self Education expenses2%5$762$3,809
Total Deductions67%175$3,161$553,173
Taxation
Taxable Income100%260$34,065$8,856,854
Medicare Levy 56%145$804$116,592
Medicare Surcharge 2%5$521$2,603
Gross Tax 71%185$8,221$1,520,965
Net Tax 62%160$9,245$1,479,191
Average Tax 100%260 $5,689$1,479,191
Gross Tax Rate 71%185 24%$1,520,965
Net Tax Rate 62%160 27%$1,479,191
Average Tax Rate 100%260 17%$1,479,191
%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 $34,065. It is estimated that the average taxable income for people who paid a net amount of tax was $47855.

The average net tax paid was $9,245. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 145 people for an average of $804. 5 people paid $521 on average more for the Medicare surcharge.

170 people earned a salary or wage and took home an average of $35,548 each.

Government allowance and payments were collected by 15 people for on average $5,327. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $545 were made by 55 people.

The costs of tax affairs for 80 people were claimed for $475 each.