TaxStats for postcode 3304 FY2013

Postcode 3304 includes Bessiebelle, Dartmoor, Dartmoor, Drik Drik, Drumborg, Greenwald, Heywood, Homerton, Lyons, Milltown, Mumbannar, Myamyn, Myamyn, Winnap, Winnap in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 1,445 individuals in postcode 3304. Of these people, 1,430 made a taxable income or loss. 1,065 of the population paid a gross amount of tax. After tax offsets, 930 people actually paid a net amount of tax. There were 500 non-taxable people who paid net tax of $0.

Compare TaxStats of 3304 with VIC

3304 TaxStats FY2013%Ppl#Ppl3304
Total Individuals100%1,445
Salary or Wage 69%995$43,146$42,929,887
Gross Interest57%825$2,280$1,881,054
Unfranked Dividends18%255$627$159,861
Franked Dividends27%385$3,317$1,277,136
Dividend Franking Credit27%385$1,422$547,333
Capital Gains3%50$6,438$321,890
Termination Payouts2%25$7,267$181,664
Tips/Directors Fees etc18%260$2,675$695,414
Business Income13%190$678$128,897
Foreign Income6%85$375$31,862
Government payments8%110$5,785$636,346
Government pensions7%100$10,261$1,026,117
Total Income or Loss99%1,435$39,555$56,761,370
Charitable Gifts24%350$206$71,981
Cost of Tax Affairs40%575$322$185,360
Work Car expenses20%295$1,987$586,272
Work Travel expenses6%80$1,834$146,723
Self Education expenses3%45$1,183$53,246
Total Deductions74%1,075$2,506$2,694,310
Taxable Income99%1,430$37,729$53,952,263
Medicare Levy 61%885$820$725,766
Medicare Surcharge 2%25$1,330$33,246
Gross Tax 74%1,065$8,791$9,362,474
Net Tax 64%930$10,024$9,322,498
Average Tax 100%1,445 $6,452$9,322,498
Gross Tax Rate 74%1,065 23%$9,362,474
Net Tax Rate 64%930 27%$9,322,498
Average Tax Rate 100%1,445 17%$9,322,498
%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 $37,729. It is estimated that the average taxable income for people who paid a net amount of tax was $51562.

The average net tax paid was $10,024. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 885 people for an average of $820. 25 people paid $1,330 on average more for the Medicare surcharge.

995 people earned a salary or wage and took home an average of $43,146 each.

Government allowance and payments were collected by 110 people for on average $5,785. 100 people received the pension or other allowance.

Charitable gifts and donations of an average of $206 were made by 350 people.

The costs of tax affairs for 575 people were claimed for $322 each.