TaxStats for postcode 3315 FY2013

Postcode 3315 includes Brit Brit, Clover Flat, Coleraine, Coojar, Culla, Gringegalgona, Gritjurk, Hilgay, Konongwootong, Melville Forest, Muntham, Nareen, Parkwood, Paschendale, Tahara Bridge, Tarrayoukyan, Tarrenlea, Wootong Vale in Victoria, and is in the federal electorate of Wannon.

In FY 2013 the ATO recorded 975 individuals in postcode 3315. Of these people, 960 made a taxable income or loss. 695 of the population paid a gross amount of tax. After tax offsets, 600 people actually paid a net amount of tax. There were 360 non-taxable people who paid net tax of $0.

Compare TaxStats of 3315 with VIC

3315 TaxStats FY2013%Ppl#Ppl3315
Avg
3315
Total
Total Individuals100%975
Income
Salary or Wage 63%610$36,939$22,532,928
Gross Interest66%645$3,005$1,938,439
Unfranked Dividends31%305$592$180,630
Franked Dividends36%355$5,282$1,875,262
Dividend Franking Credit36%355$2,264$803,564
Capital Gains6%55$9,460$520,323
Termination Payouts1%10$3,576$35,762
Tips/Directors Fees etc16%155$1,293$200,343
Business Income9%90$6,039$543,502
Foreign Income9%85$179$15,223
Government payments9%85$5,642$479,543
Government pensions7%70$8,960$627,193
Total Income or Loss99%965$35,523$34,279,793
Deducations
Charitable Gifts29%280$399$111,605
Cost of Tax Affairs34%330$302$99,696
Work Car expenses14%140$2,375$332,561
Work Travel expenses6%60$2,080$124,821
Self Education expenses4%35$1,652$57,814
Total Deductions78%760$2,869$2,180,784
Taxation
Taxable Income98%960$33,233$31,903,627
Medicare Levy 56%550$765$420,704
Medicare Surcharge 1%5$2,131$10,656
Gross Tax 71%695$7,769$5,399,181
Net Tax 62%600$8,818$5,290,900
Average Tax 100%975 $5,427$5,290,900
Gross Tax Rate 71%695 23%$5,399,181
Net Tax Rate 62%600 27%$5,290,900
Average Tax Rate 100%975 16%$5,290,900
%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 $33,233. It is estimated that the average taxable income for people who paid a net amount of tax was $45973.

The average net tax paid was $8,818. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 550 people for an average of $765. 5 people paid $2,131 on average more for the Medicare surcharge.

610 people earned a salary or wage and took home an average of $36,939 each.

Government allowance and payments were collected by 85 people for on average $5,642. 70 people received the pension or other allowance.

Charitable gifts and donations of an average of $399 were made by 280 people.

The costs of tax affairs for 330 people were claimed for $302 each.