TaxStats for postcode 3321 FY2013

Postcode 3321 includes Hesse, Inverleigh, Wingeel in Victoria, and is in the federal electorate of Corangamite.

In FY 2013 the ATO recorded 805 individuals in postcode 3321. Of these people, 795 made a taxable income or loss. 625 of the population paid a gross amount of tax. After tax offsets, 585 people actually paid a net amount of tax. There were 210 non-taxable people who paid net tax of $0.

Compare TaxStats of 3321 with VIC

3321 TaxStats FY2013%Ppl#Ppl3321
Total Individuals100%805
Salary or Wage 77%620$49,271$30,547,774
Gross Interest53%430$1,641$705,554
Unfranked Dividends12%100$428$42,772
Franked Dividends22%180$4,073$733,148
Dividend Franking Credit22%180$1,745$314,112
Capital Gains5%40$14,733$589,316
Termination Payouts2%15$8,022$120,330
Tips/Directors Fees etc20%160$3,716$594,527
Business Income9%75$16,895$1,267,103
Foreign Income6%45$334$15,038
Government payments5%40$4,764$190,548
Government pensions3%25$9,914$247,860
Total Income or Loss100%805$49,567$39,901,068
Charitable Gifts36%290$223$64,681
Cost of Tax Affairs48%385$289$111,345
Work Car expenses27%220$2,820$620,347
Work Travel expenses9%75$1,608$120,635
Self Education expenses4%30$1,361$40,840
Total Deductions80%645$2,808$1,811,186
Taxable Income99%795$47,093$37,439,105
Medicare Levy 71%570$910$518,836
Medicare Surcharge 1%10$1,042$10,421
Gross Tax 78%625$11,395$7,121,942
Net Tax 73%585$12,421$7,266,438
Average Tax 100%805 $9,027$7,266,438
Gross Tax Rate 78%625 24%$7,121,942
Net Tax Rate 73%585 26%$7,266,438
Average Tax Rate 100%805 19%$7,266,438
%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 $47,093. It is estimated that the average taxable income for people who paid a net amount of tax was $59691.

The average net tax paid was $12,421. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 570 people for an average of $910. 10 people paid $1,042 on average more for the Medicare surcharge.

620 people earned a salary or wage and took home an average of $49,271 each.

Government allowance and payments were collected by 40 people for on average $4,764. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $223 were made by 290 people.

The costs of tax affairs for 385 people were claimed for $289 each.