TaxStats for postcode 3322 FY2013

Postcode 3322 includes Cressy in Victoria, and is in the federal electorate of Corangamite.

In FY 2013 the ATO recorded 90 individuals in postcode 3322. Of these people, 85 made a taxable income or loss. 60 of the population paid a gross amount of tax. After tax offsets, 50 people actually paid a net amount of tax. There were 35 non-taxable people who paid net tax of $0.

Compare TaxStats of 3322 with VIC

3322 TaxStats FY2013%Ppl#Ppl3322
Total Individuals100%90
Salary or Wage 61%55$34,584$1,902,142
Gross Interest67%60$2,061$123,661
Unfranked Dividends22%20$206$4,122
Franked Dividends33%30$753$22,580
Dividend Franking Credit33%30$322$9,668
Capital Gains6%5$405$2,025
Termination Payouts6%5$459$2,295
Tips/Directors Fees etc17%15$2,247$33,705
Business Income17%15$3,450$51,746
Foreign Income6%5$34,933$174,663
Government payments11%10$5,722$57,216
Government pensions11%10$10,100$100,995
Total Income or Loss94%85$40,555$3,447,142
Charitable Gifts33%30$69$2,081
Cost of Tax Affairs33%30$153$4,588
Work Car expenses17%15$2,360$35,398
Work Travel expenses6%5$2,147$10,734
Self Education expenses6%5$986$4,932
Total Deductions61%55$1,849$101,686
Taxable Income94%85$39,250$3,336,246
Medicare Levy 50%45$924$41,590
Medicare Surcharge 6%5$176$878
Gross Tax 67%60$8,943$536,582
Net Tax 56%50$9,877$493,864
Average Tax 100%90 $5,487$493,864
Gross Tax Rate 67%60 23%$536,582
Net Tax Rate 56%50 25%$493,864
Average Tax Rate 100%90 14%$493,864
%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 $39,250. It is estimated that the average taxable income for people who paid a net amount of tax was $58325.

The average net tax paid was $9,877. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 45 people for an average of $924. 5 people paid $176 on average more for the Medicare surcharge.

55 people earned a salary or wage and took home an average of $34,584 each.

Government allowance and payments were collected by 10 people for on average $5,722. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $69 were made by 30 people.

The costs of tax affairs for 30 people were claimed for $153 each.