TaxStats for postcode 3329 FY2013

Postcode 3329 includes Barunah Park, Barunah Plains, Shelford in Victoria, and is in the federal electorate of Corangamite.

In FY 2013 the ATO recorded 165 individuals in postcode 3329. Of these people, 160 made a taxable income or loss. 115 of the population paid a gross amount of tax. After tax offsets, 105 people actually paid a net amount of tax. There were 55 non-taxable people who paid net tax of $0.

Compare TaxStats of 3329 with VIC

3329 TaxStats FY2013%Ppl#Ppl3329
Total Individuals100%165
Salary or Wage 64%105$41,987$4,408,636
Gross Interest52%85$1,631$138,602
Unfranked Dividends18%30$10,235$307,062
Franked Dividends33%55$3,910$215,065
Dividend Franking Credit33%55$1,674$92,084
Capital Gains6%10$844$8,440
Termination Payouts3%5$2,411$12,056
Tips/Directors Fees etc24%40$1,875$74,996
Business Income9%15$-5,296$-79,443
Foreign Income9%15$206$3,087
Government payments6%10$3,960$39,600
Government pensions9%15$8,479$127,180
Total Income or Loss100%165$38,116$6,289,140
Charitable Gifts27%45$254$11,449
Cost of Tax Affairs36%60$224$13,421
Work Car expenses18%30$2,593$77,803
Work Travel expenses6%10$702$7,015
Self Education expenses3%5$759$3,795
Total Deductions67%110$2,461$270,758
Taxable Income97%160$37,510$6,001,593
Medicare Levy 58%95$816$77,510
Medicare Surcharge 3%5$250$1,249
Gross Tax 70%115$8,658$995,615
Net Tax 64%105$9,467$994,020
Average Tax 100%165 $6,024$994,020
Gross Tax Rate 70%115 23%$995,615
Net Tax Rate 64%105 25%$994,020
Average Tax Rate 100%165 16%$994,020
%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 $37,510. It is estimated that the average taxable income for people who paid a net amount of tax was $50872.

The average net tax paid was $9,467. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 95 people for an average of $816. 5 people paid $250 on average more for the Medicare surcharge.

105 people earned a salary or wage and took home an average of $41,987 each.

Government allowance and payments were collected by 10 people for on average $3,960. 15 people received the pension or other allowance.

Charitable gifts and donations of an average of $254 were made by 45 people.

The costs of tax affairs for 60 people were claimed for $224 each.