TaxStats for postcode 3332 FY2013

Postcode 3332 includes Lethbridge in Victoria, and is in the federal electorate of Corangamite.

In FY 2013 the ATO recorded 550 individuals in postcode 3332. Of these people, 545 made a taxable income or loss. 440 of the population paid a gross amount of tax. After tax offsets, 400 people actually paid a net amount of tax. There were 145 non-taxable people who paid net tax of $0.

Compare TaxStats of 3332 with VIC

3332 TaxStats FY2013%Ppl#Ppl3332
Total Individuals100%550
Salary or Wage 81%445$45,668$20,322,200
Gross Interest52%285$1,255$357,631
Unfranked Dividends7%40$272$10,869
Franked Dividends17%95$3,828$363,619
Dividend Franking Credit17%95$1,640$155,791
Capital Gains4%20$7,282$145,641
Termination Payouts3%15$5,357$80,351
Tips/Directors Fees etc26%145$3,387$491,175
Business Income9%50$18,842$942,075
Foreign Income5%25$7,989$199,722
Government payments5%25$3,971$99,266
Government pensions5%30$8,639$259,170
Total Income or Loss99%545$47,726$26,010,692
Charitable Gifts36%200$196$39,158
Cost of Tax Affairs51%280$314$88,006
Work Car expenses30%165$2,684$442,867
Work Travel expenses8%45$2,501$112,540
Self Education expenses4%20$1,301$26,015
Total Deductions78%430$2,707$1,164,216
Taxable Income99%545$45,513$24,804,682
Medicare Levy 71%390$849$331,103
Medicare Surcharge 1%5$716$3,578
Gross Tax 80%440$10,034$4,414,976
Net Tax 73%400$11,029$4,411,540
Average Tax 100%550 $8,021$4,411,540
Gross Tax Rate 80%440 22%$4,414,976
Net Tax Rate 73%400 24%$4,411,540
Average Tax Rate 100%550 18%$4,411,540
%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 $45,513. It is estimated that the average taxable income for people who paid a net amount of tax was $57662.

The average net tax paid was $11,029. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 390 people for an average of $849. 5 people paid $716 on average more for the Medicare surcharge.

445 people earned a salary or wage and took home an average of $45,668 each.

Government allowance and payments were collected by 25 people for on average $3,971. 30 people received the pension or other allowance.

Charitable gifts and donations of an average of $196 were made by 200 people.

The costs of tax affairs for 280 people were claimed for $314 each.