TaxStats for postcode 3333 FY2013

Postcode 3333 includes Bamganie, Meredith in Victoria, and is in the federal electorate of Corangamite.

In FY 2013 the ATO recorded 485 individuals in postcode 3333. Of these people, 475 made a taxable income or loss. 330 of the population paid a gross amount of tax. After tax offsets, 300 people actually paid a net amount of tax. There were 175 non-taxable people who paid net tax of $0.

Compare TaxStats of 3333 with VIC

3333 TaxStats FY2013%Ppl#Ppl3333
Total Individuals100%485
Salary or Wage 67%325$46,226$15,023,301
Gross Interest47%230$3,220$740,594
Unfranked Dividends12%60$1,236$74,190
Franked Dividends24%115$16,736$1,924,689
Dividend Franking Credit24%115$7,173$824,882
Capital Gains6%30$3,176$95,265
Termination Payouts1%5$6,199$30,993
Tips/Directors Fees etc18%85$2,968$252,276
Business Income12%60$434$26,063
Foreign Income5%25$1,734$43,362
Government payments4%20$4,954$99,079
Government pensions4%20$10,212$204,242
Total Income or Loss98%475$44,692$21,228,673
Charitable Gifts32%155$1,324$205,239
Cost of Tax Affairs42%205$299$61,375
Work Car expenses26%125$2,545$318,153
Work Travel expenses7%35$1,224$42,843
Self Education expenses3%15$1,648$24,724
Total Deductions68%330$3,556$1,173,567
Taxable Income98%475$42,199$20,044,512
Medicare Levy 60%290$927$268,974
Medicare Surcharge 1%5$1,011$5,055
Gross Tax 68%330$11,902$3,927,612
Net Tax 62%300$13,220$3,966,088
Average Tax 100%485 $8,178$3,966,088
Gross Tax Rate 68%330 28%$3,927,612
Net Tax Rate 62%300 31%$3,966,088
Average Tax Rate 100%485 19%$3,966,088
%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 $42,199. It is estimated that the average taxable income for people who paid a net amount of tax was $59815.

The average net tax paid was $13,220. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 290 people for an average of $927. 5 people paid $1,011 on average more for the Medicare surcharge.

325 people earned a salary or wage and took home an average of $46,226 each.

Government allowance and payments were collected by 20 people for on average $4,954. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,324 were made by 155 people.

The costs of tax affairs for 205 people were claimed for $299 each.