TaxStats for postcode 3360 FY2013

Postcode 3360 includes Linton, Mannibadar, Pittong, Willowvale, Willowvale in Victoria, and is in the federal electorate of Corangamite.

In FY 2013 the ATO recorded 345 individuals in postcode 3360. Of these people, 340 made a taxable income or loss. 260 of the population paid a gross amount of tax. After tax offsets, 225 people actually paid a net amount of tax. There were 115 non-taxable people who paid net tax of $0.

Compare TaxStats of 3360 with VIC

3360 TaxStats FY2013%Ppl#Ppl3360
Total Individuals100%345
Salary or Wage 74%255$40,034$10,208,778
Gross Interest62%215$1,547$332,667
Unfranked Dividends17%60$526$31,587
Franked Dividends26%90$2,044$183,964
Dividend Franking Credit26%90$876$78,805
Capital Gains4%15$6,209$93,134
Termination Payouts1%5$11,818$59,089
Tips/Directors Fees etc22%75$2,625$196,911
Business Income9%30$6,578$197,330
Foreign Income6%20$170$3,408
Government payments10%35$5,106$178,714
Government pensions6%20$12,608$252,154
Total Income or Loss100%345$40,266$13,891,829
Charitable Gifts35%120$352$42,221
Cost of Tax Affairs48%165$228$37,613
Work Car expenses28%95$2,311$219,530
Work Travel expenses6%20$2,925$58,499
Self Education expenses3%10$1,553$15,526
Total Deductions78%270$2,287$617,535
Taxable Income99%340$38,250$13,005,143
Medicare Levy 62%215$745$160,174
Medicare Surcharge 1%5$168$841
Gross Tax 75%260$7,608$1,978,154
Net Tax 65%225$8,669$1,950,533
Average Tax 100%345 $5,654$1,950,533
Gross Tax Rate 75%260 20%$1,978,154
Net Tax Rate 65%225 23%$1,950,533
Average Tax Rate 100%345 15%$1,950,533
%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 $38,250. It is estimated that the average taxable income for people who paid a net amount of tax was $51667.

The average net tax paid was $8,669. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 215 people for an average of $745. 5 people paid $168 on average more for the Medicare surcharge.

255 people earned a salary or wage and took home an average of $40,034 each.

Government allowance and payments were collected by 35 people for on average $5,106. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $352 were made by 120 people.

The costs of tax affairs for 165 people were claimed for $228 each.