TaxStats for postcode 3778 FY2013

Postcode 3778 includes Fernshaw, Narbethong in Victoria, and is in the federal electorate of Indi.

In FY 2013 the ATO recorded 110 individuals in postcode 3778. Of these people, 110 made a taxable income or loss. 80 of the population paid a gross amount of tax. After tax offsets, 70 people actually paid a net amount of tax. There were 40 non-taxable people who paid net tax of $0.

Compare TaxStats of 3778 with VIC

3778 TaxStats FY2013%Ppl#Ppl3778
Avg
3778
Total
Total Individuals100%110
Income
Salary or Wage 73%80$36,117$2,889,329
Gross Interest59%65$2,655$172,580
Unfranked Dividends5%5$360$1,798
Franked Dividends14%15$2,317$34,758
Dividend Franking Credit14%15$993$14,891
Capital Gains5%5$264$1,322
Termination Payouts5%5$536$2,679
Tips/Directors Fees etc9%10$3,612$36,117
Business Income18%20$-5,426$-108,511
Foreign Income5%5$880$4,402
Government payments5%5$3,579$17,894
Government pensions9%10$7,495$74,953
Total Income or Loss100%110$31,939$3,513,286
Deducations
Charitable Gifts23%25$223$5,575
Cost of Tax Affairs32%35$191$6,699
Work Car expenses23%25$2,112$52,811
Work Travel expenses9%10$876$8,759
Self Education expenses%0$$0
Total Deductions68%75$1,621$121,561
Taxation
Taxable Income100%110$30,726$3,379,886
Medicare Levy 59%65$627$40,728
Medicare Surcharge %0$$0
Gross Tax 73%80$5,138$411,028
Net Tax 64%70$5,888$412,142
Average Tax 100%110 $3,747$412,142
Gross Tax Rate 73%80 17%$411,028
Net Tax Rate 64%70 19%$412,142
Average Tax Rate 100%110 12%$412,142
%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 $30,726. It is estimated that the average taxable income for people who paid a net amount of tax was $41427.

The average net tax paid was $5,888. This equates to an average tax of 19 cents in the dollar on taxable income.

The Medicare levy was paid by 65 people for an average of $627.

80 people earned a salary or wage and took home an average of $36,117 each.

Government allowance and payments were collected by 5 people for on average $3,579. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $223 were made by 25 people.

The costs of tax affairs for 35 people were claimed for $191 each.