TaxStats for postcode 3842 FY2013

Postcode 3842 includes Churchill, Churchill in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 2,195 individuals in postcode 3842. Of these people, 2,185 made a taxable income or loss. 1,715 of the population paid a gross amount of tax. After tax offsets, 1,560 people actually paid a net amount of tax. There were 625 non-taxable people who paid net tax of $0.

Compare TaxStats of 3842 with VIC

3842 TaxStats FY2013%Ppl#Ppl3842
Total Individuals100%2,195
Salary or Wage 85%1,865$49,756$92,795,444
Gross Interest49%1,085$1,396$1,514,292
Unfranked Dividends9%200$572$114,451
Franked Dividends18%390$3,413$1,331,000
Dividend Franking Credit18%390$1,463$570,452
Capital Gains3%55$8,114$446,260
Termination Payouts4%85$13,198$1,121,824
Tips/Directors Fees etc23%515$1,722$886,898
Business Income7%150$13,392$2,008,760
Foreign Income4%80$219$17,499
Government payments12%260$5,836$1,517,368
Government pensions6%135$9,813$1,324,748
Total Income or Loss100%2,185$49,877$108,980,921
Charitable Gifts54%1,190$215$255,977
Cost of Tax Affairs52%1,135$201$228,367
Work Car expenses32%710$2,040$1,448,355
Work Travel expenses10%230$1,523$350,381
Self Education expenses6%135$1,737$234,514
Total Deductions83%1,825$2,574$4,698,448
Taxable Income100%2,185$47,720$104,268,169
Medicare Levy 68%1,485$935$1,388,855
Medicare Surcharge 2%50$1,291$64,572
Gross Tax 78%1,715$11,448$19,633,005
Net Tax 71%1,560$12,847$20,040,978
Average Tax 100%2,195 $9,130$20,040,978
Gross Tax Rate 78%1,715 24%$19,633,005
Net Tax Rate 71%1,560 27%$20,040,978
Average Tax Rate 100%2,195 19%$20,040,978
%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 $47,720. It is estimated that the average taxable income for people who paid a net amount of tax was $62031.

The average net tax paid was $12,847. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 1,485 people for an average of $935. 50 people paid $1,291 on average more for the Medicare surcharge.

1,865 people earned a salary or wage and took home an average of $49,756 each.

Government allowance and payments were collected by 260 people for on average $5,836. 135 people received the pension or other allowance.

Charitable gifts and donations of an average of $215 were made by 1,190 people.

The costs of tax affairs for 1,135 people were claimed for $201 each.