TaxStats for postcode 3850 FY2013

Postcode 3850 includes Guthridge, Guthridge, Sale, Sale, Wurruk, Wurruk in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 7,980 individuals in postcode 3850. Of these people, 7,925 made a taxable income or loss. 6,310 of the population paid a gross amount of tax. After tax offsets, 5,670 people actually paid a net amount of tax. There were 2,255 non-taxable people who paid net tax of $0.

Compare TaxStats of 3850 with VIC

3850 TaxStats FY2013%Ppl#Ppl3850
Total Individuals100%7,980
Salary or Wage 79%6,335$54,228$343,531,215
Gross Interest57%4,540$1,883$8,550,134
Unfranked Dividends12%980$589$577,376
Franked Dividends24%1,920$5,612$10,775,694
Dividend Franking Credit24%1,910$2,413$4,609,646
Capital Gains4%355$8,793$3,121,587
Termination Payouts2%160$17,271$2,763,365
Tips/Directors Fees etc25%1,960$2,329$4,565,626
Business Income7%595$15,574$9,266,635
Foreign Income7%565$926$523,416
Government payments8%655$5,056$3,311,403
Government pensions7%580$9,165$5,315,876
Total Income or Loss100%7,950$54,820$435,817,518
Charitable Gifts42%3,370$418$1,409,962
Cost of Tax Affairs48%3,820$333$1,271,694
Work Car expenses36%2,885$2,188$6,310,959
Work Travel expenses11%870$1,464$1,273,758
Self Education expenses5%390$2,137$833,570
Total Deductions83%6,595$3,146$20,750,211
Taxable Income99%7,925$52,313$414,581,349
Medicare Levy 66%5,260$1,001$5,266,028
Medicare Surcharge 3%230$1,382$317,807
Gross Tax 79%6,310$13,491$85,129,421
Net Tax 71%5,670$14,964$84,844,844
Average Tax 100%7,980 $10,632$84,844,844
Gross Tax Rate 79%6,310 26%$85,129,421
Net Tax Rate 71%5,670 29%$84,844,844
Average Tax Rate 100%7,980 20%$84,844,844
%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 $52,313. It is estimated that the average taxable income for people who paid a net amount of tax was $68346.

The average net tax paid was $14,964. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 5,260 people for an average of $1,001. 230 people paid $1,382 on average more for the Medicare surcharge.

6,335 people earned a salary or wage and took home an average of $54,228 each.

Government allowance and payments were collected by 655 people for on average $5,056. 580 people received the pension or other allowance.

Charitable gifts and donations of an average of $418 were made by 3,370 people.

The costs of tax affairs for 3,820 people were claimed for $333 each.