TaxStats for postcode 3860 FY2013

Postcode 3860 includes Boisdale, Boisdale, Briagolong, Briagolong, Bushy Park, Bushy Park, Coongulla, Coongulla, Koorool, Maffra, Maffra, Monomak, Moroka, Nuntin, Nuntin, Riverslea, Riverslea, Toolome, Valencia Creek, Valencia Creek, Woolenook, Wrathung, Wrixon in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 3,895 individuals in postcode 3860. Of these people, 3,870 made a taxable income or loss. 2,965 of the population paid a gross amount of tax. After tax offsets, 2,625 people actually paid a net amount of tax. There were 1,245 non-taxable people who paid net tax of $0.

Compare TaxStats of 3860 with VIC

3860 TaxStats FY2013%Ppl#Ppl3860
Total Individuals100%3,895
Salary or Wage 77%2,980$49,039$146,135,992
Gross Interest57%2,215$1,982$4,389,645
Unfranked Dividends16%620$819$507,941
Franked Dividends25%990$4,179$4,137,645
Dividend Franking Credit25%980$1,808$1,772,263
Capital Gains5%185$5,704$1,055,274
Termination Payouts3%110$23,386$2,572,456
Tips/Directors Fees etc23%910$2,632$2,394,698
Business Income9%360$8,302$2,988,763
Foreign Income6%220$885$194,778
Government payments8%300$4,907$1,472,199
Government pensions7%255$9,418$2,401,469
Total Income or Loss100%3,885$48,071$186,757,578
Charitable Gifts39%1,535$238$365,130
Cost of Tax Affairs48%1,875$356$667,475
Work Car expenses36%1,410$2,174$3,065,818
Work Travel expenses12%460$2,429$1,117,128
Self Education expenses4%155$2,071$321,046
Total Deductions81%3,140$3,342$10,495,166
Taxable Income99%3,870$45,287$175,261,348
Medicare Levy 64%2,480$929$2,304,382
Medicare Surcharge 3%110$1,514$166,516
Gross Tax 76%2,965$11,291$33,478,020
Net Tax 67%2,625$12,645$33,193,712
Average Tax 100%3,895 $8,522$33,193,712
Gross Tax Rate 76%2,965 25%$33,478,020
Net Tax Rate 67%2,625 28%$33,193,712
Average Tax Rate 100%3,895 19%$33,193,712
%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 $45,287. It is estimated that the average taxable income for people who paid a net amount of tax was $61075.

The average net tax paid was $12,645. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 2,480 people for an average of $929. 110 people paid $1,514 on average more for the Medicare surcharge.

2,980 people earned a salary or wage and took home an average of $49,039 each.

Government allowance and payments were collected by 300 people for on average $4,907. 255 people received the pension or other allowance.

Charitable gifts and donations of an average of $238 were made by 1,535 people.

The costs of tax affairs for 1,875 people were claimed for $356 each.