TaxStats for postcode 3865 FY2013

Postcode 3865 includes Lindenow, Lindenow in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 300 individuals in postcode 3865. Of these people, 295 made a taxable income or loss. 230 of the population paid a gross amount of tax. After tax offsets, 210 people actually paid a net amount of tax. There were 85 non-taxable people who paid net tax of $0.

Compare TaxStats of 3865 with VIC

3865 TaxStats FY2013%Ppl#Ppl3865
Total Individuals100%300
Salary or Wage 77%230$42,364$9,743,680
Gross Interest53%160$1,520$243,177
Unfranked Dividends12%35$80$2,817
Franked Dividends25%75$4,237$317,749
Dividend Franking Credit25%75$1,818$136,359
Capital Gains2%5$968$4,838
Termination Payouts2%5$2,790$13,948
Tips/Directors Fees etc22%65$1,926$125,165
Business Income8%25$10,138$253,456
Foreign Income3%10$141$1,411
Government payments7%20$5,326$106,529
Government pensions7%20$12,204$244,078
Total Income or Loss100%300$41,717$12,515,223
Charitable Gifts28%85$207$17,605
Cost of Tax Affairs45%135$252$34,033
Work Car expenses28%85$2,059$175,052
Work Travel expenses8%25$2,418$60,441
Self Education expenses3%10$1,616$16,161
Total Deductions78%235$2,922$686,601
Taxable Income98%295$39,908$11,772,763
Medicare Levy 68%205$760$155,763
Medicare Surcharge 2%5$932$4,662
Gross Tax 77%230$8,110$1,865,256
Net Tax 70%210$8,994$1,888,683
Average Tax 100%300 $6,296$1,888,683
Gross Tax Rate 77%230 20%$1,865,256
Net Tax Rate 70%210 23%$1,888,683
Average Tax Rate 100%300 16%$1,888,683
%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 $39,908. It is estimated that the average taxable income for people who paid a net amount of tax was $51204.

The average net tax paid was $8,994. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 205 people for an average of $760. 5 people paid $932 on average more for the Medicare surcharge.

230 people earned a salary or wage and took home an average of $42,364 each.

Government allowance and payments were collected by 20 people for on average $5,326. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $207 were made by 85 people.

The costs of tax affairs for 135 people were claimed for $252 each.