TaxStats for postcode 3873 FY2013

Postcode 3873 includes Gormandale, Gormandale in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 215 individuals in postcode 3873. Of these people, 215 made a taxable income or loss. 155 of the population paid a gross amount of tax. After tax offsets, 130 people actually paid a net amount of tax. There were 85 non-taxable people who paid net tax of $0.

Compare TaxStats of 3873 with VIC

3873 TaxStats FY2013%Ppl#Ppl3873
Total Individuals100%215
Salary or Wage 72%155$52,344$8,113,345
Gross Interest58%125$3,177$397,082
Unfranked Dividends16%35$741$25,947
Franked Dividends23%50$3,437$171,861
Dividend Franking Credit23%50$1,473$73,634
Capital Gains2%5$1,392$6,961
Termination Payouts7%15$10,996$164,943
Tips/Directors Fees etc23%50$2,940$146,990
Business Income14%30$2,661$79,840
Foreign Income2%5$247$1,237
Government payments7%15$5,001$75,011
Government pensions7%15$11,342$170,132
Total Income or Loss100%215$45,322$9,744,283
Charitable Gifts37%80$217$17,389
Cost of Tax Affairs44%95$260$24,661
Work Car expenses30%65$2,128$138,317
Work Travel expenses7%15$2,992$44,876
Self Education expenses5%10$1,863$18,626
Total Deductions77%165$2,991$493,527
Taxable Income100%215$42,955$9,235,340
Medicare Levy 58%125$972$121,445
Medicare Surcharge 2%5$1,260$6,298
Gross Tax 72%155$11,299$1,751,400
Net Tax 60%130$13,523$1,758,014
Average Tax 100%215 $8,177$1,758,014
Gross Tax Rate 72%155 26%$1,751,400
Net Tax Rate 60%130 31%$1,758,014
Average Tax Rate 100%215 19%$1,758,014
%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 $42,955. It is estimated that the average taxable income for people who paid a net amount of tax was $63195.

The average net tax paid was $13,523. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 125 people for an average of $972. 5 people paid $1,260 on average more for the Medicare surcharge.

155 people earned a salary or wage and took home an average of $52,344 each.

Government allowance and payments were collected by 15 people for on average $5,001. 15 people received the pension or other allowance.

Charitable gifts and donations of an average of $217 were made by 80 people.

The costs of tax affairs for 95 people were claimed for $260 each.