TaxStats for postcode 3878 FY2013

Postcode 3878 includes Eagle Point in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 530 individuals in postcode 3878. Of these people, 530 made a taxable income or loss. 400 of the population paid a gross amount of tax. After tax offsets, 365 people actually paid a net amount of tax. There were 165 non-taxable people who paid net tax of $0.

Compare TaxStats of 3878 with VIC

3878 TaxStats FY2013%Ppl#Ppl3878
Total Individuals100%530
Salary or Wage 66%350$43,697$15,293,956
Gross Interest58%310$2,430$753,196
Unfranked Dividends12%65$475$30,867
Franked Dividends32%170$40,528$6,889,746
Dividend Franking Credit32%170$17,371$2,953,004
Capital Gains8%45$9,609$432,389
Termination Payouts2%10$2,439$24,386
Tips/Directors Fees etc18%95$1,044$99,135
Business Income8%45$23,888$1,074,967
Foreign Income7%35$634$22,186
Government payments6%30$4,713$141,376
Government pensions9%50$10,336$516,815
Total Income or Loss100%530$62,410$33,077,535
Charitable Gifts37%195$245$47,749
Cost of Tax Affairs45%240$305$73,206
Work Car expenses25%135$1,942$262,185
Work Travel expenses8%40$1,055$42,184
Self Education expenses4%20$2,193$43,865
Total Deductions80%425$3,058$1,299,845
Taxable Income100%530$59,932$31,763,952
Medicare Levy 67%355$1,221$433,558
Medicare Surcharge 1%5$1,829$9,147
Gross Tax 75%400$20,038$8,015,192
Net Tax 69%365$22,166$8,090,546
Average Tax 100%530 $15,265$8,090,546
Gross Tax Rate 75%400 33%$8,015,192
Net Tax Rate 69%365 37%$8,090,546
Average Tax Rate 100%530 25%$8,090,546
%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 $59,932. It is estimated that the average taxable income for people who paid a net amount of tax was $81600.

The average net tax paid was $22,166. This equates to an average tax of 37 cents in the dollar on taxable income.

The Medicare levy was paid by 355 people for an average of $1,221. 5 people paid $1,829 on average more for the Medicare surcharge.

350 people earned a salary or wage and took home an average of $43,697 each.

Government allowance and payments were collected by 30 people for on average $4,713. 50 people received the pension or other allowance.

Charitable gifts and donations of an average of $245 were made by 195 people.

The costs of tax affairs for 240 people were claimed for $305 each.