TaxStats for postcode 3880 FY2013

Postcode 3880 includes Boole Poole, Ocean Grange, Paynesville, Raymond Island in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 1,920 individuals in postcode 3880. Of these people, 1,910 made a taxable income or loss. 1,355 of the population paid a gross amount of tax. After tax offsets, 1,135 people actually paid a net amount of tax. There were 775 non-taxable people who paid net tax of $0.

Compare TaxStats of 3880 with VIC

3880 TaxStats FY2013%Ppl#Ppl3880
Total Individuals100%1,920
Salary or Wage 62%1,190$41,912$49,875,564
Gross Interest57%1,095$2,547$2,788,616
Unfranked Dividends15%295$896$264,191
Franked Dividends33%625$6,779$4,236,703
Dividend Franking Credit32%620$2,924$1,812,881
Capital Gains6%115$9,347$1,074,952
Termination Payouts2%30$15,396$461,874
Tips/Directors Fees etc19%365$3,430$1,251,838
Business Income9%175$14,690$2,570,706
Foreign Income6%115$735$84,493
Government payments9%175$5,048$883,454
Government pensions12%240$9,047$2,171,180
Total Income or Loss99%1,910$41,002$78,313,505
Charitable Gifts33%635$236$149,656
Cost of Tax Affairs44%845$410$346,060
Work Car expenses19%365$2,030$741,009
Work Travel expenses8%155$1,409$218,431
Self Education expenses3%60$1,414$84,868
Total Deductions74%1,415$2,246$3,178,613
Taxable Income99%1,910$39,268$75,002,400
Medicare Levy 56%1,080$855$923,465
Medicare Surcharge 1%25$1,057$26,426
Gross Tax 71%1,355$9,674$13,108,554
Net Tax 59%1,135$11,167$12,674,886
Average Tax 100%1,920 $6,602$12,674,886
Gross Tax Rate 71%1,355 25%$13,108,554
Net Tax Rate 59%1,135 28%$12,674,886
Average Tax Rate 100%1,920 17%$12,674,886
%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 $39,268. It is estimated that the average taxable income for people who paid a net amount of tax was $57888.

The average net tax paid was $11,167. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 1,080 people for an average of $855. 25 people paid $1,057 on average more for the Medicare surcharge.

1,190 people earned a salary or wage and took home an average of $41,912 each.

Government allowance and payments were collected by 175 people for on average $5,048. 240 people received the pension or other allowance.

Charitable gifts and donations of an average of $236 were made by 635 people.

The costs of tax affairs for 845 people were claimed for $410 each.