TaxStats for postcode 3885 FY2013

Postcode 3885 includes Brumby, Bruthen, Buchan, Buchan South, Butchers Ridge, Gelantipy, Mossiface, Murrindal, Suggan Buggan, Tambo Upper, Timbarra, W Tree, Wiseleigh, Wulgulmerang, Wulgulmerang East, Wulgulmerang West, Yalmy in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 1,020 individuals in postcode 3885. Of these people, 1,005 made a taxable income or loss. 735 of the population paid a gross amount of tax. After tax offsets, 640 people actually paid a net amount of tax. There were 365 non-taxable people who paid net tax of $0.

Compare TaxStats of 3885 with VIC

3885 TaxStats FY2013%Ppl#Ppl3885
Total Individuals100%1,020
Salary or Wage 75%765$39,797$30,445,002
Gross Interest53%545$1,448$789,108
Unfranked Dividends10%100$377$37,678
Franked Dividends19%195$3,932$766,807
Dividend Franking Credit19%195$1,687$328,986
Capital Gains3%30$8,233$246,985
Termination Payouts1%15$1,857$27,853
Tips/Directors Fees etc23%235$2,644$621,340
Business Income11%115$6,094$700,798
Foreign Income3%30$1,283$38,481
Government payments11%115$5,106$587,161
Government pensions7%75$9,518$713,840
Total Income or Loss100%1,015$36,976$37,530,343
Charitable Gifts29%295$227$67,022
Cost of Tax Affairs46%465$273$126,786
Work Car expenses23%235$2,260$531,150
Work Travel expenses8%85$2,714$230,672
Self Education expenses4%45$1,232$55,452
Total Deductions77%790$2,249$1,776,341
Taxable Income99%1,005$35,436$35,613,488
Medicare Levy 59%605$739$446,878
Medicare Surcharge 1%15$1,071$16,060
Gross Tax 72%735$7,531$5,535,051
Net Tax 63%640$8,639$5,528,717
Average Tax 100%1,020 $5,420$5,528,717
Gross Tax Rate 72%735 21%$5,535,051
Net Tax Rate 63%640 24%$5,528,717
Average Tax Rate 100%1,020 15%$5,528,717
%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 $35,436. It is estimated that the average taxable income for people who paid a net amount of tax was $48802.

The average net tax paid was $8,639. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 605 people for an average of $739. 15 people paid $1,071 on average more for the Medicare surcharge.

765 people earned a salary or wage and took home an average of $39,797 each.

Government allowance and payments were collected by 115 people for on average $5,106. 75 people received the pension or other allowance.

Charitable gifts and donations of an average of $227 were made by 295 people.

The costs of tax affairs for 465 people were claimed for $273 each.