TaxStats for postcode 3886 FY2013

Postcode 3886 includes Newmerella in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 200 individuals in postcode 3886. Of these people, 200 made a taxable income or loss. 145 of the population paid a gross amount of tax. After tax offsets, 125 people actually paid a net amount of tax. There were 75 non-taxable people who paid net tax of $0.

Compare TaxStats of 3886 with VIC

3886 TaxStats FY2013%Ppl#Ppl3886
Total Individuals100%200
Salary or Wage 70%140$45,174$6,324,344
Gross Interest60%120$1,471$176,535
Unfranked Dividends15%30$566$16,993
Franked Dividends22%45$4,175$187,892
Dividend Franking Credit22%45$1,789$80,514
Capital Gains5%10$4,420$44,200
Termination Payouts2%5$11,721$58,604
Tips/Directors Fees etc20%40$2,056$82,223
Business Income12%25$3,587$89,687
Foreign Income2%5$732$3,658
Government payments12%25$6,021$150,518
Government pensions8%15$8,758$131,375
Total Income or Loss100%200$43,255$8,650,978
Charitable Gifts20%40$90$3,615
Cost of Tax Affairs38%75$376$28,164
Work Car expenses22%45$2,182$98,203
Work Travel expenses5%10$2,145$21,453
Self Education expenses5%10$803$8,027
Total Deductions75%150$1,946$291,971
Taxable Income100%200$41,644$8,328,844
Medicare Levy 60%120$883$105,939
Medicare Surcharge 2%5$737$3,686
Gross Tax 72%145$10,575$1,533,393
Net Tax 62%125$11,370$1,421,197
Average Tax 100%200 $7,106$1,421,197
Gross Tax Rate 72%145 25%$1,533,393
Net Tax Rate 62%125 27%$1,421,197
Average Tax Rate 100%200 17%$1,421,197
%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 $41,644. It is estimated that the average taxable income for people who paid a net amount of tax was $59431.

The average net tax paid was $11,370. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 120 people for an average of $883. 5 people paid $737 on average more for the Medicare surcharge.

140 people earned a salary or wage and took home an average of $45,174 each.

Government allowance and payments were collected by 25 people for on average $6,021. 15 people received the pension or other allowance.

Charitable gifts and donations of an average of $90 were made by 40 people.

The costs of tax affairs for 75 people were claimed for $376 each.