TaxStats for postcode 3887 FY2013

Postcode 3887 includes Lake Tyers, Nowa Nowa, Wairewa in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 155 individuals in postcode 3887. Of these people, 155 made a taxable income or loss. 105 of the population paid a gross amount of tax. After tax offsets, 90 people actually paid a net amount of tax. There were 65 non-taxable people who paid net tax of $0.

Compare TaxStats of 3887 with VIC

3887 TaxStats FY2013%Ppl#Ppl3887
Total Individuals100%155
Salary or Wage 74%115$35,330$4,062,969
Gross Interest52%80$667$53,342
Unfranked Dividends13%20$84$1,675
Franked Dividends23%35$609$21,310
Dividend Franking Credit19%30$305$9,141
Capital Gains%0$$0
Termination Payouts3%5$54$272
Tips/Directors Fees etc19%30$2,708$81,228
Business Income10%15$-14,368$-215,527
Foreign Income3%5$98$489
Government payments10%15$5,827$87,404
Government pensions10%15$9,064$135,960
Total Income or Loss100%155$31,929$4,948,981
Charitable Gifts23%35$231$8,092
Cost of Tax Affairs42%65$355$23,051
Work Car expenses29%45$2,385$107,327
Work Travel expenses10%15$1,902$28,531
Self Education expenses3%5$300$1,498
Total Deductions74%115$2,175$250,170
Taxable Income100%155$29,890$4,632,902
Medicare Levy 55%85$640$54,437
Medicare Surcharge 3%5$319$1,594
Gross Tax 68%105$5,648$593,037
Net Tax 58%90$6,460$581,355
Average Tax 100%155 $3,751$581,355
Gross Tax Rate 68%105 19%$593,037
Net Tax Rate 58%90 22%$581,355
Average Tax Rate 100%155 13%$581,355
%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 $29,890. It is estimated that the average taxable income for people who paid a net amount of tax was $42810.

The average net tax paid was $6,460. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 85 people for an average of $640. 5 people paid $319 on average more for the Medicare surcharge.

115 people earned a salary or wage and took home an average of $35,330 each.

Government allowance and payments were collected by 15 people for on average $5,827. 15 people received the pension or other allowance.

Charitable gifts and donations of an average of $231 were made by 35 people.

The costs of tax affairs for 65 people were claimed for $355 each.