TaxStats for postcode 3888 FY2013

Postcode 3888 includes Bendoc, Bete Bolong, Bete Bolong North, Bonang, Brodribb River, Cabanandra, Cape Conran, Corringle, Deddick Valley, Delegate River, Delegate River East, Dellicknora, Goongerah, Haydens Bog, Jarrahmond, Lochend, Marlo, Martins Creek, Nurran, Orbost, Simpsons Creek, Tostaree, Tubbut, Waygara, Wombat Creek in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 1,720 individuals in postcode 3888. Of these people, 1,705 made a taxable income or loss. 1,260 of the population paid a gross amount of tax. After tax offsets, 1,100 people actually paid a net amount of tax. There were 605 non-taxable people who paid net tax of $0.

Compare TaxStats of 3888 with VIC

3888 TaxStats FY2013%Ppl#Ppl3888
Total Individuals100%1,720
Salary or Wage 72%1,235$40,320$49,795,522
Gross Interest59%1,020$2,302$2,347,598
Unfranked Dividends15%250$1,564$391,005
Franked Dividends24%420$6,026$2,530,968
Dividend Franking Credit24%415$2,613$1,084,212
Capital Gains3%55$4,675$257,132
Termination Payouts1%20$5,818$116,360
Tips/Directors Fees etc22%375$2,929$1,098,270
Business Income10%170$15,818$2,689,102
Foreign Income4%65$269$17,512
Government payments11%190$5,744$1,091,291
Government pensions8%140$9,803$1,372,442
Total Income or Loss100%1,715$40,732$69,855,627
Charitable Gifts24%415$214$88,814
Cost of Tax Affairs40%685$299$204,668
Work Car expenses20%350$1,964$687,564
Work Travel expenses9%150$1,893$283,957
Self Education expenses3%55$1,460$80,274
Total Deductions74%1,275$2,271$2,895,228
Taxable Income99%1,705$38,986$66,471,314
Medicare Levy 59%1,010$826$834,007
Medicare Surcharge 2%40$1,256$50,224
Gross Tax 73%1,260$8,734$11,005,036
Net Tax 64%1,100$10,001$11,001,029
Average Tax 100%1,720 $6,396$11,001,029
Gross Tax Rate 73%1,260 22%$11,005,036
Net Tax Rate 64%1,100 26%$11,001,029
Average Tax Rate 100%1,720 16%$11,001,029
%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 $38,986. It is estimated that the average taxable income for people who paid a net amount of tax was $53828.

The average net tax paid was $10,001. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,010 people for an average of $826. 40 people paid $1,256 on average more for the Medicare surcharge.

1,235 people earned a salary or wage and took home an average of $40,320 each.

Government allowance and payments were collected by 190 people for on average $5,744. 140 people received the pension or other allowance.

Charitable gifts and donations of an average of $214 were made by 415 people.

The costs of tax affairs for 685 people were claimed for $299 each.