TaxStats for postcode 3904 FY2013

Postcode 3904 includes Metung in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 730 individuals in postcode 3904. Of these people, 720 made a taxable income or loss. 500 of the population paid a gross amount of tax. After tax offsets, 425 people actually paid a net amount of tax. There were 295 non-taxable people who paid net tax of $0.

Compare TaxStats of 3904 with VIC

3904 TaxStats FY2013%Ppl#Ppl3904
Total Individuals100%730
Salary or Wage 60%435$42,882$18,653,705
Gross Interest59%430$2,343$1,007,656
Unfranked Dividends14%105$645$67,766
Franked Dividends32%230$7,233$1,663,537
Dividend Franking Credit32%230$3,096$712,032
Capital Gains6%45$18,409$828,413
Termination Payouts1%5$8,848$44,240
Tips/Directors Fees etc16%115$3,394$390,359
Business Income13%95$14,039$1,333,744
Foreign Income5%35$3,036$106,254
Government payments7%50$5,276$263,802
Government pensions10%75$9,281$696,095
Total Income or Loss99%725$41,806$30,309,115
Charitable Gifts33%240$439$105,381
Cost of Tax Affairs38%280$610$170,924
Work Car expenses23%165$2,211$364,879
Work Travel expenses7%50$1,423$71,151
Self Education expenses3%25$1,737$43,417
Total Deductions69%505$2,600$1,312,775
Taxable Income99%720$40,012$28,808,445
Medicare Levy 55%400$882$352,990
Medicare Surcharge 1%5$712$3,562
Gross Tax 68%500$10,238$5,119,210
Net Tax 58%425$11,828$5,026,941
Average Tax 100%730 $6,886$5,026,941
Gross Tax Rate 68%500 26%$5,119,210
Net Tax Rate 58%425 30%$5,026,941
Average Tax Rate 100%730 17%$5,026,941
%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 $40,012. It is estimated that the average taxable income for people who paid a net amount of tax was $59455.

The average net tax paid was $11,828. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 400 people for an average of $882. 5 people paid $712 on average more for the Medicare surcharge.

435 people earned a salary or wage and took home an average of $42,882 each.

Government allowance and payments were collected by 50 people for on average $5,276. 75 people received the pension or other allowance.

Charitable gifts and donations of an average of $439 were made by 240 people.

The costs of tax affairs for 280 people were claimed for $610 each.