TaxStats for postcode 3966 FY2013

Postcode 3966 includes Binginwarri, Hazel Park, Welshpool in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 285 individuals in postcode 3966. Of these people, 280 made a taxable income or loss. 195 of the population paid a gross amount of tax. After tax offsets, 175 people actually paid a net amount of tax. There were 105 non-taxable people who paid net tax of $0.

Compare TaxStats of 3966 with VIC

3966 TaxStats FY2013%Ppl#Ppl3966
Total Individuals100%285
Salary or Wage 61%175$46,173$8,080,293
Gross Interest60%170$3,067$521,325
Unfranked Dividends25%70$939$65,729
Franked Dividends32%90$7,780$700,220
Dividend Franking Credit32%90$3,334$300,082
Capital Gains5%15$4,588$68,825
Termination Payouts2%5$41,217$206,083
Tips/Directors Fees etc18%50$4,708$235,416
Business Income14%40$1,917$76,667
Foreign Income4%10$420$4,205
Government payments5%15$6,684$100,265
Government pensions5%15$9,032$135,483
Total Income or Loss100%285$42,578$12,134,720
Charitable Gifts35%100$185$18,490
Cost of Tax Affairs39%110$413$45,406
Work Car expenses23%65$2,359$153,350
Work Travel expenses9%25$3,572$89,312
Self Education expenses2%5$311$1,553
Total Deductions70%200$2,819$563,765
Taxable Income98%280$41,268$11,555,153
Medicare Levy 56%160$975$156,003
Medicare Surcharge 4%10$2,063$20,630
Gross Tax 68%195$11,981$2,336,258
Net Tax 61%175$12,950$2,266,214
Average Tax 100%285 $7,952$2,266,214
Gross Tax Rate 68%195 29%$2,336,258
Net Tax Rate 61%175 31%$2,266,214
Average Tax Rate 100%285 19%$2,266,214
%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 $41,268. It is estimated that the average taxable income for people who paid a net amount of tax was $58829.

The average net tax paid was $12,950. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 160 people for an average of $975. 10 people paid $2,063 on average more for the Medicare surcharge.

175 people earned a salary or wage and took home an average of $46,173 each.

Government allowance and payments were collected by 15 people for on average $6,684. 15 people received the pension or other allowance.

Charitable gifts and donations of an average of $185 were made by 100 people.

The costs of tax affairs for 110 people were claimed for $413 each.