TaxStats for postcode 3971 FY2013

Postcode 3971 includes Alberton, Alberton West, Balook, Balook, Calrossie, Calrossie, Devon North, Devon North, Gelliondale, Hiawatha, Hunterston, Hunterston, Jack River, Langsborough, Macks Creek, Macks Creek, Madalya, Manns Beach, Port Albert, Robertsons Beach, Staceys Bridge, Tarra Valley, Tarraville, Won Wron, Won Wron, Yarram, Yarram in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 2,155 individuals in postcode 3971. Of these people, 2,135 made a taxable income or loss. 1,570 of the population paid a gross amount of tax. After tax offsets, 1,355 people actually paid a net amount of tax. There were 780 non-taxable people who paid net tax of $0.

Compare TaxStats of 3971 with VIC

3971 TaxStats FY2013%Ppl#Ppl3971
Total Individuals100%2,155
Salary or Wage 68%1,475$46,174$68,106,616
Gross Interest60%1,290$3,128$4,034,828
Unfranked Dividends20%425$955$405,960
Franked Dividends29%615$4,474$2,751,793
Dividend Franking Credit29%615$1,916$1,178,142
Capital Gains4%90$4,311$387,979
Termination Payouts3%65$40,465$2,630,257
Tips/Directors Fees etc17%375$2,287$857,477
Business Income10%215$5,210$1,120,213
Foreign Income6%125$373$46,575
Government payments8%165$4,741$782,234
Government pensions8%170$9,420$1,601,351
Total Income or Loss100%2,145$43,254$92,780,426
Charitable Gifts26%570$237$134,951
Cost of Tax Affairs42%900$309$278,082
Work Car expenses22%480$2,220$1,065,542
Work Travel expenses7%160$1,843$294,907
Self Education expenses4%95$2,261$214,825
Total Deductions73%1,575$2,551$4,018,012
Taxable Income99%2,135$41,470$88,539,399
Medicare Levy 60%1,295$890$1,153,047
Medicare Surcharge 3%55$2,009$110,487
Gross Tax 73%1,570$10,588$16,623,096
Net Tax 63%1,355$12,111$16,409,774
Average Tax 100%2,155 $7,615$16,409,774
Gross Tax Rate 73%1,570 26%$16,623,096
Net Tax Rate 63%1,355 29%$16,409,774
Average Tax Rate 100%2,155 18%$16,409,774
%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 $41,470. It is estimated that the average taxable income for people who paid a net amount of tax was $58435.

The average net tax paid was $12,111. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 1,295 people for an average of $890. 55 people paid $2,009 on average more for the Medicare surcharge.

1,475 people earned a salary or wage and took home an average of $46,174 each.

Government allowance and payments were collected by 165 people for on average $4,741. 170 people received the pension or other allowance.

Charitable gifts and donations of an average of $237 were made by 570 people.

The costs of tax affairs for 900 people were claimed for $309 each.