TaxStats for postcode 3981 FY2013

Postcode 3981 includes Bayles, Catani, Dalmore, Heath Hill, Koo Wee Rup, Koo Wee Rup North, Yannathan in Victoria, and is in the federal electorate of Flinders.

In FY 2013 the ATO recorded 2,335 individuals in postcode 3981. Of these people, 2,315 made a taxable income or loss. 1,830 of the population paid a gross amount of tax. After tax offsets, 1,650 people actually paid a net amount of tax. There were 665 non-taxable people who paid net tax of $0.

Compare TaxStats of 3981 with VIC

3981 TaxStats FY2013%Ppl#Ppl3981
Total Individuals100%2,335
Salary or Wage 74%1,735$46,510$80,695,240
Gross Interest50%1,165$2,150$2,504,653
Unfranked Dividends10%245$331$81,085
Franked Dividends19%455$10,014$4,556,219
Dividend Franking Credit19%455$4,291$1,952,299
Capital Gains3%70$10,222$715,552
Termination Payouts1%35$5,370$187,952
Tips/Directors Fees etc19%435$3,696$1,607,944
Business Income12%285$14,364$4,093,694
Foreign Income3%70$381$26,671
Government payments6%130$4,427$575,561
Government pensions5%115$10,262$1,180,117
Total Income or Loss100%2,325$45,968$106,875,777
Charitable Gifts38%880$190$167,216
Cost of Tax Affairs46%1,085$375$406,506
Work Car expenses29%670$2,452$1,642,614
Work Travel expenses7%175$2,204$385,647
Self Education expenses4%85$1,596$135,634
Total Deductions78%1,825$2,861$5,220,508
Taxable Income99%2,315$43,742$101,262,932
Medicare Levy 67%1,565$861$1,347,574
Medicare Surcharge 1%20$1,113$22,253
Gross Tax 78%1,830$10,030$18,355,775
Net Tax 71%1,650$11,381$18,778,163
Average Tax 100%2,335 $8,042$18,778,163
Gross Tax Rate 78%1,830 23%$18,355,775
Net Tax Rate 71%1,650 26%$18,778,163
Average Tax Rate 100%2,335 18%$18,778,163
%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 $43,742. It is estimated that the average taxable income for people who paid a net amount of tax was $56535.

The average net tax paid was $11,381. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,565 people for an average of $861. 20 people paid $1,113 on average more for the Medicare surcharge.

1,735 people earned a salary or wage and took home an average of $46,510 each.

Government allowance and payments were collected by 130 people for on average $4,427. 115 people received the pension or other allowance.

Charitable gifts and donations of an average of $190 were made by 880 people.

The costs of tax affairs for 1,085 people were claimed for $375 each.