TaxStats for postcode 3984 FY2013

Postcode 3984 includes Adams Estate, Caldermeade, Corinella, Coronet Bay, Grantville, Jam Jerrup, Lang Lang, Lang Lang East, Monomeith, Pioneer Bay, Queensferry, Tenby Point, The Gurdies in Victoria, and is in the federal electorate of Flinders.

In FY 2013 the ATO recorded 2,335 individuals in postcode 3984. Of these people, 2,315 made a taxable income or loss. 1,745 of the population paid a gross amount of tax. After tax offsets, 1,525 people actually paid a net amount of tax. There were 790 non-taxable people who paid net tax of $0.

Compare TaxStats of 3984 with VIC

3984 TaxStats FY2013%Ppl#Ppl3984
Total Individuals100%2,335
Salary or Wage 71%1,650$43,801$72,271,685
Gross Interest51%1,190$2,937$3,494,762
Unfranked Dividends10%225$679$152,686
Franked Dividends21%500$3,901$1,950,495
Dividend Franking Credit21%500$1,674$836,893
Capital Gains4%100$14,831$1,483,098
Termination Payouts1%35$20,342$711,971
Tips/Directors Fees etc18%425$2,541$1,080,033
Business Income12%275$11,478$3,156,544
Foreign Income3%80$260$20,837
Government payments9%210$5,363$1,126,273
Government pensions9%210$9,323$1,957,899
Total Income or Loss99%2,320$41,540$96,372,455
Charitable Gifts36%830$206$171,292
Cost of Tax Affairs47%1,095$297$324,718
Work Car expenses25%585$2,636$1,542,351
Work Travel expenses7%155$2,072$321,138
Self Education expenses3%65$1,519$98,747
Total Deductions76%1,775$2,489$4,418,093
Taxable Income99%2,315$39,665$91,824,124
Medicare Levy 63%1,460$827$1,207,848
Medicare Surcharge 1%25$1,102$27,561
Gross Tax 75%1,745$9,073$15,832,370
Net Tax 65%1,525$10,430$15,905,583
Average Tax 100%2,335 $6,812$15,905,583
Gross Tax Rate 75%1,745 23%$15,832,370
Net Tax Rate 65%1,525 26%$15,905,583
Average Tax Rate 100%2,335 17%$15,905,583
%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 $39,665. It is estimated that the average taxable income for people who paid a net amount of tax was $53996.

The average net tax paid was $10,430. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,460 people for an average of $827. 25 people paid $1,102 on average more for the Medicare surcharge.

1,650 people earned a salary or wage and took home an average of $43,801 each.

Government allowance and payments were collected by 210 people for on average $5,363. 210 people received the pension or other allowance.

Charitable gifts and donations of an average of $206 were made by 830 people.

The costs of tax affairs for 1,095 people were claimed for $297 each.