TaxStats for postcode 3987 FY2013

Postcode 3987 includes Nyora in Victoria, and is in the federal electorate of Flinders.

In FY 2013 the ATO recorded 825 individuals in postcode 3987. Of these people, 815 made a taxable income or loss. 620 of the population paid a gross amount of tax. After tax offsets, 560 people actually paid a net amount of tax. There were 255 non-taxable people who paid net tax of $0.

Compare TaxStats of 3987 with VIC

3987 TaxStats FY2013%Ppl#Ppl3987
Total Individuals100%825
Salary or Wage 73%605$47,987$29,032,154
Gross Interest50%415$1,548$642,567
Unfranked Dividends9%75$441$33,108
Franked Dividends17%140$3,445$482,311
Dividend Franking Credit17%140$1,477$206,785
Capital Gains1%10$20,155$201,547
Termination Payouts3%25$9,761$244,019
Tips/Directors Fees etc22%180$3,716$668,966
Business Income10%80$18,411$1,472,856
Foreign Income2%20$1,429$28,575
Government payments7%55$4,816$264,877
Government pensions5%45$9,486$426,850
Total Income or Loss99%820$43,990$36,072,001
Charitable Gifts33%275$156$42,974
Cost of Tax Affairs46%380$251$95,243
Work Car expenses28%235$2,760$648,485
Work Travel expenses8%65$2,535$164,764
Self Education expenses3%25$2,362$59,038
Total Deductions78%645$2,755$1,777,128
Taxable Income99%815$42,038$34,261,071
Medicare Levy 65%540$851$459,561
Medicare Surcharge 2%20$1,329$26,582
Gross Tax 75%620$9,845$6,103,763
Net Tax 68%560$11,125$6,229,749
Average Tax 100%825 $7,551$6,229,749
Gross Tax Rate 75%620 23%$6,103,763
Net Tax Rate 68%560 26%$6,229,749
Average Tax Rate 100%825 18%$6,229,749
%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 $42,038. It is estimated that the average taxable income for people who paid a net amount of tax was $55716.

The average net tax paid was $11,125. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 540 people for an average of $851. 20 people paid $1,329 on average more for the Medicare surcharge.

605 people earned a salary or wage and took home an average of $47,987 each.

Government allowance and payments were collected by 55 people for on average $4,816. 45 people received the pension or other allowance.

Charitable gifts and donations of an average of $156 were made by 275 people.

The costs of tax affairs for 380 people were claimed for $251 each.