TaxStats for postcode 3995 FY2013

Postcode 3995 includes Anderson, Archies Creek, Cape Paterson, Harmers Haven, Hicksborough, Kilcunda, Lance Creek, North Wonthaggi, Powlett River, South Dudley, St Clair, Wattle Bank, Wonthaggi, Woolamai in Victoria, and is in the federal electorate of Flinders.

In FY 2013 the ATO recorded 4,885 individuals in postcode 3995. Of these people, 4,860 made a taxable income or loss. 3,625 of the population paid a gross amount of tax. After tax offsets, 3,145 people actually paid a net amount of tax. There were 1,715 non-taxable people who paid net tax of $0.

Compare TaxStats of 3995 with VIC

3995 TaxStats FY2013%Ppl#Ppl3995
Total Individuals100%4,885
Salary or Wage 73%3,550$39,340$139,655,829
Gross Interest56%2,735$2,065$5,649,028
Unfranked Dividends11%520$573$297,745
Franked Dividends22%1,070$4,330$4,633,025
Dividend Franking Credit22%1,070$1,855$1,984,647
Capital Gains4%195$18,219$3,552,643
Termination Payouts3%140$13,107$1,835,012
Tips/Directors Fees etc24%1,150$2,170$2,495,653
Business Income11%520$15,132$7,868,702
Foreign Income4%210$843$176,983
Government payments11%545$5,408$2,947,454
Government pensions8%390$9,272$3,616,189
Total Income or Loss100%4,870$39,975$194,679,301
Charitable Gifts45%2,175$214$464,862
Cost of Tax Affairs48%2,355$283$667,316
Work Car expenses28%1,385$2,091$2,895,420
Work Travel expenses7%355$1,660$589,434
Self Education expenses4%210$1,825$383,158
Total Deductions80%3,930$2,411$9,473,816
Taxable Income99%4,860$38,054$184,941,871
Medicare Levy 60%2,950$778$2,294,962
Medicare Surcharge 2%75$1,395$104,647
Gross Tax 74%3,625$8,189$29,683,420
Net Tax 64%3,145$9,326$29,329,133
Average Tax 100%4,885 $6,004$29,329,133
Gross Tax Rate 74%3,625 22%$29,683,420
Net Tax Rate 64%3,145 25%$29,329,133
Average Tax Rate 100%4,885 16%$29,329,133
%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 $38,054. It is estimated that the average taxable income for people who paid a net amount of tax was $52261.

The average net tax paid was $9,326. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 2,950 people for an average of $778. 75 people paid $1,395 on average more for the Medicare surcharge.

3,550 people earned a salary or wage and took home an average of $39,340 each.

Government allowance and payments were collected by 545 people for on average $5,408. 390 people received the pension or other allowance.

Charitable gifts and donations of an average of $214 were made by 2,175 people.

The costs of tax affairs for 2,355 people were claimed for $283 each.