TaxStats for postcode 3821 FY2013

Postcode 3821 includes Brandy Creek, Bravington, Buln Buln, Buln Buln East, Crossover, Ellinbank, Ferndale, Lardner, Nilma, Nilma North, Rokeby, Seaview, Shady Creek, Tetoora Road, Torwood, Warragul South, Warragul West in Victoria, and is in the federal electorate of McMillan.

In FY 2013 the ATO recorded 1,520 individuals in postcode 3821. Of these people, 1,505 made a taxable income or loss. 1,115 of the population paid a gross amount of tax. After tax offsets, 1,005 people actually paid a net amount of tax. There were 500 non-taxable people who paid net tax of $0.

Compare TaxStats of 3821 with VIC

3821 TaxStats FY2013%Ppl#Ppl3821
Total Individuals100%1,520
Salary or Wage 68%1,030$47,188$48,603,448
Gross Interest60%905$2,365$2,140,428
Unfranked Dividends13%200$604$120,729
Franked Dividends27%415$4,497$1,866,209
Dividend Franking Credit27%415$1,926$799,205
Capital Gains5%70$7,567$529,659
Termination Payouts2%30$13,866$415,993
Tips/Directors Fees etc19%285$3,076$876,532
Business Income16%240$9,437$2,264,949
Foreign Income5%75$-1,230$-92,250
Government payments6%95$4,864$462,083
Government pensions6%95$9,458$898,556
Total Income or Loss100%1,515$45,101$68,327,381
Charitable Gifts33%505$406$205,190
Cost of Tax Affairs41%625$344$215,245
Work Car expenses23%355$2,084$739,754
Work Travel expenses7%105$2,287$240,185
Self Education expenses4%60$1,110$66,586
Total Deductions74%1,120$3,057$3,423,852
Taxable Income99%1,505$42,836$64,468,777
Medicare Levy 63%960$907$870,598
Medicare Surcharge 2%35$1,246$43,600
Gross Tax 73%1,115$11,120$12,398,328
Net Tax 66%1,005$12,601$12,664,417
Average Tax 100%1,520 $8,332$12,664,417
Gross Tax Rate 73%1,115 26%$12,398,328
Net Tax Rate 66%1,005 29%$12,664,417
Average Tax Rate 100%1,520 19%$12,664,417
%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 $42,836. It is estimated that the average taxable income for people who paid a net amount of tax was $58178.

The average net tax paid was $12,601. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 960 people for an average of $907. 35 people paid $1,246 on average more for the Medicare surcharge.

1,030 people earned a salary or wage and took home an average of $47,188 each.

Government allowance and payments were collected by 95 people for on average $4,864. 95 people received the pension or other allowance.

Charitable gifts and donations of an average of $406 were made by 505 people.

The costs of tax affairs for 625 people were claimed for $344 each.