TaxStats for postcode 3844 FY2013

Postcode 3844 includes Blackwarry, Blackwarry, Callignee, Callignee, Callignee North, Callignee North, Callignee South, Carrajung, Carrajung, Carrajung Lower, Carrajung South, Carrajung South, Flynn, Flynn, Flynns Creek, Flynns Creek, Koornalla, Koornalla, Loy Yang, Loy Yang, Mount Tassie, Traralgon, Traralgon, Traralgon East, Traralgon East, Traralgon South, Traralgon South, Tyers, Tyers in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 15,680 individuals in postcode 3844. Of these people, 15,620 made a taxable income or loss. 12,820 of the population paid a gross amount of tax. After tax offsets, 11,775 people actually paid a net amount of tax. There were 3,845 non-taxable people who paid net tax of $0.

Compare TaxStats of 3844 with VIC

3844 TaxStats FY2013%Ppl#Ppl3844
Avg
3844
Total
Total Individuals100%15,680
Income
Salary or Wage 84%13,145$56,932$748,377,083
Gross Interest54%8,435$1,537$12,960,733
Unfranked Dividends11%1,690$1,598$2,700,670
Franked Dividends23%3,535$5,954$21,048,216
Dividend Franking Credit22%3,525$2,555$9,005,960
Capital Gains4%635$7,673$4,872,660
Termination Payouts5%805$16,426$13,222,853
Tips/Directors Fees etc25%3,870$2,621$10,144,887
Business Income7%1,070$13,970$14,947,538
Foreign Income4%660$991$654,060
Government payments8%1,215$5,437$6,606,239
Government pensions6%915$9,435$8,633,122
Total Income or Loss100%15,645$57,574$900,745,261
Deducations
Charitable Gifts47%7,385$236$1,743,068
Cost of Tax Affairs51%8,035$264$2,121,430
Work Car expenses33%5,240$2,251$11,796,903
Work Travel expenses11%1,695$1,599$2,709,577
Self Education expenses5%805$1,914$1,540,431
Total Deductions85%13,310$2,919$38,850,818
Taxation
Taxable Income100%15,620$55,123$861,018,731
Medicare Levy 73%11,370$1,039$11,815,759
Medicare Surcharge 3%525$1,402$736,302
Gross Tax 82%12,820$13,948$178,808,212
Net Tax 75%11,775$15,578$183,429,577
Average Tax 100%15,680 $11,698$183,429,577
Gross Tax Rate 82%12,820 25%$178,808,212
Net Tax Rate 75%11,775 28%$183,429,577
Average Tax Rate 100%15,680 21%$183,429,577
%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 $55,123. It is estimated that the average taxable income for people who paid a net amount of tax was $69204.

The average net tax paid was $15,578. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 11,370 people for an average of $1,039. 525 people paid $1,402 on average more for the Medicare surcharge.

13,145 people earned a salary or wage and took home an average of $56,932 each.

Government allowance and payments were collected by 1,215 people for on average $5,437. 915 people received the pension or other allowance.

Charitable gifts and donations of an average of $236 were made by 7,385 people.

The costs of tax affairs for 8,035 people were claimed for $264 each.