TaxStats for postcode 3847 FY2013

Postcode 3847 includes Hiamdale, Hiamdale, Nambrok, Nambrok, Rosedale, Rosedale, Willung, Willung, Willung South, Willung South in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 1,065 individuals in postcode 3847. Of these people, 1,055 made a taxable income or loss. 810 of the population paid a gross amount of tax. After tax offsets, 735 people actually paid a net amount of tax. There were 320 non-taxable people who paid net tax of $0.

Compare TaxStats of 3847 with VIC

3847 TaxStats FY2013%Ppl#Ppl3847
Avg
3847
Total
Total Individuals100%1,065
Income
Salary or Wage 79%840$50,425$42,357,377
Gross Interest45%475$1,525$724,595
Unfranked Dividends11%120$1,054$126,453
Franked Dividends17%180$3,900$701,965
Dividend Franking Credit17%180$1,671$300,805
Capital Gains3%30$5,005$150,148
Termination Payouts4%40$12,663$506,514
Tips/Directors Fees etc24%255$3,182$811,352
Business Income9%100$6,166$616,563
Foreign Income5%50$279$13,956
Government payments8%80$4,533$362,664
Government pensions7%70$9,823$687,636
Total Income or Loss100%1,060$46,487$49,275,879
Deducations
Charitable Gifts37%395$196$77,424
Cost of Tax Affairs44%465$318$147,722
Work Car expenses32%345$2,449$844,788
Work Travel expenses11%115$2,208$253,893
Self Education expenses4%45$1,693$76,194
Total Deductions78%835$3,119$2,604,161
Taxation
Taxable Income99%1,055$44,172$46,601,025
Medicare Levy 67%710$900$638,665
Medicare Surcharge 2%25$1,442$36,042
Gross Tax 76%810$10,913$8,839,572
Net Tax 69%735$12,087$8,883,723
Average Tax 100%1,065 $8,342$8,883,723
Gross Tax Rate 76%810 25%$8,839,572
Net Tax Rate 69%735 27%$8,883,723
Average Tax Rate 100%1,065 19%$8,883,723
%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 $44,172. 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 $12,087. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 710 people for an average of $900. 25 people paid $1,442 on average more for the Medicare surcharge.

840 people earned a salary or wage and took home an average of $50,425 each.

Government allowance and payments were collected by 80 people for on average $4,533. 70 people received the pension or other allowance.

Charitable gifts and donations of an average of $196 were made by 395 people.

The costs of tax affairs for 465 people were claimed for $318 each.