TaxStats for postcode 3851 FY2013
Postcode 3851 includes Airly, Airly, Bundalaguah, Bundalaguah, Clydebank, Clydebank, Cobains, Cobains, Darriman, Darriman, Dutson, Dutson, Dutson Downs, Dutson Downs, Flamingo Beach, Flamingo Beach, Fulham, Fulham, Giffard, Giffard, Giffard West, Giffard West, Glomar Beach, Glomar Beach, Golden Beach, Golden Beach, Kilmany, Kilmany, Lake Wellington, Lake Wellington, Loch Sport, Loch Sport, Longford, Longford, Montgomery, Montgomery, Myrtlebank, Myrtlebank, Paradise Beach, Paradise Beach, Pearsondale, Pearsondale, Seacombe, Seacombe, Seaspray, Seaspray, Somerton Park, Stradbroke, Stradbroke, The Heart, The Heart, The Honeysuckles, The Honeysuckles in Victoria, and is in the federal electorate of Gippsland.
In FY 2013 the ATO recorded 2,265 individuals in postcode 3851. Of these people, 2,240 made a taxable income or loss. 1,675 of the population paid a gross amount of tax. After tax offsets, 1,465 people actually paid a net amount of tax. There were 775 non-taxable people who paid net tax of $0.
Compare TaxStats of 3851 with VIC
| 3851 TaxStats FY2013 | %Ppl | #Ppl | 3851 Avg | 3851 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 2,265 | ||
| Income | ||||
| Salary or Wage | 70% | 1,595 | $55,896 | $89,154,163 |
| Gross Interest | 57% | 1,295 | $1,942 | $2,514,337 |
| Unfranked Dividends | 13% | 300 | $570 | $170,974 |
| Franked Dividends | 25% | 570 | $3,698 | $2,107,605 |
| Dividend Franking Credit | 25% | 565 | $1,598 | $903,011 |
| Capital Gains | 5% | 120 | $14,178 | $1,701,321 |
| Termination Payouts | 2% | 55 | $19,915 | $1,095,349 |
| Tips/Directors Fees etc | 21% | 485 | $2,779 | $1,347,959 |
| Business Income | 12% | 280 | $617 | $172,748 |
| Foreign Income | 7% | 155 | $196 | $30,374 |
| Government payments | 7% | 165 | $5,779 | $953,462 |
| Government pensions | 7% | 165 | $9,600 | $1,584,006 |
| Total Income or Loss | 100% | 2,255 | $48,942 | $110,363,428 |
| Deducations | ||||
| Charitable Gifts | 34% | 765 | $200 | $152,677 |
| Cost of Tax Affairs | 45% | 1,010 | $401 | $404,671 |
| Work Car expenses | 32% | 725 | $2,368 | $1,716,563 |
| Work Travel expenses | 10% | 235 | $1,502 | $353,057 |
| Self Education expenses | 4% | 95 | $2,296 | $218,103 |
| Total Deductions | 77% | 1,745 | $3,198 | $5,580,831 |
| Taxation | ||||
| Taxable Income | 99% | 2,240 | $46,678 | $104,558,069 |
| Medicare Levy | 61% | 1,390 | $1,012 | $1,406,080 |
| Medicare Surcharge | 3% | 65 | $1,580 | $102,728 |
| Gross Tax | 74% | 1,675 | $12,919 | $21,638,517 |
| Net Tax | 65% | 1,465 | $14,660 | $21,476,457 |
| Average Tax | 100% | 2,265 | $9,482 | $21,476,457 |
| Gross Tax Rate | 74% | 1,675 | 28% | $21,638,517 |
| Net Tax Rate | 65% | 1,465 | 31% | $21,476,457 |
| Average Tax Rate | 100% | 2,265 | 20% | $21,476,457 |
| %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 $46,678. It is estimated that the average taxable income for people who paid a net amount of tax was $65023.
The average net tax paid was $14,660. This equates to an average tax of 31 cents in the dollar on taxable income.
The Medicare levy was paid by 1,390 people for an average of $1,012. 65 people paid $1,580 on average more for the Medicare surcharge.
1,595 people earned a salary or wage and took home an average of $55,896 each.
Government allowance and payments were collected by 165 people for on average $5,779. 165 people received the pension or other allowance.
Charitable gifts and donations of an average of $200 were made by 765 people.
The costs of tax affairs for 1,010 people were claimed for $401 each.