TaxStats for postcode 3854 FY2013

Postcode 3854 includes Glengarry, Glengarry, Glengarry North, Glengarry North, Glengarry West, Glengarry West in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 840 individuals in postcode 3854. Of these people, 830 made a taxable income or loss. 660 of the population paid a gross amount of tax. After tax offsets, 610 people actually paid a net amount of tax. There were 220 non-taxable people who paid net tax of $0.

Compare TaxStats of 3854 with VIC

3854 TaxStats FY2013%Ppl#Ppl3854
Avg
3854
Total
Total Individuals100%840
Income
Salary or Wage 83%700$60,780$42,545,994
Gross Interest56%470$1,663$781,736
Unfranked Dividends17%140$584$81,754
Franked Dividends27%225$10,523$2,367,703
Dividend Franking Credit26%220$4,612$1,014,734
Capital Gains4%35$9,186$321,514
Termination Payouts7%55$10,330$568,146
Tips/Directors Fees etc26%215$2,613$561,714
Business Income10%80$793$63,437
Foreign Income6%50$172$8,591
Government payments5%40$4,688$187,519
Government pensions4%30$11,568$347,051
Total Income or Loss99%835$61,709$51,526,880
Deducations
Charitable Gifts46%390$183$71,214
Cost of Tax Affairs49%415$329$136,703
Work Car expenses32%270$2,577$695,775
Work Travel expenses8%65$2,597$168,784
Self Education expenses4%30$2,050$61,504
Total Deductions83%695$3,120$2,168,713
Taxation
Taxable Income99%830$59,387$49,290,893
Medicare Levy 71%595$1,161$690,639
Medicare Surcharge 5%40$1,183$47,318
Gross Tax 79%660$16,930$11,173,628
Net Tax 73%610$18,916$11,539,041
Average Tax 100%840 $13,737$11,539,041
Gross Tax Rate 79%660 29%$11,173,628
Net Tax Rate 73%610 32%$11,539,041
Average Tax Rate 100%840 23%$11,539,041
%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 $59,387. It is estimated that the average taxable income for people who paid a net amount of tax was $76477.

The average net tax paid was $18,916. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 595 people for an average of $1,161. 40 people paid $1,183 on average more for the Medicare surcharge.

700 people earned a salary or wage and took home an average of $60,780 each.

Government allowance and payments were collected by 40 people for on average $4,688. 30 people received the pension or other allowance.

Charitable gifts and donations of an average of $183 were made by 390 people.

The costs of tax affairs for 415 people were claimed for $329 each.