TaxStats for postcode 3858 FY2013
Postcode 3858 includes Arbuckle, Billabong, Crookayan, Dawson, Dawson, Denison, Denison, Gillum, Glen Falloch, Glen Falloch, Glenfalloch, Glenmaggie, Glenmaggie, Heyfield, Heyfield, Licola, Licola, Licola North, Licola North, Reynard, Sargood, Seaton, Seaton, Tamboritha, Tamboritha, Winnindoo, Winnindoo, Worrowing, Yangoura in Victoria, and is in the federal electorate of Gippsland.
In FY 2013 the ATO recorded 1,595 individuals in postcode 3858. Of these people, 1,580 made a taxable income or loss. 1,200 of the population paid a gross amount of tax. After tax offsets, 1,045 people actually paid a net amount of tax. There were 535 non-taxable people who paid net tax of $0.
Compare TaxStats of 3858 with VIC
| 3858 TaxStats FY2013 | %Ppl | #Ppl | 3858 Avg | 3858 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 1,595 | ||
| Income | ||||
| Salary or Wage | 75% | 1,195 | $46,403 | $55,451,482 |
| Gross Interest | 50% | 795 | $2,203 | $1,751,008 |
| Unfranked Dividends | 15% | 235 | $1,059 | $248,959 |
| Franked Dividends | 25% | 400 | $4,318 | $1,727,096 |
| Dividend Franking Credit | 25% | 400 | $1,851 | $740,234 |
| Capital Gains | 4% | 60 | $3,710 | $222,628 |
| Termination Payouts | 3% | 50 | $22,914 | $1,145,686 |
| Tips/Directors Fees etc | 19% | 300 | $2,506 | $751,922 |
| Business Income | 10% | 155 | $1,398 | $216,721 |
| Foreign Income | 3% | 55 | $261 | $14,369 |
| Government payments | 9% | 140 | $5,465 | $765,078 |
| Government pensions | 7% | 115 | $9,236 | $1,062,153 |
| Total Income or Loss | 99% | 1,585 | $44,352 | $70,298,612 |
| Deducations | ||||
| Charitable Gifts | 43% | 685 | $165 | $112,927 |
| Cost of Tax Affairs | 45% | 710 | $354 | $251,051 |
| Work Car expenses | 31% | 500 | $2,294 | $1,147,016 |
| Work Travel expenses | 7% | 115 | $2,143 | $246,472 |
| Self Education expenses | 3% | 45 | $2,361 | $106,225 |
| Total Deductions | 78% | 1,250 | $2,900 | $3,624,774 |
| Taxation | ||||
| Taxable Income | 99% | 1,580 | $41,962 | $66,300,275 |
| Medicare Levy | 62% | 985 | $901 | $887,005 |
| Medicare Surcharge | 3% | 40 | $1,515 | $60,613 |
| Gross Tax | 75% | 1,200 | $10,373 | $12,447,683 |
| Net Tax | 66% | 1,045 | $11,837 | $12,369,624 |
| Average Tax | 100% | 1,595 | $7,755 | $12,369,624 |
| Gross Tax Rate | 75% | 1,200 | 25% | $12,447,683 |
| Net Tax Rate | 66% | 1,045 | 28% | $12,369,624 |
| Average Tax Rate | 100% | 1,595 | 18% | $12,369,624 |
| %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 $41,962. It is estimated that the average taxable income for people who paid a net amount of tax was $57302.
The average net tax paid was $11,837. This equates to an average tax of 28 cents in the dollar on taxable income.
The Medicare levy was paid by 985 people for an average of $901. 40 people paid $1,515 on average more for the Medicare surcharge.
1,195 people earned a salary or wage and took home an average of $46,403 each.
Government allowance and payments were collected by 140 people for on average $5,465. 115 people received the pension or other allowance.
Charitable gifts and donations of an average of $165 were made by 685 people.
The costs of tax affairs for 710 people were claimed for $354 each.