TaxStats for postcode 3870 FY2013

Postcode 3870 includes Boolarra, Boolarra South, Budgeree, Budgeree East, Grand Ridge, Johnstones Hill, Mirboo East in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 690 individuals in postcode 3870. Of these people, 685 made a taxable income or loss. 510 of the population paid a gross amount of tax. After tax offsets, 450 people actually paid a net amount of tax. There were 235 non-taxable people who paid net tax of $0.

Compare TaxStats of 3870 with VIC

3870 TaxStats FY2013%Ppl#Ppl3870
Total Individuals100%690
Salary or Wage 71%490$51,686$25,326,285
Gross Interest57%390$2,299$896,593
Unfranked Dividends14%100$334$33,370
Franked Dividends24%165$2,158$356,058
Dividend Franking Credit24%165$924$152,465
Capital Gains4%25$11,314$282,851
Termination Payouts7%45$11,970$538,668
Tips/Directors Fees etc22%150$3,517$527,542
Business Income14%95$2,728$259,134
Foreign Income3%20$219$4,373
Government payments9%65$5,975$388,355
Government pensions8%55$9,608$528,422
Total Income or Loss99%685$46,612$31,929,319
Charitable Gifts41%280$260$72,709
Cost of Tax Affairs47%325$330$107,374
Work Car expenses26%180$2,297$413,411
Work Travel expenses8%55$1,561$85,831
Self Education expenses5%35$1,415$49,533
Total Deductions75%520$2,691$1,399,295
Taxable Income99%685$44,399$30,413,586
Medicare Levy 63%435$937$407,437
Medicare Surcharge 2%15$1,451$21,767
Gross Tax 74%510$11,159$5,691,064
Net Tax 65%450$12,933$5,820,015
Average Tax 100%690 $8,435$5,820,015
Gross Tax Rate 74%510 25%$5,691,064
Net Tax Rate 65%450 29%$5,820,015
Average Tax Rate 100%690 19%$5,820,015
%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 $44,399. It is estimated that the average taxable income for people who paid a net amount of tax was $61319.

The average net tax paid was $12,933. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 435 people for an average of $937. 15 people paid $1,451 on average more for the Medicare surcharge.

490 people earned a salary or wage and took home an average of $51,686 each.

Government allowance and payments were collected by 65 people for on average $5,975. 55 people received the pension or other allowance.

Charitable gifts and donations of an average of $260 were made by 280 people.

The costs of tax affairs for 325 people were claimed for $330 each.