TaxStats for postcode 3875 FY2013

Postcode 3875 includes Bairnsdale, Bengworden, Broadlands, Bullumwaal, Calulu, Clifton Creek, Deptford, East Bairnsdale, Eastwood, Ellaswood, Fairy Dell, Flaggy Creek, Forge Creek, Goon Nure, Granite Rock, Hillside, Iguana Creek, Lindenow South, Lucknow, Marthavale, Melwood, Merrijig, Mount Taylor, Newlands Arm, Ryans, Sarsfield, Tabberabbera, Walpa, Waterholes, Wentworth, Woodglen, Wuk Wuk, Wy Yung in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 9,620 individuals in postcode 3875. Of these people, 9,565 made a taxable income or loss. 7,445 of the population paid a gross amount of tax. After tax offsets, 6,580 people actually paid a net amount of tax. There were 2,985 non-taxable people who paid net tax of $0.

Compare TaxStats of 3875 with VIC

3875 TaxStats FY2013%Ppl#Ppl3875
Total Individuals100%9,620
Salary or Wage 75%7,255$43,106$312,731,528
Gross Interest56%5,370$2,106$11,310,427
Unfranked Dividends12%1,175$575$675,344
Franked Dividends27%2,575$5,172$13,318,045
Dividend Franking Credit27%2,570$2,221$5,707,726
Capital Gains4%400$10,922$4,368,991
Termination Payouts1%125$10,863$1,357,838
Tips/Directors Fees etc23%2,185$2,279$4,978,906
Business Income9%850$13,693$11,639,378
Foreign Income4%410$370$151,507
Government payments8%800$5,515$4,412,108
Government pensions8%805$9,533$7,673,813
Total Income or Loss100%9,595$43,719$419,480,177
Charitable Gifts35%3,330$244$813,419
Cost of Tax Affairs46%4,395$284$1,250,195
Work Car expenses24%2,285$2,099$4,795,533
Work Travel expenses8%815$1,794$1,462,114
Self Education expenses4%420$1,852$777,954
Total Deductions80%7,740$2,417$18,706,277
Taxable Income99%9,565$41,797$399,785,741
Medicare Levy 65%6,240$825$5,146,515
Medicare Surcharge 2%155$1,300$201,551
Gross Tax 77%7,445$9,164$68,225,657
Net Tax 68%6,580$10,471$68,900,822
Average Tax 100%9,620 $7,162$68,900,822
Gross Tax Rate 77%7,445 22%$68,225,657
Net Tax Rate 68%6,580 25%$68,900,822
Average Tax Rate 100%9,620 17%$68,900,822
%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 $41,797. It is estimated that the average taxable income for people who paid a net amount of tax was $55314.

The average net tax paid was $10,471. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 6,240 people for an average of $825. 155 people paid $1,300 on average more for the Medicare surcharge.

7,255 people earned a salary or wage and took home an average of $43,106 each.

Government allowance and payments were collected by 800 people for on average $5,515. 805 people received the pension or other allowance.

Charitable gifts and donations of an average of $244 were made by 3,330 people.

The costs of tax affairs for 4,395 people were claimed for $284 each.