TaxStats for postcode 3882 FY2013

Postcode 3882 includes Nicholson in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 580 individuals in postcode 3882. Of these people, 580 made a taxable income or loss. 455 of the population paid a gross amount of tax. After tax offsets, 400 people actually paid a net amount of tax. There were 180 non-taxable people who paid net tax of $0.

Compare TaxStats of 3882 with VIC

3882 TaxStats FY2013%Ppl#Ppl3882
Total Individuals100%580
Salary or Wage 72%420$42,631$17,904,878
Gross Interest63%365$2,392$873,098
Unfranked Dividends15%85$314$26,709
Franked Dividends29%170$6,410$1,089,668
Dividend Franking Credit29%170$2,744$466,426
Capital Gains7%40$7,725$309,009
Termination Payouts2%10$5,147$51,469
Tips/Directors Fees etc22%125$2,387$298,383
Business Income10%60$6,904$414,259
Foreign Income5%30$325$9,758
Government payments7%40$5,005$200,191
Government pensions10%60$7,817$469,010
Total Income or Loss100%580$43,005$24,942,843
Charitable Gifts33%190$345$65,590
Cost of Tax Affairs50%290$260$75,493
Work Car expenses23%135$2,092$282,357
Work Travel expenses8%45$2,566$115,488
Self Education expenses4%25$1,455$36,380
Total Deductions79%460$2,444$1,124,384
Taxable Income100%580$40,899$23,721,234
Medicare Levy 65%375$795$298,093
Medicare Surcharge 2%10$1,214$12,145
Gross Tax 78%455$8,699$3,957,951
Net Tax 69%400$9,924$3,969,450
Average Tax 100%580 $6,844$3,969,450
Gross Tax Rate 78%455 21%$3,957,951
Net Tax Rate 69%400 24%$3,969,450
Average Tax Rate 100%580 17%$3,969,450
%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 $40,899. It is estimated that the average taxable income for people who paid a net amount of tax was $53903.

The average net tax paid was $9,924. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 375 people for an average of $795. 10 people paid $1,214 on average more for the Medicare surcharge.

420 people earned a salary or wage and took home an average of $42,631 each.

Government allowance and payments were collected by 40 people for on average $5,005. 60 people received the pension or other allowance.

Charitable gifts and donations of an average of $345 were made by 190 people.

The costs of tax affairs for 290 people were claimed for $260 each.