TaxStats for postcode 3888 FY2013
Postcode 3888 includes Bendoc, Bete Bolong, Bete Bolong North, Bonang, Brodribb River, Cabanandra, Cape Conran, Corringle, Deddick Valley, Delegate River, Delegate River East, Dellicknora, Goongerah, Haydens Bog, Jarrahmond, Lochend, Marlo, Martins Creek, Nurran, Orbost, Simpsons Creek, Tostaree, Tubbut, Waygara, Wombat Creek in Victoria, and is in the federal electorate of Gippsland.
In FY 2013 the ATO recorded 1,720 individuals in postcode 3888. Of these people, 1,705 made a taxable income or loss. 1,260 of the population paid a gross amount of tax. After tax offsets, 1,100 people actually paid a net amount of tax. There were 605 non-taxable people who paid net tax of $0.
Compare TaxStats of 3888 with VIC
| 3888 TaxStats FY2013 | %Ppl | #Ppl | 3888 Avg | 3888 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 1,720 | ||
| Income | ||||
| Salary or Wage | 72% | 1,235 | $40,320 | $49,795,522 |
| Gross Interest | 59% | 1,020 | $2,302 | $2,347,598 |
| Unfranked Dividends | 15% | 250 | $1,564 | $391,005 |
| Franked Dividends | 24% | 420 | $6,026 | $2,530,968 |
| Dividend Franking Credit | 24% | 415 | $2,613 | $1,084,212 |
| Capital Gains | 3% | 55 | $4,675 | $257,132 |
| Termination Payouts | 1% | 20 | $5,818 | $116,360 |
| Tips/Directors Fees etc | 22% | 375 | $2,929 | $1,098,270 |
| Business Income | 10% | 170 | $15,818 | $2,689,102 |
| Foreign Income | 4% | 65 | $269 | $17,512 |
| Government payments | 11% | 190 | $5,744 | $1,091,291 |
| Government pensions | 8% | 140 | $9,803 | $1,372,442 |
| Total Income or Loss | 100% | 1,715 | $40,732 | $69,855,627 |
| Deducations | ||||
| Charitable Gifts | 24% | 415 | $214 | $88,814 |
| Cost of Tax Affairs | 40% | 685 | $299 | $204,668 |
| Work Car expenses | 20% | 350 | $1,964 | $687,564 |
| Work Travel expenses | 9% | 150 | $1,893 | $283,957 |
| Self Education expenses | 3% | 55 | $1,460 | $80,274 |
| Total Deductions | 74% | 1,275 | $2,271 | $2,895,228 |
| Taxation | ||||
| Taxable Income | 99% | 1,705 | $38,986 | $66,471,314 |
| Medicare Levy | 59% | 1,010 | $826 | $834,007 |
| Medicare Surcharge | 2% | 40 | $1,256 | $50,224 |
| Gross Tax | 73% | 1,260 | $8,734 | $11,005,036 |
| Net Tax | 64% | 1,100 | $10,001 | $11,001,029 |
| Average Tax | 100% | 1,720 | $6,396 | $11,001,029 |
| Gross Tax Rate | 73% | 1,260 | 22% | $11,005,036 |
| Net Tax Rate | 64% | 1,100 | 26% | $11,001,029 |
| Average Tax Rate | 100% | 1,720 | 16% | $11,001,029 |
| %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 $38,986. It is estimated that the average taxable income for people who paid a net amount of tax was $53828.
The average net tax paid was $10,001. This equates to an average tax of 26 cents in the dollar on taxable income.
The Medicare levy was paid by 1,010 people for an average of $826. 40 people paid $1,256 on average more for the Medicare surcharge.
1,235 people earned a salary or wage and took home an average of $40,320 each.
Government allowance and payments were collected by 190 people for on average $5,744. 140 people received the pension or other allowance.
Charitable gifts and donations of an average of $214 were made by 415 people.
The costs of tax affairs for 685 people were claimed for $299 each.