TaxStats for postcode 3892 FY2013
Postcode 3892 includes Mallacoota in Victoria, and is in the federal electorate of Gippsland.
In FY 2013 the ATO recorded 610 individuals in postcode 3892. Of these people, 605 made a taxable income or loss. 425 of the population paid a gross amount of tax. After tax offsets, 355 people actually paid a net amount of tax. There were 250 non-taxable people who paid net tax of $0.
Compare TaxStats of 3892 with VIC
| 3892 TaxStats FY2013 | %Ppl | #Ppl | 3892 Avg | 3892 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 610 | ||
| Income | ||||
| Salary or Wage | 63% | 385 | $34,143 | $13,145,225 |
| Gross Interest | 60% | 365 | $2,514 | $917,716 |
| Unfranked Dividends | 9% | 55 | $574 | $31,562 |
| Franked Dividends | 25% | 150 | $6,668 | $1,000,138 |
| Dividend Franking Credit | 25% | 150 | $2,858 | $428,631 |
| Capital Gains | 5% | 30 | $4,225 | $126,747 |
| Termination Payouts | 1% | 5 | $9,149 | $45,745 |
| Tips/Directors Fees etc | 13% | 80 | $2,659 | $212,728 |
| Business Income | 16% | 100 | $12,290 | $1,229,027 |
| Foreign Income | 7% | 40 | $4,455 | $178,181 |
| Government payments | 11% | 70 | $5,917 | $414,200 |
| Government pensions | 12% | 75 | $8,789 | $659,177 |
| Total Income or Loss | 100% | 610 | $38,745 | $23,634,505 |
| Deducations | ||||
| Charitable Gifts | 24% | 145 | $278 | $40,253 |
| Cost of Tax Affairs | 41% | 250 | $358 | $89,385 |
| Work Car expenses | 16% | 100 | $2,525 | $252,467 |
| Work Travel expenses | 5% | 30 | $957 | $28,722 |
| Self Education expenses | 2% | 15 | $1,871 | $28,061 |
| Total Deductions | 71% | 435 | $2,604 | $1,132,842 |
| Taxation | ||||
| Taxable Income | 99% | 605 | $37,182 | $22,495,196 |
| Medicare Levy | 55% | 335 | $820 | $274,859 |
| Medicare Surcharge | 1% | 5 | $1,876 | $9,381 |
| Gross Tax | 70% | 425 | $8,676 | $3,687,113 |
| Net Tax | 58% | 355 | $10,017 | $3,555,941 |
| Average Tax | 100% | 610 | $5,829 | $3,555,941 |
| Gross Tax Rate | 70% | 425 | 23% | $3,687,113 |
| Net Tax Rate | 58% | 355 | 27% | $3,555,941 |
| Average Tax Rate | 100% | 610 | 16% | $3,555,941 |
| %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 $37,182. It is estimated that the average taxable income for people who paid a net amount of tax was $54916.
The average net tax paid was $10,017. This equates to an average tax of 27 cents in the dollar on taxable income.
The Medicare levy was paid by 335 people for an average of $820. 5 people paid $1,876 on average more for the Medicare surcharge.
385 people earned a salary or wage and took home an average of $34,143 each.
Government allowance and payments were collected by 70 people for on average $5,917. 75 people received the pension or other allowance.
Charitable gifts and donations of an average of $278 were made by 145 people.
The costs of tax affairs for 250 people were claimed for $358 each.