TaxStats for postcode 3900 FY2013

Postcode 3900 includes Benambra, Cobberas, Uplands in Victoria, and is in the federal electorate of Gippsland.

In FY 2013 the ATO recorded 115 individuals in postcode 3900. Of these people, 110 made a taxable income or loss. 85 of the population paid a gross amount of tax. After tax offsets, 65 people actually paid a net amount of tax. There were 45 non-taxable people who paid net tax of $0.

Compare TaxStats of 3900 with VIC

3900 TaxStats FY2013%Ppl#Ppl3900
Avg
3900
Total
Total Individuals100%115
Income
Salary or Wage 52%60$36,322$2,179,324
Gross Interest57%65$1,792$116,468
Unfranked Dividends26%30$137$4,102
Franked Dividends35%40$2,801$112,051
Dividend Franking Credit35%40$1,201$48,040
Capital Gains9%10$2,065$20,647
Termination Payouts4%5$183$913
Tips/Directors Fees etc22%25$3,276$81,888
Business Income22%25$875$21,880
Foreign Income4%5$60$300
Government payments4%5$6,996$34,979
Government pensions4%5$20,850$104,248
Total Income or Loss100%115$31,992$3,679,047
Deducations
Charitable Gifts17%20$124$2,477
Cost of Tax Affairs35%40$258$10,330
Work Car expenses17%20$3,796$75,924
Work Travel expenses9%10$7,056$70,565
Self Education expenses%0$$0
Total Deductions61%70$4,386$307,046
Taxation
Taxable Income96%110$30,439$3,348,336
Medicare Levy 52%60$660$39,616
Medicare Surcharge %0$$0
Gross Tax 74%85$5,376$457,002
Net Tax 57%65$6,370$414,073
Average Tax 100%115 $3,601$414,073
Gross Tax Rate 74%85 18%$457,002
Net Tax Rate 57%65 21%$414,073
Average Tax Rate 100%115 12%$414,073
%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 $30,439. It is estimated that the average taxable income for people who paid a net amount of tax was $43205.

The average net tax paid was $6,370. This equates to an average tax of 21 cents in the dollar on taxable income.

The Medicare levy was paid by 60 people for an average of $660.

60 people earned a salary or wage and took home an average of $36,322 each.

Government allowance and payments were collected by 5 people for on average $6,996. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $124 were made by 20 people.

The costs of tax affairs for 40 people were claimed for $258 each.