TaxStats for postcode 3918 FY2013

Postcode 3918 includes Bittern, Bittern in Victoria, and is in the federal electorate of Flinders.

In FY 2013 the ATO recorded 2,195 individuals in postcode 3918. Of these people, 2,185 made a taxable income or loss. 1,755 of the population paid a gross amount of tax. After tax offsets, 1,590 people actually paid a net amount of tax. There were 595 non-taxable people who paid net tax of $0.

Compare TaxStats of 3918 with VIC

3918 TaxStats FY2013%Ppl#Ppl3918
Total Individuals100%2,195
Salary or Wage 79%1,745$47,677$83,195,495
Gross Interest53%1,165$1,423$1,657,801
Unfranked Dividends8%180$348$62,700
Franked Dividends18%405$7,027$2,845,826
Dividend Franking Credit18%405$3,010$1,219,234
Capital Gains4%85$14,518$1,234,003
Termination Payouts2%45$7,752$348,851
Tips/Directors Fees etc24%535$2,998$1,604,042
Business Income12%255$17,435$4,445,808
Foreign Income3%75$636$47,733
Government payments6%125$5,082$635,299
Government pensions5%115$8,639$993,530
Total Income or Loss100%2,185$49,743$108,687,660
Charitable Gifts33%720$251$180,835
Cost of Tax Affairs52%1,140$328$373,557
Work Car expenses33%720$2,659$1,914,426
Work Travel expenses9%205$1,258$257,943
Self Education expenses5%100$1,683$168,306
Total Deductions82%1,805$2,849$5,142,736
Taxable Income100%2,185$47,333$103,423,408
Medicare Levy 69%1,505$893$1,343,373
Medicare Surcharge 1%20$1,118$22,359
Gross Tax 80%1,755$10,805$18,962,769
Net Tax 72%1,590$12,123$19,274,821
Average Tax 100%2,195 $8,781$19,274,821
Gross Tax Rate 80%1,755 23%$18,962,769
Net Tax Rate 72%1,590 26%$19,274,821
Average Tax Rate 100%2,195 19%$19,274,821
%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 $47,333. It is estimated that the average taxable income for people who paid a net amount of tax was $60556.

The average net tax paid was $12,123. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,505 people for an average of $893. 20 people paid $1,118 on average more for the Medicare surcharge.

1,745 people earned a salary or wage and took home an average of $47,677 each.

Government allowance and payments were collected by 125 people for on average $5,082. 115 people received the pension or other allowance.

Charitable gifts and donations of an average of $251 were made by 720 people.

The costs of tax affairs for 1,140 people were claimed for $328 each.