TaxStats for postcode 3923 FY2013

Postcode 3923 includes Rhyll in Victoria, and is in the federal electorate of Flinders.

In FY 2013 the ATO recorded 330 individuals in postcode 3923. Of these people, 325 made a taxable income or loss. 240 of the population paid a gross amount of tax. After tax offsets, 205 people actually paid a net amount of tax. There were 120 non-taxable people who paid net tax of $0.

Compare TaxStats of 3923 with VIC

3923 TaxStats FY2013%Ppl#Ppl3923
Avg
3923
Total
Total Individuals100%330
Income
Salary or Wage 61%200$42,176$8,435,165
Gross Interest62%205$3,865$792,348
Unfranked Dividends12%40$1,098$43,931
Franked Dividends27%90$14,882$1,339,340
Dividend Franking Credit27%90$6,377$573,941
Capital Gains8%25$4,172$104,290
Termination Payouts2%5$6,559$32,795
Tips/Directors Fees etc17%55$5,604$308,197
Business Income18%60$12,032$721,915
Foreign Income8%25$1,221$30,530
Government payments5%15$5,803$87,040
Government pensions11%35$11,456$400,960
Total Income or Loss98%325$45,206$14,692,089
Deducations
Charitable Gifts33%110$487$53,520
Cost of Tax Affairs42%140$399$55,905
Work Car expenses18%60$2,854$171,251
Work Travel expenses6%20$1,718$34,366
Self Education expenses2%5$1,912$9,561
Total Deductions73%240$2,941$705,798
Taxation
Taxable Income98%325$43,033$13,985,697
Medicare Levy 59%195$911$177,703
Medicare Surcharge 2%5$172$860
Gross Tax 73%240$10,594$2,542,631
Net Tax 62%205$12,439$2,549,990
Average Tax 100%330 $7,727$2,549,990
Gross Tax Rate 73%240 25%$2,542,631
Net Tax Rate 62%205 29%$2,549,990
Average Tax Rate 100%330 18%$2,549,990
%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 $43,033. It is estimated that the average taxable income for people who paid a net amount of tax was $61199.

The average net tax paid was $12,439. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 195 people for an average of $911. 5 people paid $172 on average more for the Medicare surcharge.

200 people earned a salary or wage and took home an average of $42,176 each.

Government allowance and payments were collected by 15 people for on average $5,803. 35 people received the pension or other allowance.

Charitable gifts and donations of an average of $487 were made by 110 people.

The costs of tax affairs for 140 people were claimed for $399 each.