TaxStats for postcode 3953 FY2013

Postcode 3953 includes Berrys Creek, Boorool, Hallston, Koorooman, Leongatha, Leongatha North, Leongatha South, Mardan, Mount Eccles, Mount Eccles South, Nerrena, Ruby, Trida, Wild Dog Valley in Victoria, and is in the federal electorate of McMillan.

In FY 2013 the ATO recorded 4,435 individuals in postcode 3953. Of these people, 4,395 made a taxable income or loss. 3,335 of the population paid a gross amount of tax. After tax offsets, 2,910 people actually paid a net amount of tax. There were 1,485 non-taxable people who paid net tax of $0.

Compare TaxStats of 3953 with VIC

3953 TaxStats FY2013%Ppl#Ppl3953
Total Individuals100%4,435
Salary or Wage 66%2,945$44,062$129,762,711
Gross Interest63%2,805$2,392$6,710,392
Unfranked Dividends20%885$953$843,304
Franked Dividends32%1,410$5,124$7,224,882
Dividend Franking Credit32%1,405$2,201$3,092,718
Capital Gains5%240$6,175$1,481,905
Termination Payouts2%95$11,010$1,045,991
Tips/Directors Fees etc20%900$2,204$1,983,923
Business Income12%520$17,052$8,867,070
Foreign Income6%280$205$57,367
Government payments6%270$5,296$1,430,033
Government pensions7%315$9,553$3,009,174
Total Income or Loss100%4,415$43,587$192,437,500
Charitable Gifts40%1,790$277$496,063
Cost of Tax Affairs43%1,890$291$550,375
Work Car expenses22%975$2,150$2,095,893
Work Travel expenses6%285$1,587$452,231
Self Education expenses3%155$2,071$320,994
Total Deductions76%3,390$2,802$9,497,446
Taxable Income99%4,395$41,542$182,576,030
Medicare Levy 62%2,760$867$2,391,948
Medicare Surcharge 1%65$1,227$79,782
Gross Tax 75%3,335$9,661$32,218,332
Net Tax 66%2,910$11,120$32,358,427
Average Tax 100%4,435 $7,296$32,358,427
Gross Tax Rate 75%3,335 23%$32,218,332
Net Tax Rate 66%2,910 27%$32,358,427
Average Tax Rate 100%4,435 18%$32,358,427
%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 $41,542. It is estimated that the average taxable income for people who paid a net amount of tax was $56617.

The average net tax paid was $11,120. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 2,760 people for an average of $867. 65 people paid $1,227 on average more for the Medicare surcharge.

2,945 people earned a salary or wage and took home an average of $44,062 each.

Government allowance and payments were collected by 270 people for on average $5,296. 315 people received the pension or other allowance.

Charitable gifts and donations of an average of $277 were made by 1,790 people.

The costs of tax affairs for 1,890 people were claimed for $291 each.