TaxStats for postcode 3971 FY2013
Postcode 3971 includes Alberton, Alberton West, Balook, Balook, Calrossie, Calrossie, Devon North, Devon North, Gelliondale, Hiawatha, Hunterston, Hunterston, Jack River, Langsborough, Macks Creek, Macks Creek, Madalya, Manns Beach, Port Albert, Robertsons Beach, Staceys Bridge, Tarra Valley, Tarraville, Won Wron, Won Wron, Yarram, Yarram in Victoria, and is in the federal electorate of Gippsland.
In FY 2013 the ATO recorded 2,155 individuals in postcode 3971. Of these people, 2,135 made a taxable income or loss. 1,570 of the population paid a gross amount of tax. After tax offsets, 1,355 people actually paid a net amount of tax. There were 780 non-taxable people who paid net tax of $0.
Compare TaxStats of 3971 with VIC
| 3971 TaxStats FY2013 | %Ppl | #Ppl | 3971 Avg | 3971 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 2,155 | ||
| Income | ||||
| Salary or Wage | 68% | 1,475 | $46,174 | $68,106,616 |
| Gross Interest | 60% | 1,290 | $3,128 | $4,034,828 |
| Unfranked Dividends | 20% | 425 | $955 | $405,960 |
| Franked Dividends | 29% | 615 | $4,474 | $2,751,793 |
| Dividend Franking Credit | 29% | 615 | $1,916 | $1,178,142 |
| Capital Gains | 4% | 90 | $4,311 | $387,979 |
| Termination Payouts | 3% | 65 | $40,465 | $2,630,257 |
| Tips/Directors Fees etc | 17% | 375 | $2,287 | $857,477 |
| Business Income | 10% | 215 | $5,210 | $1,120,213 |
| Foreign Income | 6% | 125 | $373 | $46,575 |
| Government payments | 8% | 165 | $4,741 | $782,234 |
| Government pensions | 8% | 170 | $9,420 | $1,601,351 |
| Total Income or Loss | 100% | 2,145 | $43,254 | $92,780,426 |
| Deducations | ||||
| Charitable Gifts | 26% | 570 | $237 | $134,951 |
| Cost of Tax Affairs | 42% | 900 | $309 | $278,082 |
| Work Car expenses | 22% | 480 | $2,220 | $1,065,542 |
| Work Travel expenses | 7% | 160 | $1,843 | $294,907 |
| Self Education expenses | 4% | 95 | $2,261 | $214,825 |
| Total Deductions | 73% | 1,575 | $2,551 | $4,018,012 |
| Taxation | ||||
| Taxable Income | 99% | 2,135 | $41,470 | $88,539,399 |
| Medicare Levy | 60% | 1,295 | $890 | $1,153,047 |
| Medicare Surcharge | 3% | 55 | $2,009 | $110,487 |
| Gross Tax | 73% | 1,570 | $10,588 | $16,623,096 |
| Net Tax | 63% | 1,355 | $12,111 | $16,409,774 |
| Average Tax | 100% | 2,155 | $7,615 | $16,409,774 |
| Gross Tax Rate | 73% | 1,570 | 26% | $16,623,096 |
| Net Tax Rate | 63% | 1,355 | 29% | $16,409,774 |
| Average Tax Rate | 100% | 2,155 | 18% | $16,409,774 |
| %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 $41,470. It is estimated that the average taxable income for people who paid a net amount of tax was $58435.
The average net tax paid was $12,111. This equates to an average tax of 29 cents in the dollar on taxable income.
The Medicare levy was paid by 1,295 people for an average of $890. 55 people paid $2,009 on average more for the Medicare surcharge.
1,475 people earned a salary or wage and took home an average of $46,174 each.
Government allowance and payments were collected by 165 people for on average $4,741. 170 people received the pension or other allowance.
Charitable gifts and donations of an average of $237 were made by 570 people.
The costs of tax affairs for 900 people were claimed for $309 each.