TaxStats for postcode 3995 FY2013
Postcode 3995 includes Anderson, Archies Creek, Cape Paterson, Harmers Haven, Hicksborough, Kilcunda, Lance Creek, North Wonthaggi, Powlett River, South Dudley, St Clair, Wattle Bank, Wonthaggi, Woolamai in Victoria, and is in the federal electorate of Flinders.
In FY 2013 the ATO recorded 4,885 individuals in postcode 3995. Of these people, 4,860 made a taxable income or loss. 3,625 of the population paid a gross amount of tax. After tax offsets, 3,145 people actually paid a net amount of tax. There were 1,715 non-taxable people who paid net tax of $0.
Compare TaxStats of 3995 with VIC
| 3995 TaxStats FY2013 | %Ppl | #Ppl | 3995 Avg | 3995 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 4,885 | ||
| Income | ||||
| Salary or Wage | 73% | 3,550 | $39,340 | $139,655,829 |
| Gross Interest | 56% | 2,735 | $2,065 | $5,649,028 |
| Unfranked Dividends | 11% | 520 | $573 | $297,745 |
| Franked Dividends | 22% | 1,070 | $4,330 | $4,633,025 |
| Dividend Franking Credit | 22% | 1,070 | $1,855 | $1,984,647 |
| Capital Gains | 4% | 195 | $18,219 | $3,552,643 |
| Termination Payouts | 3% | 140 | $13,107 | $1,835,012 |
| Tips/Directors Fees etc | 24% | 1,150 | $2,170 | $2,495,653 |
| Business Income | 11% | 520 | $15,132 | $7,868,702 |
| Foreign Income | 4% | 210 | $843 | $176,983 |
| Government payments | 11% | 545 | $5,408 | $2,947,454 |
| Government pensions | 8% | 390 | $9,272 | $3,616,189 |
| Total Income or Loss | 100% | 4,870 | $39,975 | $194,679,301 |
| Deducations | ||||
| Charitable Gifts | 45% | 2,175 | $214 | $464,862 |
| Cost of Tax Affairs | 48% | 2,355 | $283 | $667,316 |
| Work Car expenses | 28% | 1,385 | $2,091 | $2,895,420 |
| Work Travel expenses | 7% | 355 | $1,660 | $589,434 |
| Self Education expenses | 4% | 210 | $1,825 | $383,158 |
| Total Deductions | 80% | 3,930 | $2,411 | $9,473,816 |
| Taxation | ||||
| Taxable Income | 99% | 4,860 | $38,054 | $184,941,871 |
| Medicare Levy | 60% | 2,950 | $778 | $2,294,962 |
| Medicare Surcharge | 2% | 75 | $1,395 | $104,647 |
| Gross Tax | 74% | 3,625 | $8,189 | $29,683,420 |
| Net Tax | 64% | 3,145 | $9,326 | $29,329,133 |
| Average Tax | 100% | 4,885 | $6,004 | $29,329,133 |
| Gross Tax Rate | 74% | 3,625 | 22% | $29,683,420 |
| Net Tax Rate | 64% | 3,145 | 25% | $29,329,133 |
| Average Tax Rate | 100% | 4,885 | 16% | $29,329,133 |
| %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 $38,054. It is estimated that the average taxable income for people who paid a net amount of tax was $52261.
The average net tax paid was $9,326. This equates to an average tax of 25 cents in the dollar on taxable income.
The Medicare levy was paid by 2,950 people for an average of $778. 75 people paid $1,395 on average more for the Medicare surcharge.
3,550 people earned a salary or wage and took home an average of $39,340 each.
Government allowance and payments were collected by 545 people for on average $5,408. 390 people received the pension or other allowance.
Charitable gifts and donations of an average of $214 were made by 2,175 people.
The costs of tax affairs for 2,355 people were claimed for $283 each.