TaxStats for postcode 3124 FY2013

Postcode 3124 includes Camberwell, Camberwell, Camberwell North, Camberwell South, Camberwell West, Hartwell, Middle Camberwell in Victoria, and is in the federal electorate of Higgins.

In FY 2013 the ATO recorded 14,440 individuals in postcode 3124. Of these people, 14,315 made a taxable income or loss. 11,635 of the population paid a gross amount of tax. After tax offsets, 10,740 people actually paid a net amount of tax. There were 3,575 non-taxable people who paid net tax of $0.

Compare TaxStats of 3124 with VIC

3124 TaxStats FY2013%Ppl#Ppl3124
Avg
3124
Total
Total Individuals100%14,440
Income
Salary or Wage 69%9,965$74,729$744,671,428
Gross Interest70%10,100$3,867$39,054,151
Unfranked Dividends19%2,680$1,273$3,410,927
Franked Dividends41%5,975$13,046$77,947,528
Dividend Franking Credit41%5,960$5,465$32,572,486
Capital Gains9%1,305$20,518$26,776,608
Termination Payouts2%230$45,549$10,476,205
Tips/Directors Fees etc14%1,950$6,914$13,482,200
Business Income10%1,425$50,167$71,487,637
Foreign Income13%1,910$3,327$6,354,618
Government payments4%570$4,915$2,801,674
Government pensions4%645$9,453$6,097,301
Total Income or Loss99%14,345$88,843$1,274,453,017
Deducations
Charitable Gifts41%5,885$2,794$16,441,920
Cost of Tax Affairs47%6,775$803$5,440,067
Work Car expenses20%2,955$3,172$9,373,698
Work Travel expenses10%1,425$1,350$1,924,213
Self Education expenses3%475$2,865$1,360,808
Total Deductions80%11,530$6,216$71,665,199
Taxation
Taxable Income99%14,315$83,793$1,199,500,320
Medicare Levy 71%10,220$1,650$16,858,891
Medicare Surcharge 1%140$1,255$175,759
Gross Tax 81%11,635$28,739$334,376,171
Net Tax 74%10,740$31,831$341,861,704
Average Tax 100%14,440 $23,675$341,861,704
Gross Tax Rate 81%11,635 34%$334,376,171
Net Tax Rate 74%10,740 38%$341,861,704
Average Tax Rate 100%14,440 28%$341,861,704
%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 $83,793. It is estimated that the average taxable income for people who paid a net amount of tax was $107691.

The average net tax paid was $31,831. This equates to an average tax of 38 cents in the dollar on taxable income.

The Medicare levy was paid by 10,220 people for an average of $1,650. 140 people paid $1,255 on average more for the Medicare surcharge.

9,965 people earned a salary or wage and took home an average of $74,729 each.

Government allowance and payments were collected by 570 people for on average $4,915. 645 people received the pension or other allowance.

Charitable gifts and donations of an average of $2,794 were made by 5,885 people.

The costs of tax affairs for 6,775 people were claimed for $803 each.