TaxStats for postcode 3066 FY2013

Postcode 3066 includes Collingwood, Collingwood, Collingwood North in Victoria, and is in the federal electorate of Melbourne.

In FY 2013 the ATO recorded 4,060 individuals in postcode 3066. Of these people, 4,040 made a taxable income or loss. 3,325 of the population paid a gross amount of tax. After tax offsets, 3,135 people actually paid a net amount of tax. There were 905 non-taxable people who paid net tax of $0.

Compare TaxStats of 3066 with VIC

3066 TaxStats FY2013%Ppl#Ppl3066
Total Individuals100%4,060
Salary or Wage 85%3,445$56,384$194,242,518
Gross Interest56%2,290$1,429$3,273,069
Unfranked Dividends6%235$484$113,742
Franked Dividends17%705$6,939$4,891,895
Dividend Franking Credit17%700$2,991$2,093,777
Capital Gains3%115$19,512$2,243,831
Termination Payouts2%70$11,303$791,237
Tips/Directors Fees etc15%595$4,855$2,888,709
Business Income14%585$17,461$10,214,837
Foreign Income4%170$2,493$423,872
Government payments10%405$6,062$2,455,004
Government pensions2%90$11,023$992,072
Total Income or Loss100%4,040$60,281$243,536,892
Charitable Gifts34%1,370$409$560,685
Cost of Tax Affairs45%1,825$369$674,142
Work Car expenses21%835$2,683$2,240,347
Work Travel expenses15%625$1,535$959,628
Self Education expenses6%245$2,909$712,655
Total Deductions77%3,145$3,117$9,801,901
Taxable Income100%4,040$57,771$233,393,716
Medicare Levy 74%2,985$1,070$3,193,323
Medicare Surcharge 2%75$1,178$88,363
Gross Tax 82%3,325$15,027$49,966,151
Net Tax 77%3,135$16,503$51,737,432
Average Tax 100%4,060 $12,743$51,737,432
Gross Tax Rate 82%3,325 26%$49,966,151
Net Tax Rate 77%3,135 29%$51,737,432
Average Tax Rate 100%4,060 22%$51,737,432
%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 $57,771. It is estimated that the average taxable income for people who paid a net amount of tax was $70984.

The average net tax paid was $16,503. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 2,985 people for an average of $1,070. 75 people paid $1,178 on average more for the Medicare surcharge.

3,445 people earned a salary or wage and took home an average of $56,384 each.

Government allowance and payments were collected by 405 people for on average $6,062. 90 people received the pension or other allowance.

Charitable gifts and donations of an average of $409 were made by 1,370 people.

The costs of tax affairs for 1,825 people were claimed for $369 each.