TaxStats for postcode 3068 FY2013
Postcode 3068 includes Clifton Hill, Clifton Hill, Fitzroy North, Fitzroy North in Victoria, and is in the federal electorate of Batman.
In FY 2013 the ATO recorded 11,450 individuals in postcode 3068. Of these people, 11,405 made a taxable income or loss. 9,625 of the population paid a gross amount of tax. After tax offsets, 9,120 people actually paid a net amount of tax. There were 2,285 non-taxable people who paid net tax of $0.
Compare TaxStats of 3068 with VIC
| 3068 TaxStats FY2013 | %Ppl | #Ppl | 3068 Avg | 3068 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 11,450 | ||
| Income | ||||
| Salary or Wage | 82% | 9,425 | $66,547 | $627,203,651 |
| Gross Interest | 66% | 7,530 | $2,223 | $16,740,917 |
| Unfranked Dividends | 11% | 1,315 | $850 | $1,118,073 |
| Franked Dividends | 28% | 3,175 | $8,305 | $26,368,936 |
| Dividend Franking Credit | 28% | 3,165 | $3,568 | $11,291,819 |
| Capital Gains | 5% | 625 | $17,361 | $10,850,663 |
| Termination Payouts | 2% | 190 | $22,399 | $4,255,743 |
| Tips/Directors Fees etc | 14% | 1,600 | $4,374 | $6,997,896 |
| Business Income | 15% | 1,715 | $30,856 | $52,917,978 |
| Foreign Income | 8% | 940 | $2,573 | $2,418,156 |
| Government payments | 7% | 840 | $5,609 | $4,711,680 |
| Government pensions | 2% | 245 | $9,678 | $2,371,103 |
| Total Income or Loss | 100% | 11,420 | $74,496 | $850,748,734 |
| Deducations | ||||
| Charitable Gifts | 43% | 4,910 | $730 | $3,582,555 |
| Cost of Tax Affairs | 49% | 5,560 | $434 | $2,414,426 |
| Work Car expenses | 22% | 2,535 | $2,439 | $6,183,753 |
| Work Travel expenses | 16% | 1,790 | $1,518 | $2,717,085 |
| Self Education expenses | 6% | 690 | $3,123 | $2,154,588 |
| Total Deductions | 83% | 9,490 | $3,893 | $36,946,255 |
| Taxation | ||||
| Taxable Income | 100% | 11,405 | $71,254 | $812,652,511 |
| Medicare Levy | 78% | 8,895 | $1,298 | $11,541,597 |
| Medicare Surcharge | 2% | 260 | $1,238 | $321,821 |
| Gross Tax | 84% | 9,625 | $20,786 | $200,064,152 |
| Net Tax | 80% | 9,120 | $22,663 | $206,682,142 |
| Average Tax | 100% | 11,450 | $18,051 | $206,682,142 |
| Gross Tax Rate | 84% | 9,625 | 29% | $200,064,152 |
| Net Tax Rate | 80% | 9,120 | 32% | $206,682,142 |
| Average Tax Rate | 100% | 11,450 | 25% | $206,682,142 |
| %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 $71,254. It is estimated that the average taxable income for people who paid a net amount of tax was $86100.
The average net tax paid was $22,663. This equates to an average tax of 32 cents in the dollar on taxable income.
The Medicare levy was paid by 8,895 people for an average of $1,298. 260 people paid $1,238 on average more for the Medicare surcharge.
9,425 people earned a salary or wage and took home an average of $66,547 each.
Government allowance and payments were collected by 840 people for on average $5,609. 245 people received the pension or other allowance.
Charitable gifts and donations of an average of $730 were made by 4,910 people.
The costs of tax affairs for 5,560 people were claimed for $434 each.