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#Ppl3068
Total Individuals100%11,450
Salary or Wage 82%9,425$66,547$627,203,651
Gross Interest66%7,530$2,223$16,740,917
Unfranked Dividends11%1,315$850$1,118,073
Franked Dividends28%3,175$8,305$26,368,936
Dividend Franking Credit28%3,165$3,568$11,291,819
Capital Gains5%625$17,361$10,850,663
Termination Payouts2%190$22,399$4,255,743
Tips/Directors Fees etc14%1,600$4,374$6,997,896
Business Income15%1,715$30,856$52,917,978
Foreign Income8%940$2,573$2,418,156
Government payments7%840$5,609$4,711,680
Government pensions2%245$9,678$2,371,103
Total Income or Loss100%11,420$74,496$850,748,734
Charitable Gifts43%4,910$730$3,582,555
Cost of Tax Affairs49%5,560$434$2,414,426
Work Car expenses22%2,535$2,439$6,183,753
Work Travel expenses16%1,790$1,518$2,717,085
Self Education expenses6%690$3,123$2,154,588
Total Deductions83%9,490$3,893$36,946,255
Taxable Income100%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.