TaxStats for postcode 3072 FY2013

Postcode 3072 includes Preston, Preston, Preston Lower, Preston South, Preston West, Regent West in Victoria, and is in the federal electorate of Batman.

In FY 2013 the ATO recorded 17,215 individuals in postcode 3072. Of these people, 17,115 made a taxable income or loss. 13,945 of the population paid a gross amount of tax. After tax offsets, 12,995 people actually paid a net amount of tax. There were 4,120 non-taxable people who paid net tax of $0.

Compare TaxStats of 3072 with VIC

3072 TaxStats FY2013%Ppl#Ppl3072
Total Individuals100%17,215
Salary or Wage 83%14,335$49,796$713,832,250
Gross Interest58%10,035$1,570$15,756,896
Unfranked Dividends6%1,050$1,049$1,101,613
Franked Dividends17%2,950$4,891$14,428,733
Dividend Franking Credit17%2,945$1,761$5,186,499
Capital Gains3%450$11,199$5,039,564
Termination Payouts2%330$10,382$3,425,908
Tips/Directors Fees etc17%2,870$3,292$9,448,373
Business Income11%1,830$17,532$32,083,487
Foreign Income3%585$1,093$639,665
Government payments9%1,520$5,677$8,628,696
Government pensions3%595$10,239$6,092,006
Total Income or Loss100%17,135$50,582$866,722,636
Charitable Gifts38%6,535$317$2,073,710
Cost of Tax Affairs49%8,520$294$2,501,627
Work Car expenses25%4,310$2,532$10,913,532
Work Travel expenses11%1,890$1,149$2,171,696
Self Education expenses5%800$2,042$1,633,753
Total Deductions81%13,910$2,713$37,733,520
Taxable Income99%17,115$48,381$828,045,671
Medicare Levy 71%12,255$903$11,061,210
Medicare Surcharge 1%245$1,096$268,401
Gross Tax 81%13,945$10,967$152,940,777
Net Tax 75%12,995$12,162$158,047,983
Average Tax 100%17,215 $9,181$158,047,983
Gross Tax Rate 81%13,945 23%$152,940,777
Net Tax Rate 75%12,995 25%$158,047,983
Average Tax Rate 100%17,215 19%$158,047,983
%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 $48,381. It is estimated that the average taxable income for people who paid a net amount of tax was $59916.

The average net tax paid was $12,162. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 12,255 people for an average of $903. 245 people paid $1,096 on average more for the Medicare surcharge.

14,335 people earned a salary or wage and took home an average of $49,796 each.

Government allowance and payments were collected by 1,520 people for on average $5,677. 595 people received the pension or other allowance.

Charitable gifts and donations of an average of $317 were made by 6,535 people.

The costs of tax affairs for 8,520 people were claimed for $294 each.