TaxStats for postcode 3101 FY2013

Postcode 3101 includes Cotham, Kew, Kew in Victoria, and is in the federal electorate of Kooyong.

In FY 2013 the ATO recorded 15,875 individuals in postcode 3101. Of these people, 15,720 made a taxable income or loss. 12,825 of the population paid a gross amount of tax. After tax offsets, 12,005 people actually paid a net amount of tax. There were 3,715 non-taxable people who paid net tax of $0.

Compare TaxStats of 3101 with VIC

3101 TaxStats FY2013%Ppl#Ppl3101
Total Individuals100%15,875
Salary or Wage 70%11,050$73,832$815,838,510
Gross Interest69%11,030$4,350$47,977,424
Unfranked Dividends17%2,760$2,299$6,344,323
Franked Dividends38%6,085$17,660$107,460,939
Dividend Franking Credit38%6,070$7,584$46,035,747
Capital Gains9%1,400$61,785$86,499,097
Termination Payouts2%240$38,632$9,271,592
Tips/Directors Fees etc14%2,160$6,527$14,097,343
Business Income12%1,830$76,633$140,237,876
Foreign Income12%1,900$4,007$7,614,235
Government payments4%655$5,240$3,432,192
Government pensions3%410$9,424$3,864,044
Total Income or Loss99%15,775$103,131$1,626,888,661
Charitable Gifts38%6,020$2,649$15,949,263
Cost of Tax Affairs47%7,520$905$6,804,912
Work Car expenses21%3,360$3,241$10,890,313
Work Travel expenses11%1,680$1,492$2,506,814
Self Education expenses4%565$2,757$1,557,743
Total Deductions79%12,595$6,560$82,622,596
Taxable Income99%15,720$98,051$1,541,357,360
Medicare Levy 72%11,455$1,905$21,822,926
Medicare Surcharge 1%215$1,652$355,283
Gross Tax 81%12,825$36,211$464,401,570
Net Tax 76%12,005$39,545$474,741,443
Average Tax 100%15,875 $29,905$474,741,443
Gross Tax Rate 81%12,825 37%$464,401,570
Net Tax Rate 76%12,005 40%$474,741,443
Average Tax Rate 100%15,875 30%$474,741,443
%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 $98,051. It is estimated that the average taxable income for people who paid a net amount of tax was $124679.

The average net tax paid was $39,545. This equates to an average tax of 40 cents in the dollar on taxable income.

The Medicare levy was paid by 11,455 people for an average of $1,905. 215 people paid $1,652 on average more for the Medicare surcharge.

11,050 people earned a salary or wage and took home an average of $73,832 each.

Government allowance and payments were collected by 655 people for on average $5,240. 410 people received the pension or other allowance.

Charitable gifts and donations of an average of $2,649 were made by 6,020 people.

The costs of tax affairs for 7,520 people were claimed for $905 each.