TaxStats for postcode 3127 FY2013
Postcode 3127 includes Mont Albert, Mont Albert, Surrey Hills, Surrey Hills North in Victoria, and is in the federal electorate of Chisholm.
In FY 2013 the ATO recorded 12,040 individuals in postcode 3127. Of these people, 11,960 made a taxable income or loss. 9,735 of the population paid a gross amount of tax. After tax offsets, 9,025 people actually paid a net amount of tax. There were 2,935 non-taxable people who paid net tax of $0.
Compare TaxStats of 3127 with VIC
| 3127 TaxStats FY2013 | %Ppl | #Ppl | 3127 Avg | 3127 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 12,040 | ||
| Income | ||||
| Salary or Wage | 74% | 8,925 | $72,283 | $645,121,623 |
| Gross Interest | 70% | 8,420 | $3,227 | $27,168,692 |
| Unfranked Dividends | 17% | 2,075 | $1,008 | $2,092,403 |
| Franked Dividends | 40% | 4,825 | $10,090 | $48,683,319 |
| Dividend Franking Credit | 40% | 4,810 | $4,331 | $20,834,320 |
| Capital Gains | 8% | 990 | $17,682 | $17,505,254 |
| Termination Payouts | 2% | 185 | $30,637 | $5,667,916 |
| Tips/Directors Fees etc | 15% | 1,805 | $5,448 | $9,834,136 |
| Business Income | 9% | 1,125 | $40,290 | $45,326,701 |
| Foreign Income | 11% | 1,370 | $976 | $1,337,634 |
| Government payments | 4% | 500 | $4,893 | $2,446,453 |
| Government pensions | 4% | 470 | $8,881 | $4,174,185 |
| Total Income or Loss | 100% | 11,985 | $80,095 | $959,940,123 |
| Deducations | ||||
| Charitable Gifts | 42% | 5,015 | $967 | $4,850,766 |
| Cost of Tax Affairs | 46% | 5,565 | $544 | $3,025,411 |
| Work Car expenses | 23% | 2,715 | $3,059 | $8,306,455 |
| Work Travel expenses | 10% | 1,225 | $1,243 | $1,522,989 |
| Self Education expenses | 4% | 440 | $2,275 | $1,001,110 |
| Total Deductions | 81% | 9,785 | $4,332 | $42,388,535 |
| Taxation | ||||
| Taxable Income | 99% | 11,960 | $76,365 | $913,326,430 |
| Medicare Levy | 72% | 8,705 | $1,480 | $12,884,951 |
| Medicare Surcharge | 1% | 135 | $1,143 | $154,330 |
| Gross Tax | 81% | 9,735 | $24,581 | $239,298,536 |
| Net Tax | 75% | 9,025 | $27,252 | $245,949,044 |
| Average Tax | 100% | 12,040 | $20,428 | $245,949,044 |
| Gross Tax Rate | 81% | 9,735 | 32% | $239,298,536 |
| Net Tax Rate | 75% | 9,025 | 36% | $245,949,044 |
| Average Tax Rate | 100% | 12,040 | 27% | $245,949,044 |
| %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 $76,365. It is estimated that the average taxable income for people who paid a net amount of tax was $97297.
The average net tax paid was $27,252. This equates to an average tax of 36 cents in the dollar on taxable income.
The Medicare levy was paid by 8,705 people for an average of $1,480. 135 people paid $1,143 on average more for the Medicare surcharge.
8,925 people earned a salary or wage and took home an average of $72,283 each.
Government allowance and payments were collected by 500 people for on average $4,893. 470 people received the pension or other allowance.
Charitable gifts and donations of an average of $967 were made by 5,015 people.
The costs of tax affairs for 5,565 people were claimed for $544 each.