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#Ppl3127
Total Individuals100%12,040
Salary or Wage 74%8,925$72,283$645,121,623
Gross Interest70%8,420$3,227$27,168,692
Unfranked Dividends17%2,075$1,008$2,092,403
Franked Dividends40%4,825$10,090$48,683,319
Dividend Franking Credit40%4,810$4,331$20,834,320
Capital Gains8%990$17,682$17,505,254
Termination Payouts2%185$30,637$5,667,916
Tips/Directors Fees etc15%1,805$5,448$9,834,136
Business Income9%1,125$40,290$45,326,701
Foreign Income11%1,370$976$1,337,634
Government payments4%500$4,893$2,446,453
Government pensions4%470$8,881$4,174,185
Total Income or Loss100%11,985$80,095$959,940,123
Charitable Gifts42%5,015$967$4,850,766
Cost of Tax Affairs46%5,565$544$3,025,411
Work Car expenses23%2,715$3,059$8,306,455
Work Travel expenses10%1,225$1,243$1,522,989
Self Education expenses4%440$2,275$1,001,110
Total Deductions81%9,785$4,332$42,388,535
Taxable Income99%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.