TaxStats for postcode 3144 FY2013

Postcode 3144 includes Kooyong, Kooyong, Malvern, Malvern, Malvern North in Victoria, and is in the federal electorate of Higgins.

In FY 2013 the ATO recorded 7,755 individuals in postcode 3144. Of these people, 7,665 made a taxable income or loss. 6,360 of the population paid a gross amount of tax. After tax offsets, 5,940 people actually paid a net amount of tax. There were 1,725 non-taxable people who paid net tax of $0.

Compare TaxStats of 3144 with VIC

3144 TaxStats FY2013%Ppl#Ppl3144
Total Individuals100%7,755
Salary or Wage 66%5,140$80,129$411,861,043
Gross Interest70%5,465$4,742$25,913,887
Unfranked Dividends19%1,505$2,139$3,219,560
Franked Dividends42%3,265$20,287$66,236,035
Dividend Franking Credit42%3,265$8,693$28,383,677
Capital Gains10%745$36,970$27,542,996
Termination Payouts1%100$50,275$5,027,495
Tips/Directors Fees etc12%960$6,666$6,398,967
Business Income11%855$76,461$65,374,194
Foreign Income14%1,050$5,784$6,072,702
Government payments4%285$5,040$1,436,310
Government pensions3%220$10,228$2,250,076
Total Income or Loss99%7,690$112,409$864,428,120
Charitable Gifts40%3,095$2,431$7,524,493
Cost of Tax Affairs48%3,760$1,090$4,098,342
Work Car expenses20%1,515$3,760$5,696,392
Work Travel expenses9%735$1,594$1,171,825
Self Education expenses3%245$3,369$825,334
Total Deductions79%6,135$7,351$45,097,760
Taxable Income99%7,665$106,623$817,263,376
Medicare Levy 73%5,680$2,045$11,618,352
Medicare Surcharge 1%70$1,611$112,746
Gross Tax 82%6,360$39,586$251,764,376
Net Tax 77%5,940$43,383$257,692,888
Average Tax 100%7,755 $33,229$257,692,888
Gross Tax Rate 82%6,360 37%$251,764,376
Net Tax Rate 77%5,940 41%$257,692,888
Average Tax Rate 100%7,755 31%$257,692,888
%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 $106,623. It is estimated that the average taxable income for people who paid a net amount of tax was $134102.

The average net tax paid was $43,383. This equates to an average tax of 41 cents in the dollar on taxable income.

The Medicare levy was paid by 5,680 people for an average of $2,045. 70 people paid $1,611 on average more for the Medicare surcharge.

5,140 people earned a salary or wage and took home an average of $80,129 each.

Government allowance and payments were collected by 285 people for on average $5,040. 220 people received the pension or other allowance.

Charitable gifts and donations of an average of $2,431 were made by 3,095 people.

The costs of tax affairs for 3,760 people were claimed for $1,090 each.