TaxStats for postcode 3162 FY2013

Postcode 3162 includes Caulfield, Caulfield, Caulfield South, Caulfield South, Hopetoun Gardens in Victoria, and is in the federal electorate of Melbourne Ports.

In FY 2013 the ATO recorded 11,380 individuals in postcode 3162. Of these people, 11,295 made a taxable income or loss. 9,295 of the population paid a gross amount of tax. After tax offsets, 8,535 people actually paid a net amount of tax. There were 2,760 non-taxable people who paid net tax of $0.

Compare TaxStats of 3162 with VIC

3162 TaxStats FY2013%Ppl#Ppl3162
Avg
3162
Total
Total Individuals100%11,380
Income
Salary or Wage 69%7,860$61,523$483,570,999
Gross Interest67%7,590$4,009$30,425,873
Unfranked Dividends13%1,485$924$1,371,626
Franked Dividends34%3,870$10,478$40,550,389
Dividend Franking Credit34%3,860$4,502$17,378,930
Capital Gains7%780$25,080$19,562,253
Termination Payouts2%185$16,244$3,005,065
Tips/Directors Fees etc14%1,545$6,788$10,486,878
Business Income12%1,350$27,415$37,010,563
Foreign Income9%990$1,430$1,416,082
Government payments4%500$4,981$2,490,324
Government pensions4%485$9,934$4,817,895
Total Income or Loss99%11,320$73,821$835,659,039
Deducations
Charitable Gifts37%4,205$1,050$4,415,537
Cost of Tax Affairs45%5,085$598$3,039,861
Work Car expenses22%2,550$3,172$8,088,131
Work Travel expenses9%1,025$1,373$1,407,430
Self Education expenses3%365$2,243$818,702
Total Deductions77%8,815$4,597$40,518,406
Taxation
Taxable Income99%11,295$70,161$792,470,298
Medicare Levy 71%8,130$1,355$11,016,327
Medicare Surcharge 1%115$1,392$160,072
Gross Tax 82%9,295$21,367$198,608,105
Net Tax 75%8,535$23,944$204,362,673
Average Tax 100%11,380 $17,958$204,362,673
Gross Tax Rate 82%9,295 30%$198,608,105
Net Tax Rate 75%8,535 34%$204,362,673
Average Tax Rate 100%11,380 26%$204,362,673
%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 $70,161. It is estimated that the average taxable income for people who paid a net amount of tax was $88969.

The average net tax paid was $23,944. This equates to an average tax of 34 cents in the dollar on taxable income.

The Medicare levy was paid by 8,130 people for an average of $1,355. 115 people paid $1,392 on average more for the Medicare surcharge.

7,860 people earned a salary or wage and took home an average of $61,523 each.

Government allowance and payments were collected by 500 people for on average $4,981. 485 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,050 were made by 4,205 people.

The costs of tax affairs for 5,085 people were claimed for $598 each.