TaxStats for postcode 3168 FY2013

Postcode 3168 includes Clayton, Clayton, Notting Hill, Notting Hill in Victoria, and is in the federal electorate of Bruce.

In FY 2013 the ATO recorded 9,330 individuals in postcode 3168. Of these people, 9,280 made a taxable income or loss. 6,885 of the population paid a gross amount of tax. After tax offsets, 6,295 people actually paid a net amount of tax. There were 2,985 non-taxable people who paid net tax of $0.

Compare TaxStats of 3168 with VIC

3168 TaxStats FY2013%Ppl#Ppl3168
Total Individuals100%9,330
Salary or Wage 83%7,775$42,289$328,800,127
Gross Interest61%5,675$1,571$8,916,109
Unfranked Dividends5%490$348$170,652
Franked Dividends13%1,230$5,510$6,776,710
Dividend Franking Credit13%1,225$2,371$2,904,702
Capital Gains2%210$13,190$2,769,843
Termination Payouts1%115$9,666$1,111,577
Tips/Directors Fees etc17%1,550$2,381$3,689,863
Business Income8%790$17,811$14,071,049
Foreign Income3%260$586$152,363
Government payments7%620$5,725$3,549,688
Government pensions4%345$9,728$3,356,096
Total Income or Loss100%9,290$42,174$391,795,596
Charitable Gifts26%2,430$352$855,802
Cost of Tax Affairs40%3,735$221$824,632
Work Car expenses22%2,010$2,241$4,504,708
Work Travel expenses9%850$1,028$874,092
Self Education expenses6%530$2,379$1,260,872
Total Deductions73%6,785$2,259$15,328,257
Taxable Income99%9,280$40,547$376,278,094
Medicare Levy 59%5,480$830$4,547,285
Medicare Surcharge 1%120$1,110$133,237
Gross Tax 74%6,885$9,169$63,128,380
Net Tax 67%6,295$10,307$64,885,115
Average Tax 100%9,330 $6,954$64,885,115
Gross Tax Rate 74%6,885 23%$63,128,380
Net Tax Rate 67%6,295 25%$64,885,115
Average Tax Rate 100%9,330 17%$64,885,115
%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 $40,547. It is estimated that the average taxable income for people who paid a net amount of tax was $54084.

The average net tax paid was $10,307. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 5,480 people for an average of $830. 120 people paid $1,110 on average more for the Medicare surcharge.

7,775 people earned a salary or wage and took home an average of $42,289 each.

Government allowance and payments were collected by 620 people for on average $5,725. 345 people received the pension or other allowance.

Charitable gifts and donations of an average of $352 were made by 2,430 people.

The costs of tax affairs for 3,735 people were claimed for $221 each.