TaxStats for postcode 3172 FY2013
Postcode 3172 includes Dingley Village, Springvale South in Victoria, and is in the federal electorate of Hotham.
In FY 2013 the ATO recorded 12,225 individuals in postcode 3172. Of these people, 12,180 made a taxable income or loss. 9,720 of the population paid a gross amount of tax. After tax offsets, 8,825 people actually paid a net amount of tax. There were 3,355 non-taxable people who paid net tax of $0.
Compare TaxStats of 3172 with VIC
| 3172 TaxStats FY2013 | %Ppl | #Ppl | 3172 Avg | 3172 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 12,225 | ||
| Income | ||||
| Salary or Wage | 81% | 9,870 | $46,341 | $457,389,964 |
| Gross Interest | 53% | 6,485 | $1,942 | $12,595,064 |
| Unfranked Dividends | 8% | 975 | $416 | $405,272 |
| Franked Dividends | 21% | 2,545 | $5,430 | $13,820,009 |
| Dividend Franking Credit | 21% | 2,535 | $2,330 | $5,907,415 |
| Capital Gains | 3% | 420 | $7,798 | $3,275,162 |
| Termination Payouts | 2% | 230 | $11,024 | $2,535,510 |
| Tips/Directors Fees etc | 17% | 2,100 | $3,371 | $7,079,747 |
| Business Income | 9% | 1,095 | $19,117 | $20,932,805 |
| Foreign Income | 4% | 470 | $561 | $263,502 |
| Government payments | 7% | 890 | $5,170 | $4,601,084 |
| Government pensions | 6% | 710 | $9,338 | $6,630,161 |
| Total Income or Loss | 100% | 12,190 | $47,265 | $576,163,931 |
| Deducations | ||||
| Charitable Gifts | 36% | 4,370 | $279 | $1,217,961 |
| Cost of Tax Affairs | 51% | 6,230 | $659 | $4,103,815 |
| Work Car expenses | 24% | 2,980 | $2,598 | $7,742,139 |
| Work Travel expenses | 8% | 980 | $1,177 | $1,153,150 |
| Self Education expenses | 3% | 410 | $1,577 | $646,729 |
| Total Deductions | 81% | 9,875 | $2,614 | $25,808,723 |
| Taxation | ||||
| Taxable Income | 100% | 12,180 | $45,161 | $550,057,488 |
| Medicare Levy | 68% | 8,305 | $866 | $7,191,369 |
| Medicare Surcharge | 1% | 75 | $1,074 | $80,574 |
| Gross Tax | 80% | 9,720 | $10,037 | $97,556,260 |
| Net Tax | 72% | 8,825 | $11,259 | $99,361,225 |
| Average Tax | 100% | 12,225 | $8,128 | $99,361,225 |
| Gross Tax Rate | 80% | 9,720 | 22% | $97,556,260 |
| Net Tax Rate | 72% | 8,825 | 25% | $99,361,225 |
| Average Tax Rate | 100% | 12,225 | 18% | $99,361,225 |
| %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 $45,161. It is estimated that the average taxable income for people who paid a net amount of tax was $57767.
The average net tax paid was $11,259. This equates to an average tax of 25 cents in the dollar on taxable income.
The Medicare levy was paid by 8,305 people for an average of $866. 75 people paid $1,074 on average more for the Medicare surcharge.
9,870 people earned a salary or wage and took home an average of $46,341 each.
Government allowance and payments were collected by 890 people for on average $5,170. 710 people received the pension or other allowance.
Charitable gifts and donations of an average of $279 were made by 4,370 people.
The costs of tax affairs for 6,230 people were claimed for $659 each.