TaxStats for postcode 3173 FY2013

Postcode 3173 includes Keysborough in Victoria, and is in the federal electorate of Hotham.

In FY 2013 the ATO recorded 11,755 individuals in postcode 3173. Of these people, 11,695 made a taxable income or loss. 9,505 of the population paid a gross amount of tax. After tax offsets, 8,785 people actually paid a net amount of tax. There were 2,910 non-taxable people who paid net tax of $0.

Compare TaxStats of 3173 with VIC

3173 TaxStats FY2013%Ppl#Ppl3173
Total Individuals100%11,755
Salary or Wage 84%9,845$47,398$466,636,078
Gross Interest48%5,690$1,681$9,565,164
Unfranked Dividends6%680$375$255,324
Franked Dividends16%1,870$4,050$7,573,405
Dividend Franking Credit16%1,865$1,739$3,242,924
Capital Gains3%305$12,269$3,742,194
Termination Payouts2%230$10,212$2,348,750
Tips/Directors Fees etc17%1,985$3,242$6,435,386
Business Income8%910$18,683$17,001,425
Foreign Income2%240$1,410$338,502
Government payments7%865$5,502$4,759,167
Government pensions4%470$8,976$4,218,485
Total Income or Loss100%11,705$47,285$553,474,722
Charitable Gifts35%4,120$274$1,127,211
Cost of Tax Affairs53%6,240$232$1,450,617
Work Car expenses25%2,940$2,646$7,779,691
Work Travel expenses9%1,005$979$983,584
Self Education expenses4%450$1,944$875,007
Total Deductions81%9,485$2,371$22,485,330
Taxable Income99%11,695$45,378$530,698,531
Medicare Levy 71%8,355$847$7,075,220
Medicare Surcharge 1%115$1,404$161,459
Gross Tax 81%9,505$9,775$92,913,076
Net Tax 75%8,785$10,881$95,590,958
Average Tax 100%11,755 $8,132$95,590,958
Gross Tax Rate 81%9,505 22%$92,913,076
Net Tax Rate 75%8,785 24%$95,590,958
Average Tax Rate 100%11,755 18%$95,590,958
%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 $45,378. It is estimated that the average taxable income for people who paid a net amount of tax was $56435.

The average net tax paid was $10,881. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 8,355 people for an average of $847. 115 people paid $1,404 on average more for the Medicare surcharge.

9,845 people earned a salary or wage and took home an average of $47,398 each.

Government allowance and payments were collected by 865 people for on average $5,502. 470 people received the pension or other allowance.

Charitable gifts and donations of an average of $274 were made by 4,120 people.

The costs of tax affairs for 6,240 people were claimed for $232 each.