TaxStats for postcode 3207 FY2013
Postcode 3207 includes Garden City, Port Melbourne, Port Melbourne in Victoria, and is in the federal electorate of Melbourne Ports.
In FY 2013 the ATO recorded 10,440 individuals in postcode 3207. Of these people, 10,360 made a taxable income or loss. 8,935 of the population paid a gross amount of tax. After tax offsets, 8,510 people actually paid a net amount of tax. There were 1,850 non-taxable people who paid net tax of $0.
Compare TaxStats of 3207 with VIC
| 3207 TaxStats FY2013 | %Ppl | #Ppl | 3207 Avg | 3207 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 10,440 | ||
| Income | ||||
| Salary or Wage | 80% | 8,330 | $80,483 | $670,420,626 |
| Gross Interest | 65% | 6,745 | $2,739 | $18,474,110 |
| Unfranked Dividends | 11% | 1,145 | $1,054 | $1,206,760 |
| Franked Dividends | 28% | 2,940 | $17,902 | $52,630,972 |
| Dividend Franking Credit | 28% | 2,930 | $7,695 | $22,547,255 |
| Capital Gains | 6% | 625 | $48,840 | $30,525,158 |
| Termination Payouts | 3% | 285 | $24,521 | $6,988,567 |
| Tips/Directors Fees etc | 16% | 1,695 | $8,735 | $14,805,960 |
| Business Income | 10% | 1,050 | $29,011 | $30,461,181 |
| Foreign Income | 8% | 825 | $3,368 | $2,778,212 |
| Government payments | 4% | 400 | $5,497 | $2,198,747 |
| Government pensions | 2% | 250 | $9,357 | $2,339,300 |
| Total Income or Loss | 100% | 10,390 | $93,373 | $970,149,809 |
| Deducations | ||||
| Charitable Gifts | 41% | 4,275 | $601 | $2,571,312 |
| Cost of Tax Affairs | 52% | 5,480 | $598 | $3,276,212 |
| Work Car expenses | 30% | 3,135 | $4,004 | $12,552,595 |
| Work Travel expenses | 18% | 1,830 | $1,627 | $2,977,896 |
| Self Education expenses | 5% | 475 | $2,950 | $1,401,361 |
| Total Deductions | 84% | 8,755 | $5,155 | $45,128,899 |
| Taxation | ||||
| Taxable Income | 99% | 10,360 | $89,120 | $923,282,839 |
| Medicare Levy | 78% | 8,150 | $1,602 | $13,052,437 |
| Medicare Surcharge | 3% | 305 | $1,290 | $393,511 |
| Gross Tax | 86% | 8,935 | $28,470 | $254,382,125 |
| Net Tax | 82% | 8,510 | $30,838 | $262,433,541 |
| Average Tax | 100% | 10,440 | $25,137 | $262,433,541 |
| Gross Tax Rate | 86% | 8,935 | 32% | $254,382,125 |
| Net Tax Rate | 82% | 8,510 | 35% | $262,433,541 |
| Average Tax Rate | 100% | 10,440 | 28% | $262,433,541 |
| %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 $89,120. It is estimated that the average taxable income for people who paid a net amount of tax was $105885.
The average net tax paid was $30,838. This equates to an average tax of 35 cents in the dollar on taxable income.
The Medicare levy was paid by 8,150 people for an average of $1,602. 305 people paid $1,290 on average more for the Medicare surcharge.
8,330 people earned a salary or wage and took home an average of $80,483 each.
Government allowance and payments were collected by 400 people for on average $5,497. 250 people received the pension or other allowance.
Charitable gifts and donations of an average of $601 were made by 4,275 people.
The costs of tax affairs for 5,480 people were claimed for $598 each.