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Top Suburbs in Geelong with the Lowest Total Net Tax on Business Income: Where Entrepreneurs Thrive!
The sum of all tax paid by people on income earned from their businesses after accounting for tax deductions and offset, such as small business tax offsets. Business income includes all earnings from regular business activities, such as in-person and online sales and foreign income, and all other business income, such as capital gains and business prizes. Data from 2020| Area | Value |
|---|---|
| 1. 3220 - Newtown (Greater Geelong - Vic.) | $18,100,000 |
| 2. 3216 - Highton | $17,200,000 |
| 3. 3228 - Torquay (Vic.) | $12,300,000 |
| 4. 3226 - Ocean Grove | $7,110,000 |
| 5. 3222 - Curlewis (Vic.) | $6,430,000 |
| 6. 3218 - Geelong West | $6,390,000 |
| 7. 3352 - Miners Rest | $5,560,000 |
| 8. 3219 - Thomson (Greater Geelong - Vic.) | $4,460,000 |
| 9. 3217 - Armstrong Creek (Vic.) | $4,340,000 |
| 10. 3215 - North Geelong | $4,080,000 |
|
11. |
$3,870,000 |
|
12. |
$3,780,000 |
|
13. |
$3,190,000 |
|
14. |
$2,950,000 |
|
15. |
$2,580,000 |
|
16. |
$2,250,000 |
|
17. |
$2,130,000 |
|
18. |
$2,080,000 |
|
19. |
$1,800,000 |
|
20. |
$1,670,000 |
|
21. |
$1,180,000 |
|
22. |
$1,170,000 |
|
23. |
$1,010,000 |
|
24. |
$873,000 |
|
25. |
$664,000 |
|
26. |
$643,000 |
|
27. |
$620,000 |
|
28. |
$553,000 |
|
29. |
$548,000 |
|
30. |
$303,000 |
|
31. |
$255,000 |
|
32. |
$198,000 |
|
33. |
$61,400 |
|
34. |
$24,400 |
