3950 VS VIC TaxStats FY2013

Postcode 3950 includes Kardella South, Korumburra, Korumburra South, Strzelecki, Whitelaw in Victoria, and is in the federal electorate of McMillan.

3950 VS vic
TaxStats FY2013
%Ppl#Ppl3950
Avg
%Ppl#PplVIC
Avg
Total Individuals100%2,450100%3,173,515
Income
Salary or Wage 74%1,810$43,56079%2,505,685$52,564
Gross Interest57%1,400$1,99557%1,809,890$2,083
Unfranked Dividends14%345$34310%308,960$778
Franked Dividends26%635$5,12623%738,985$7,146
Dividend Franking Credit26%635$2,19823%736,700$3,067
Capital Gains3%85$9,0154%132,920$19,666
Termination Payouts2%45$9,6242%60,565$14,313
Tips/Directors Fees etc23%575$1,65219%590,595$3,685
Business Income10%250$13,99310%302,500$21,832
Foreign Income4%110$4535%161,335$1,563
Government payments8%195$5,2117%223,345$5,314
Government pensions8%205$9,3615%160,790$9,397
Total Income or Loss100%2,440$44,050100%3,159,320$55,828
Deducations
Charitable Gifts36%885$23639%1,232,200$488
Cost of Tax Affairs49%1,190$25950%1,573,340$366
Work Car expenses24%590$2,05227%860,910$2,674
Work Travel expenses8%190$1,52310%327,430$1,389
Self Education expenses4%95$1,3314%134,315$2,007
Total Deductions79%1,940$2,32381%2,571,550$3,172
Taxation
Taxable Income99%2,435$42,12399%3,153,015$53,260
Medicare Levy 64%1,565$84370%2,215,495$1,022
Medicare Surcharge 1%20$1,7821%39,620$1,213
Gross Tax 77%1,895$9,33180%2,542,775$13,802
Net Tax 67%1,650$10,79773%2,332,460$15,400
Average Tax 100%2,450 $7,272100%3,173,515 $11,319
Gross Tax Rate 77%1,895 22%80%2,542,775 26%
Net Tax Rate 67%1,650 26%73%2,332,460 29%
Average Tax Rate 100%2,450 17%100%3,173,515 21%
%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.