3003 VS VIC TaxStats FY2013

Postcode 3003 includes West Melbourne, West Melbourne in Victoria, and is in the federal electorate of Melbourne.

3003 VS vic
TaxStats FY2013
%Ppl#Ppl3003
Avg
%Ppl#PplVIC
Avg
Total Individuals100%2,655100%3,173,515
Income
Salary or Wage 88%2,325$55,22479%2,505,685$52,564
Gross Interest60%1,585$1,66957%1,809,890$2,083
Unfranked Dividends7%180$1,31610%308,960$778
Franked Dividends17%460$4,40623%738,985$7,146
Dividend Franking Credit17%460$1,88723%736,700$3,067
Capital Gains3%80$12,9504%132,920$19,666
Termination Payouts2%40$10,2692%60,565$14,313
Tips/Directors Fees etc15%390$4,53819%590,595$3,685
Business Income10%260$22,65610%302,500$21,832
Foreign Income4%115$2,3215%161,335$1,563
Government payments7%185$5,4017%223,345$5,314
Government pensions1%25$9,9735%160,790$9,397
Total Income or Loss99%2,640$59,207100%3,159,320$55,828
Deducations
Charitable Gifts33%875$42139%1,232,200$488
Cost of Tax Affairs38%1,015$37450%1,573,340$366
Work Car expenses19%495$2,66027%860,910$2,674
Work Travel expenses15%400$1,40410%327,430$1,389
Self Education expenses7%180$2,8584%134,315$2,007
Total Deductions76%2,030$3,11881%2,571,550$3,172
Taxation
Taxable Income99%2,640$56,77099%3,153,015$53,260
Medicare Levy 67%1,785$1,11570%2,215,495$1,022
Medicare Surcharge 2%55$1,3171%39,620$1,213
Gross Tax 78%2,060$15,98680%2,542,775$13,802
Net Tax 74%1,960$17,19773%2,332,460$15,400
Average Tax 100%2,655 $12,695100%3,173,515 $11,319
Gross Tax Rate 78%2,060 28%80%2,542,775 26%
Net Tax Rate 74%1,960 30%73%2,332,460 29%
Average Tax Rate 100%2,655 22%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.