3006 VS VIC TaxStats FY2013

Postcode 3006 includes South Wharf, Southbank, Southbank in Victoria, and is in the federal electorate of Melbourne Ports.

3006 VS vic
TaxStats FY2013
%Ppl#Ppl3006
Avg
%Ppl#PplVIC
Avg
Total Individuals100%9,640100%3,173,515
Income
Salary or Wage 85%8,190$62,69479%2,505,685$52,564
Gross Interest63%6,085$2,30857%1,809,890$2,083
Unfranked Dividends6%610$2,04610%308,960$778
Franked Dividends18%1,730$15,23523%738,985$7,146
Dividend Franking Credit18%1,720$6,56623%736,700$3,067
Capital Gains4%375$96,4424%132,920$19,666
Termination Payouts2%160$24,4842%60,565$14,313
Tips/Directors Fees etc13%1,295$10,45519%590,595$3,685
Business Income7%695$25,49110%302,500$21,832
Foreign Income5%465$6,0235%161,335$1,563
Government payments3%300$5,0617%223,345$5,314
Government pensions1%80$8,5765%160,790$9,397
Total Income or Loss99%9,580$73,706100%3,159,320$55,828
Deducations
Charitable Gifts31%3,025$65339%1,232,200$488
Cost of Tax Affairs38%3,685$65550%1,573,340$366
Work Car expenses19%1,870$3,00627%860,910$2,674
Work Travel expenses16%1,575$1,80910%327,430$1,389
Self Education expenses7%670$4,0914%134,315$2,007
Total Deductions77%7,450$3,96181%2,571,550$3,172
Taxation
Taxable Income99%9,565$70,60399%3,153,015$53,260
Medicare Levy 69%6,655$1,33770%2,215,495$1,022
Medicare Surcharge 3%250$1,2521%39,620$1,213
Gross Tax 81%7,795$22,12980%2,542,775$13,802
Net Tax 78%7,475$23,83073%2,332,460$15,400
Average Tax 100%9,640 $18,478100%3,173,515 $11,319
Gross Tax Rate 81%7,795 31%80%2,542,775 26%
Net Tax Rate 78%7,475 34%73%2,332,460 29%
Average Tax Rate 100%9,640 26%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.