3029 VS VIC TaxStats FY2013

Postcode 3029 includes Hoppers Crossing, Tarneit, Truganina in Victoria, and is in the federal electorate of Lalor.

3029 VS vic
TaxStats FY2013
%Ppl#Ppl3029
Avg
%Ppl#PplVIC
Avg
Total Individuals100%41,740100%3,173,515
Income
Salary or Wage 87%36,435$50,13779%2,505,685$52,564
Gross Interest46%19,190$1,04057%1,809,890$2,083
Unfranked Dividends4%1,815$28710%308,960$778
Franked Dividends12%5,035$2,16523%738,985$7,146
Dividend Franking Credit12%5,010$93223%736,700$3,067
Capital Gains2%815$9,6264%132,920$19,666
Termination Payouts2%1,005$8,9722%60,565$14,313
Tips/Directors Fees etc22%9,140$2,73019%590,595$3,685
Business Income8%3,480$16,05510%302,500$21,832
Foreign Income2%770$7155%161,335$1,563
Government payments7%3,080$5,3097%223,345$5,314
Government pensions3%1,400$9,0645%160,790$9,397
Total Income or Loss100%41,545$49,686100%3,159,320$55,828
Deducations
Charitable Gifts41%17,270$24239%1,232,200$488
Cost of Tax Affairs55%22,915$20050%1,573,340$366
Work Car expenses33%13,835$2,60127%860,910$2,674
Work Travel expenses10%4,365$1,26710%327,430$1,389
Self Education expenses5%2,135$1,9014%134,315$2,007
Total Deductions84%35,210$2,74281%2,571,550$3,172
Taxation
Taxable Income99%41,525$47,37199%3,153,015$53,260
Medicare Levy 74%30,695$86270%2,215,495$1,022
Medicare Surcharge 1%525$1,1311%39,620$1,213
Gross Tax 83%34,590$10,05380%2,542,775$13,802
Net Tax 78%32,425$11,09373%2,332,460$15,400
Average Tax 100%41,740 $8,617100%3,173,515 $11,319
Gross Tax Rate 83%34,590 21%80%2,542,775 26%
Net Tax Rate 78%32,425 23%73%2,332,460 29%
Average Tax Rate 100%41,740 18%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.