3031 VS VIC TaxStats FY2013

Postcode 3031 includes Flemington, Flemington, Kensington, Kensington in Victoria, and is in the federal electorate of Melbourne.

3031 VS vic
TaxStats FY2013
%Ppl#Ppl3031
Avg
%Ppl#PplVIC
Avg
Total Individuals100%10,425100%3,173,515
Income
Salary or Wage 87%9,085$60,55079%2,505,685$52,564
Gross Interest60%6,305$1,48457%1,809,890$2,083
Unfranked Dividends8%810$38110%308,960$778
Franked Dividends21%2,155$4,48023%738,985$7,146
Dividend Franking Credit21%2,145$1,92323%736,700$3,067
Capital Gains4%375$9,3994%132,920$19,666
Termination Payouts2%210$17,2272%60,565$14,313
Tips/Directors Fees etc17%1,725$3,59719%590,595$3,685
Business Income11%1,185$19,89410%302,500$21,832
Foreign Income5%505$1,6065%161,335$1,563
Government payments9%980$6,0647%223,345$5,314
Government pensions2%240$10,4245%160,790$9,397
Total Income or Loss100%10,395$62,467100%3,159,320$55,828
Deducations
Charitable Gifts41%4,295$40439%1,232,200$488
Cost of Tax Affairs46%4,820$31850%1,573,340$366
Work Car expenses26%2,695$2,55727%860,910$2,674
Work Travel expenses16%1,695$1,34110%327,430$1,389
Self Education expenses7%715$2,5494%134,315$2,007
Total Deductions82%8,590$3,21081%2,571,550$3,172
Taxation
Taxable Income100%10,385$59,82099%3,153,015$53,260
Medicare Levy 77%8,005$1,07870%2,215,495$1,022
Medicare Surcharge 2%220$9871%39,620$1,213
Gross Tax 84%8,800$15,10680%2,542,775$13,802
Net Tax 80%8,360$16,46473%2,332,460$15,400
Average Tax 100%10,425 $13,203100%3,173,515 $11,319
Gross Tax Rate 84%8,800 25%80%2,542,775 26%
Net Tax Rate 80%8,360 28%73%2,332,460 29%
Average Tax Rate 100%10,425 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.