3071 VS VIC TaxStats FY2013

Postcode 3071 includes Thornbury, Thornbury in Victoria, and is in the federal electorate of Batman.

3071 VS vic
TaxStats FY2013
%Ppl#Ppl3071
Avg
%Ppl#PplVIC
Avg
Total Individuals100%10,415100%3,173,515
Income
Salary or Wage 85%8,815$53,91779%2,505,685$52,564
Gross Interest61%6,385$1,59257%1,809,890$2,083
Unfranked Dividends7%725$41410%308,960$778
Franked Dividends19%2,010$3,05023%738,985$7,146
Dividend Franking Credit19%1,995$1,31623%736,700$3,067
Capital Gains3%320$13,7434%132,920$19,666
Termination Payouts2%190$11,4732%60,565$14,313
Tips/Directors Fees etc16%1,680$3,76619%590,595$3,685
Business Income13%1,390$16,14010%302,500$21,832
Foreign Income4%450$6195%161,335$1,563
Government payments9%935$5,4987%223,345$5,314
Government pensions3%290$9,6525%160,790$9,397
Total Income or Loss100%10,375$56,270100%3,159,320$55,828
Deducations
Charitable Gifts41%4,245$37639%1,232,200$488
Cost of Tax Affairs49%5,150$28050%1,573,340$366
Work Car expenses24%2,530$2,34627%860,910$2,674
Work Travel expenses12%1,250$1,05910%327,430$1,389
Self Education expenses5%550$2,0864%134,315$2,007
Total Deductions83%8,640$2,60881%2,571,550$3,172
Taxation
Taxable Income100%10,370$54,07599%3,153,015$53,260
Medicare Levy 75%7,820$98470%2,215,495$1,022
Medicare Surcharge 1%140$1,2311%39,620$1,213
Gross Tax 83%8,690$12,99880%2,542,775$13,802
Net Tax 78%8,170$14,31673%2,332,460$15,400
Average Tax 100%10,415 $11,230100%3,173,515 $11,319
Gross Tax Rate 83%8,690 24%80%2,542,775 26%
Net Tax Rate 78%8,170 26%73%2,332,460 29%
Average Tax Rate 100%10,415 21%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.