3074 VS VIC TaxStats FY2013

Postcode 3074 includes Thomastown in Victoria, and is in the federal electorate of Batman.

3074 VS vic
TaxStats FY2013
%Ppl#Ppl3074
Avg
%Ppl#PplVIC
Avg
Total Individuals100%9,250100%3,173,515
Income
Salary or Wage 81%7,475$43,30579%2,505,685$52,564
Gross Interest50%4,595$1,62257%1,809,890$2,083
Unfranked Dividends4%405$32410%308,960$778
Franked Dividends12%1,070$2,75123%738,985$7,146
Dividend Franking Credit12%1,070$1,17823%736,700$3,067
Capital Gains2%140$13,6774%132,920$19,666
Termination Payouts2%170$9,6952%60,565$14,313
Tips/Directors Fees etc18%1,685$3,01619%590,595$3,685
Business Income10%890$18,17110%302,500$21,832
Foreign Income2%190$5805%161,335$1,563
Government payments10%935$5,2947%223,345$5,314
Government pensions5%480$10,1405%160,790$9,397
Total Income or Loss100%9,205$42,832100%3,159,320$55,828
Deducations
Charitable Gifts37%3,400$20139%1,232,200$488
Cost of Tax Affairs56%5,175$20650%1,573,340$366
Work Car expenses25%2,330$2,47627%860,910$2,674
Work Travel expenses7%675$1,35610%327,430$1,389
Self Education expenses3%260$1,8404%134,315$2,007
Total Deductions80%7,370$2,22181%2,571,550$3,172
Taxation
Taxable Income99%9,200$41,04199%3,153,015$53,260
Medicare Levy 67%6,175$77570%2,215,495$1,022
Medicare Surcharge 1%125$1,1231%39,620$1,213
Gross Tax 80%7,390$8,04180%2,542,775$13,802
Net Tax 73%6,730$9,00873%2,332,460$15,400
Average Tax 100%9,250 $6,554100%3,173,515 $11,319
Gross Tax Rate 80%7,390 20%80%2,542,775 26%
Net Tax Rate 73%6,730 22%73%2,332,460 29%
Average Tax Rate 100%9,250 16%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.