3121 VS VIC TaxStats FY2013

Postcode 3121 includes Burnley, Burnley, Burnley North, Cremorne, Cremorne, Richmond, Richmond, Richmond East, Richmond North, Richmond South in Victoria, and is in the federal electorate of Melbourne.

3121 VS vic
TaxStats FY2013
%Ppl#Ppl3121
Avg
%Ppl#PplVIC
Avg
Total Individuals100%19,270100%3,173,515
Income
Salary or Wage 86%16,560$65,70179%2,505,685$52,564
Gross Interest62%12,035$1,85057%1,809,890$2,083
Unfranked Dividends9%1,700$74710%308,960$778
Franked Dividends23%4,355$6,99323%738,985$7,146
Dividend Franking Credit22%4,335$3,00823%736,700$3,067
Capital Gains4%835$21,3334%132,920$19,666
Termination Payouts2%400$19,0502%60,565$14,313
Tips/Directors Fees etc16%3,000$5,42219%590,595$3,685
Business Income10%1,920$29,27110%302,500$21,832
Foreign Income5%1,040$1,7975%161,335$1,563
Government payments6%1,220$5,5927%223,345$5,314
Government pensions2%395$9,9885%160,790$9,397
Total Income or Loss100%19,190$74,013100%3,159,320$55,828
Deducations
Charitable Gifts39%7,550$72039%1,232,200$488
Cost of Tax Affairs47%9,105$42850%1,573,340$366
Work Car expenses26%5,030$3,20827%860,910$2,674
Work Travel expenses16%3,160$1,25710%327,430$1,389
Self Education expenses6%1,130$2,8784%134,315$2,007
Total Deductions84%16,145$3,81881%2,571,550$3,172
Taxation
Taxable Income99%19,165$70,76299%3,153,015$53,260
Medicare Levy 78%15,115$1,26170%2,215,495$1,022
Medicare Surcharge 2%435$1,0941%39,620$1,213
Gross Tax 86%16,610$19,77880%2,542,775$13,802
Net Tax 82%15,775$21,54873%2,332,460$15,400
Average Tax 100%19,270 $17,640100%3,173,515 $11,319
Gross Tax Rate 86%16,610 28%80%2,542,775 26%
Net Tax Rate 82%15,775 30%73%2,332,460 29%
Average Tax Rate 100%19,270 25%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.