3221 VS VIC TaxStats FY2013

Postcode 3221 includes Barrabool, Ceres, Geelong Mc, Gnarwarre in Victoria, and is in the federal electorate of Corangamite.

3221 VS vic
TaxStats FY2013
%Ppl#Ppl3221
Avg
%Ppl#PplVIC
Avg
Total Individuals100%3,440100%3,173,515
Income
Salary or Wage 71%2,445$50,79479%2,505,685$52,564
Gross Interest55%1,875$2,40957%1,809,890$2,083
Unfranked Dividends12%420$47810%308,960$778
Franked Dividends27%930$20,08623%738,985$7,146
Dividend Franking Credit27%925$8,65523%736,700$3,067
Capital Gains5%175$16,9184%132,920$19,666
Termination Payouts2%65$10,0062%60,565$14,313
Tips/Directors Fees etc20%685$3,71119%590,595$3,685
Business Income10%360$23,10510%302,500$21,832
Foreign Income6%200$1,4665%161,335$1,563
Government payments5%185$4,9357%223,345$5,314
Government pensions4%125$9,1565%160,790$9,397
Total Income or Loss99%3,420$60,632100%3,159,320$55,828
Deducations
Charitable Gifts36%1,235$39939%1,232,200$488
Cost of Tax Affairs49%1,695$41850%1,573,340$366
Work Car expenses26%910$2,83527%860,910$2,674
Work Travel expenses6%215$2,08310%327,430$1,389
Self Education expenses3%95$2,1454%134,315$2,007
Total Deductions78%2,675$3,49681%2,571,550$3,172
Taxation
Taxable Income99%3,400$57,95599%3,153,015$53,260
Medicare Levy 70%2,415$1,13170%2,215,495$1,022
Medicare Surcharge 1%35$1,5381%39,620$1,213
Gross Tax 79%2,715$16,65280%2,542,775$13,802
Net Tax 73%2,500$18,59273%2,332,460$15,400
Average Tax 100%3,440 $13,512100%3,173,515 $11,319
Gross Tax Rate 79%2,715 29%80%2,542,775 26%
Net Tax Rate 73%2,500 32%73%2,332,460 29%
Average Tax Rate 100%3,440 23%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.