3224 VS VIC TaxStats FY2013

Postcode 3224 includes Leopold, Moolap in Victoria, and is in the federal electorate of Corangamite.

3224 VS vic
TaxStats FY2013
%Ppl#Ppl3224
Avg
%Ppl#PplVIC
Avg
Total Individuals100%6,760100%3,173,515
Income
Salary or Wage 79%5,360$49,01579%2,505,685$52,564
Gross Interest53%3,585$1,62857%1,809,890$2,083
Unfranked Dividends9%635$65010%308,960$778
Franked Dividends22%1,490$3,56623%738,985$7,146
Dividend Franking Credit22%1,490$1,52823%736,700$3,067
Capital Gains4%270$8,6924%132,920$19,666
Termination Payouts2%155$10,3712%60,565$14,313
Tips/Directors Fees etc22%1,515$2,45319%590,595$3,685
Business Income8%525$17,46810%302,500$21,832
Foreign Income6%375$1,1355%161,335$1,563
Government payments7%470$5,3097%223,345$5,314
Government pensions6%435$9,1505%160,790$9,397
Total Income or Loss100%6,750$48,989100%3,159,320$55,828
Deducations
Charitable Gifts43%2,930$25639%1,232,200$488
Cost of Tax Affairs53%3,575$22250%1,573,340$366
Work Car expenses33%2,200$2,26427%860,910$2,674
Work Travel expenses8%560$1,25010%327,430$1,389
Self Education expenses4%290$1,4014%134,315$2,007
Total Deductions82%5,555$2,67381%2,571,550$3,172
Taxation
Taxable Income100%6,745$46,80399%3,153,015$53,260
Medicare Levy 71%4,780$88770%2,215,495$1,022
Medicare Surcharge 1%50$1,3791%39,620$1,213
Gross Tax 80%5,410$10,64780%2,542,775$13,802
Net Tax 73%4,950$11,90573%2,332,460$15,400
Average Tax 100%6,760 $8,717100%3,173,515 $11,319
Gross Tax Rate 80%5,410 23%80%2,542,775 26%
Net Tax Rate 73%4,950 25%73%2,332,460 29%
Average Tax Rate 100%6,760 19%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.