3228 VS VIC TaxStats FY2013

Postcode 3228 includes Bellbrae, Bells Beach, Jan Juc, Torquay in Victoria, and is in the federal electorate of Corangamite.

3228 VS vic
TaxStats FY2013
%Ppl#Ppl3228
Avg
%Ppl#PplVIC
Avg
Total Individuals100%10,100100%3,173,515
Income
Salary or Wage 73%7,395$53,92779%2,505,685$52,564
Gross Interest59%5,925$2,05757%1,809,890$2,083
Unfranked Dividends11%1,105$67810%308,960$778
Franked Dividends26%2,675$8,27023%738,985$7,146
Dividend Franking Credit26%2,665$3,55623%736,700$3,067
Capital Gains6%580$20,6824%132,920$19,666
Termination Payouts2%215$18,7042%60,565$14,313
Tips/Directors Fees etc18%1,860$3,48919%590,595$3,685
Business Income12%1,235$24,36110%302,500$21,832
Foreign Income6%585$1,1065%161,335$1,563
Government payments7%660$5,0117%223,345$5,314
Government pensions5%520$9,1455%160,790$9,397
Total Income or Loss100%10,060$57,817100%3,159,320$55,828
Deducations
Charitable Gifts37%3,735$39739%1,232,200$488
Cost of Tax Affairs49%4,910$38850%1,573,340$366
Work Car expenses30%3,065$2,70627%860,910$2,674
Work Travel expenses10%1,030$1,37210%327,430$1,389
Self Education expenses4%375$1,8034%134,315$2,007
Total Deductions79%7,990$3,52381%2,571,550$3,172
Taxation
Taxable Income99%10,035$55,07099%3,153,015$53,260
Medicare Levy 70%7,050$1,07870%2,215,495$1,022
Medicare Surcharge 1%115$1,4491%39,620$1,213
Gross Tax 79%7,935$15,14280%2,542,775$13,802
Net Tax 72%7,275$16,89273%2,332,460$15,400
Average Tax 100%10,100 $12,167100%3,173,515 $11,319
Gross Tax Rate 79%7,935 27%80%2,542,775 26%
Net Tax Rate 72%7,275 31%73%2,332,460 29%
Average Tax Rate 100%10,100 22%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.