3234 VS VIC TaxStats FY2013

Postcode 3234 includes Grey River, Kennett River, Separation Creek, Sugarloaf, Wongarra, Wye River in Victoria, and is in the federal electorate of Corangamite.

3234 VS vic
TaxStats FY2013
%Ppl#Ppl3234
Avg
%Ppl#PplVIC
Avg
Total Individuals100%60100%3,173,515
Income
Salary or Wage 67%40$42,01879%2,505,685$52,564
Gross Interest58%35$3,05257%1,809,890$2,083
Unfranked Dividends8%5$11810%308,960$778
Franked Dividends17%10$10,84123%738,985$7,146
Dividend Franking Credit17%10$4,64623%736,700$3,067
Capital Gains8%5$15,9454%132,920$19,666
Termination Payouts8%5$1,0052%60,565$14,313
Tips/Directors Fees etc17%10$2,54219%590,595$3,685
Business Income8%5$-1,31310%302,500$21,832
Foreign Income8%5$1115%161,335$1,563
Government payments17%10$4,1297%223,345$5,314
Government pensions8%5$3,3285%160,790$9,397
Total Income or Loss100%60$45,469100%3,159,320$55,828
Deducations
Charitable Gifts17%10$1,21539%1,232,200$488
Cost of Tax Affairs33%20$47750%1,573,340$366
Work Car expenses25%15$3,11627%860,910$2,674
Work Travel expenses8%5$60610%327,430$1,389
Self Education expenses8%5$1,8144%134,315$2,007
Total Deductions58%35$5,57481%2,571,550$3,172
Taxation
Taxable Income100%60$42,21899%3,153,015$53,260
Medicare Levy 58%35$93770%2,215,495$1,022
Medicare Surcharge %0$1%39,620$1,213
Gross Tax 75%45$10,03480%2,542,775$13,802
Net Tax 67%40$11,45373%2,332,460$15,400
Average Tax 100%60 $7,635100%3,173,515 $11,319
Gross Tax Rate 75%45 24%80%2,542,775 26%
Net Tax Rate 67%40 27%73%2,332,460 29%
Average Tax Rate 100%60 18%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.