3242 VS VIC TaxStats FY2013

Postcode 3242 includes Birregurra in Victoria, and is in the federal electorate of Corangamite.

3242 VS vic
TaxStats FY2013
%Ppl#Ppl3242
Avg
%Ppl#PplVIC
Avg
Total Individuals100%560100%3,173,515
Income
Salary or Wage 64%360$42,10079%2,505,685$52,564
Gross Interest60%335$3,59757%1,809,890$2,083
Unfranked Dividends13%75$49310%308,960$778
Franked Dividends24%135$5,47423%738,985$7,146
Dividend Franking Credit23%130$2,43623%736,700$3,067
Capital Gains5%30$28,2084%132,920$19,666
Termination Payouts1%5$2,8732%60,565$14,313
Tips/Directors Fees etc17%95$3,08519%590,595$3,685
Business Income15%85$7,50910%302,500$21,832
Foreign Income4%25$6055%161,335$1,563
Government payments7%40$4,7007%223,345$5,314
Government pensions5%30$10,1245%160,790$9,397
Total Income or Loss99%555$40,625100%3,159,320$55,828
Deducations
Charitable Gifts29%160$44639%1,232,200$488
Cost of Tax Affairs42%235$41950%1,573,340$366
Work Car expenses20%110$2,51327%860,910$2,674
Work Travel expenses7%40$1,30410%327,430$1,389
Self Education expenses4%20$2,9554%134,315$2,007
Total Deductions71%395$3,31181%2,571,550$3,172
Taxation
Taxable Income98%550$38,30799%3,153,015$53,260
Medicare Levy 59%330$84270%2,215,495$1,022
Medicare Surcharge 2%10$1,0201%39,620$1,213
Gross Tax 71%400$9,20880%2,542,775$13,802
Net Tax 62%345$10,56273%2,332,460$15,400
Average Tax 100%560 $6,507100%3,173,515 $11,319
Gross Tax Rate 71%400 24%80%2,542,775 26%
Net Tax Rate 62%345 28%73%2,332,460 29%
Average Tax Rate 100%560 17%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.