3741 VS VIC TaxStats FY2013

Postcode 3741 includes Bright, Freeburgh, Germantown, Harrietville, Hotham Heights, Mount Hotham, Smoko in Victoria, and is in the federal electorate of Indi.

3741 VS vic
TaxStats FY2013
%Ppl#Ppl3741
Avg
%Ppl#PplVIC
Avg
Total Individuals100%1,845100%3,173,515
Income
Salary or Wage 67%1,240$38,78079%2,505,685$52,564
Gross Interest60%1,105$2,22057%1,809,890$2,083
Unfranked Dividends13%245$1,05610%308,960$778
Franked Dividends26%475$4,09223%738,985$7,146
Dividend Franking Credit26%475$1,75523%736,700$3,067
Capital Gains5%100$11,3214%132,920$19,666
Termination Payouts1%15$17,4312%60,565$14,313
Tips/Directors Fees etc16%300$2,83019%590,595$3,685
Business Income12%220$14,36810%302,500$21,832
Foreign Income5%95$5525%161,335$1,563
Government payments9%160$5,4617%223,345$5,314
Government pensions9%170$8,6955%160,790$9,397
Total Income or Loss99%1,835$39,791100%3,159,320$55,828
Deducations
Charitable Gifts27%495$31839%1,232,200$488
Cost of Tax Affairs42%780$31550%1,573,340$366
Work Car expenses20%375$2,33227%860,910$2,674
Work Travel expenses9%160$1,71210%327,430$1,389
Self Education expenses3%60$2,1294%134,315$2,007
Total Deductions72%1,320$2,43381%2,571,550$3,172
Taxation
Taxable Income99%1,825$38,06499%3,153,015$53,260
Medicare Levy 57%1,050$81470%2,215,495$1,022
Medicare Surcharge 1%15$1,4201%39,620$1,213
Gross Tax 70%1,295$8,86880%2,542,775$13,802
Net Tax 60%1,100$10,13673%2,332,460$15,400
Average Tax 100%1,845 $6,043100%3,173,515 $11,319
Gross Tax Rate 70%1,295 23%80%2,542,775 26%
Net Tax Rate 60%1,100 27%73%2,332,460 29%
Average Tax Rate 100%1,845 16%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.