TaxStats for Victoria FY2013
In FY 2013 the ATO recorded 3,173,515 individuals in Victoria. Of these people, 3,153,015 made a taxable income or loss. 2,542,775 of the population paid a gross amount of tax. After tax offsets, 2,332,460 people actually paid a net amount of tax. There were 820,555 non-taxable people who paid net tax of $0.
| VIC TaxStats FY2013 | %Ppl | #Ppl | VIC Avg | VIC Total |
|---|---|---|---|---|
| Total Individuals | 100% | 3,173,515 | ||
| Income | ||||
| Salary or Wage | 79% | 2,505,685 | $52,564 | $131,708,632,397 |
| Gross Interest | 57% | 1,809,890 | $2,083 | $3,770,476,950 |
| Unfranked Dividends | 10% | 308,960 | $778 | $240,324,798 |
| Franked Dividends | 23% | 738,985 | $7,146 | $5,281,131,660 |
| Dividend Franking Credit | 23% | 736,700 | $3,067 | $2,259,176,626 |
| Capital Gains | 4% | 132,920 | $19,666 | $2,613,982,377 |
| Termination Payouts | 2% | 60,565 | $14,313 | $866,861,904 |
| Tips/Directors Fees etc | 19% | 590,595 | $3,685 | $2,176,494,982 |
| Business Income | 10% | 302,500 | $21,832 | $6,604,071,923 |
| Foreign Income | 5% | 161,335 | $1,563 | $252,124,677 |
| Government payments | 7% | 223,345 | $5,314 | $1,186,831,967 |
| Government pensions | 5% | 160,790 | $9,397 | $1,510,931,812 |
| Total Income or Loss | 100% | 3,159,320 | $55,828 | $176,378,198,410 |
| Deducations | ||||
| Charitable Gifts | 39% | 1,232,200 | $488 | $601,755,732 |
| Cost of Tax Affairs | 50% | 1,573,340 | $366 | $575,470,166 |
| Work Car expenses | 27% | 860,910 | $2,674 | $2,301,694,770 |
| Work Travel expenses | 10% | 327,430 | $1,389 | $454,873,999 |
| Self Education expenses | 4% | 134,315 | $2,007 | $269,602,330 |
| Total Deductions | 81% | 2,571,550 | $3,172 | $8,155,912,505 |
| Taxation | ||||
| Taxable Income | 99% | 3,153,015 | $53,260 | $167,929,678,083 |
| Medicare Levy | 70% | 2,215,495 | $1,022 | $2,263,910,541 |
| Medicare Surcharge | 1% | 39,620 | $1,213 | $48,047,770 |
| Gross Tax | 80% | 2,542,775 | $13,802 | $35,096,295,727 |
| Net Tax | 73% | 2,332,460 | $15,400 | $35,919,826,153 |
| Average Tax | 100% | 3,173,515 | $11,319 | $35,919,826,153 |
| Gross Tax Rate | 80% | 2,542,775 | 26% | $35,096,295,727 |
| Net Tax Rate | 73% | 2,332,460 | 29% | $35,919,826,153 |
| Average Tax Rate | 100% | 3,173,515 | 21% | $35,919,826,153 |
| %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. | ||||
| *This table was created by aggregating 2013 ATO individual data by postcodes in VIC. |
The average taxable income was $53,260. It is estimated that the average taxable income for people who paid a net amount of tax was $67775.
The average net tax paid was $15,400. This equates to an average tax of 29 cents in the dollar on taxable income.
The Medicare levy was paid by 2,215,495 people for an average of $1,022. 39,620 people paid $1,213 on average more for the Medicare surcharge.
2,505,685 people earned a salary or wage and took home an average of $52,564 each.
Government allowance and payments were collected by 223,345 people for on average $5,314. 160,790 people received the pension or other allowance.
Charitable gifts and donations of an average of $488 were made by 1,232,200 people.
The costs of tax affairs for 1,573,340 people were claimed for $366 each.