Best Answer: Blood is circulated in the body on a pressure system. The Blood leaving the heart is at the highest pressure the systolic pressure (120 mmHg). This blood is oxygen rich blood and is sent to the body through arteries. As it circulates throughout the body it loses pressure, and when it reaches the capillaries, the oxygen is taken up by the various organs and is returned to the heart by the veins (oxygen poor blood is in veins).
Payroll Tax Rate in Victoria. â for the 2014-15 and 2015-16 financial years is 4.85% of taxable wages. â for the 2013-14 financial year (applicable since 1 July 2010) is 4.9% of taxable wages. Historical payroll tax rates are listed here. Payroll Tax Threshold in Victoria. The payroll tax annual threshold is $550,000. This amount is deducted from annual wages to determine the actual payroll tax liability for the year. This calculated liability is then compared to the total of monthly returns, resulting in either a balance to pay, or a refund due.
The law requires that payroll taxes must be withheld from an employee's paycheck. Employers must then transmit these withholdings to various tax agencies. Payroll tax deductions include the following: