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 payroll taxes withheld from your wages are not deductible, either from federal or any state income tax. For the year 2012, the Social Security payroll tax rate stood at 4.2 percent for employees, and 6.2 percent for employers. If you are self-employed, you pay both employee and employer shares through self-employment taxes, which you calculate using Form 1040, Schedule SE. The money funds the Social Security trust account, which is used to pay retirement and disability benefits to qualified applicants.