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 Medicare tax rate is 2.9% for the employee and the employer. You will withhold 1.45% of an employee's wages and pay a matching amount for Medicare tax. There is no wage base for the Medicare portion of the FICA tax. Both the employer and the employee continue to pay Medicare tax, no matter how much is earned. The employer also must pay State and Federal Unemployment Taxes (SUTA and FUTA). The FUTA rate is 6.2 %, but you can take a credit of up to 5.4% for SUTA taxes that you pay. If you are eligible for the maximum credit your FUTA rate will be 0.8%. The wage base for FUTA is $7,000.