TaxStats for postcode 7012 FY2013

Postcode 7012 includes Collinsvale, Glenlusk in Tasmania, and is in the federal electorate of Denison.

In FY 2013 the ATO recorded 450 individuals in postcode 7012. Of these people, 445 made a taxable income or loss. 375 of the population paid a gross amount of tax. After tax offsets, 340 people actually paid a net amount of tax. There were 105 non-taxable people who paid net tax of $0.

Compare TaxStats of 7012 with TAS

7012 TaxStats FY2013%Ppl#Ppl7012
Total Individuals100%450
Salary or Wage 82%370$47,371$17,527,213
Gross Interest46%205$1,152$236,250
Unfranked Dividends8%35$158$5,517
Franked Dividends27%120$1,158$138,949
Dividend Franking Credit27%120$496$59,527
Capital Gains4%20$3,192$63,834
Termination Payouts1%5$1,564$7,819
Tips/Directors Fees etc16%70$2,397$167,789
Business Income12%55$11,159$613,742
Foreign Income2%10$857$8,572
Government payments8%35$5,066$177,306
Government pensions6%25$10,102$252,551
Total Income or Loss99%445$46,163$20,542,442
Charitable Gifts34%155$250$38,743
Cost of Tax Affairs57%255$208$53,051
Work Car expenses23%105$2,127$223,316
Work Travel expenses7%30$2,116$63,490
Self Education expenses6%25$1,198$29,961
Total Deductions84%380$2,269$862,202
Taxable Income99%445$44,094$19,622,021
Medicare Levy 72%325$815$265,003
Medicare Surcharge 1%5$521$2,604
Gross Tax 83%375$8,784$3,293,931
Net Tax 76%340$9,995$3,398,373
Average Tax 100%450 $7,552$3,398,373
Gross Tax Rate 83%375 20%$3,293,931
Net Tax Rate 76%340 23%$3,398,373
Average Tax Rate 100%450 17%$3,398,373
%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.

The average taxable income was $44,094. It is estimated that the average taxable income for people who paid a net amount of tax was $54006.

The average net tax paid was $9,995. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 325 people for an average of $815. 5 people paid $521 on average more for the Medicare surcharge.

370 people earned a salary or wage and took home an average of $47,371 each.

Government allowance and payments were collected by 35 people for on average $5,066. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $250 were made by 155 people.

The costs of tax affairs for 255 people were claimed for $208 each.