TaxStats for postcode 7140 FY2013

Postcode 7140 includes Black Hills, Black Hills, Boyer, Boyer, Bradys Lake, Bradys Lake, Bronte Park, Bronte Park, Bushy Park, Bushy Park, Butlers Gorge, Butlers Gorge, Dee, Dee, Derwent Bridge, Derwent Bridge, Ellendale, Ellendale, Fentonbury, Fentonbury, Fitzgerald, Fitzgerald, Florentine, Florentine, Glenfern, Glenfern, Glenora, Glenora, Gretna, Gretna, Hamilton, Hamilton, Hayes, Hayes, Hollow Tree, Hollow Tree, Karanja, Karanja, Lachlan, Lachlan, Lake St Clair, Lake St Clair, Lawitta, Lawitta, Little Pine Lagoon, Little Pine Lagoon, London Lakes, London Lakes, Macquarie Plains, Macquarie Plains, Magra, Magra, Malbina, Malbina, Maydena, Maydena, Meadowbank, Meadowbank, Molesworth, Molesworth, Moogara, Moogara, Mount Field, Mount Field, Mount Lloyd, Mount Lloyd, National Park, National Park, New Norfolk, New Norfolk, Osterley, Osterley, Ouse, Ouse, Plenty, Plenty, Rosegarland, Rosegarland, Sorell Creek, Sorell Creek, Strickland, Strickland, Styx, Styx, Tarraleah, Tarraleah, Tyenna, Tyenna, Uxbridge, Uxbridge, Victoria Valley, Victoria Valley, Wayatinah, Wayatinah, Westerway, Westerway in Tasmania, and is in the federal electorate of Lyons.

In FY 2013 the ATO recorded 5,100 individuals in postcode 7140. Of these people, 5,060 made a taxable income or loss. 3,990 of the population paid a gross amount of tax. After tax offsets, 3,585 people actually paid a net amount of tax. There were 1,475 non-taxable people who paid net tax of $0.

Compare TaxStats of 7140 with TAS

7140 TaxStats FY2013%Ppl#Ppl7140
Total Individuals100%5,100
Salary or Wage 82%4,185$42,373$177,332,563
Gross Interest40%2,020$1,557$3,144,809
Unfranked Dividends5%240$324$77,726
Franked Dividends23%1,175$1,806$2,121,785
Dividend Franking Credit23%1,175$772$907,088
Capital Gains2%110$10,588$1,164,715
Termination Payouts1%65$10,030$651,982
Tips/Directors Fees etc20%995$2,469$2,456,611
Business Income9%440$8,764$3,855,947
Foreign Income2%125$1,207$150,850
Government payments13%660$5,877$3,878,847
Government pensions7%355$9,988$3,545,774
Total Income or Loss100%5,085$42,018$213,660,349
Charitable Gifts37%1,895$173$328,147
Cost of Tax Affairs55%2,820$189$532,491
Work Car expenses29%1,470$1,952$2,869,743
Work Travel expenses6%285$1,696$483,254
Self Education expenses3%150$1,313$196,936
Total Deductions84%4,305$1,984$8,539,509
Taxable Income99%5,060$40,425$204,549,031
Medicare Levy 66%3,390$775$2,627,789
Medicare Surcharge 1%45$1,212$54,560
Gross Tax 78%3,990$8,172$32,607,373
Net Tax 70%3,585$9,084$32,565,413
Average Tax 100%5,100 $6,385$32,565,413
Gross Tax Rate 78%3,990 20%$32,607,373
Net Tax Rate 70%3,585 22%$32,565,413
Average Tax Rate 100%5,100 16%$32,565,413
%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 $40,425. It is estimated that the average taxable income for people who paid a net amount of tax was $52120.

The average net tax paid was $9,084. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 3,390 people for an average of $775. 45 people paid $1,212 on average more for the Medicare surcharge.

4,185 people earned a salary or wage and took home an average of $42,373 each.

Government allowance and payments were collected by 660 people for on average $5,877. 355 people received the pension or other allowance.

Charitable gifts and donations of an average of $173 were made by 1,895 people.

The costs of tax affairs for 2,820 people were claimed for $189 each.