TaxStats for postcode 7171 FY2013

Postcode 7171 includes Midway Point, Penna in Tasmania, and is in the federal electorate of Lyons.

In FY 2013 the ATO recorded 1,640 individuals in postcode 7171. Of these people, 1,630 made a taxable income or loss. 1,365 of the population paid a gross amount of tax. After tax offsets, 1,250 people actually paid a net amount of tax. There were 380 non-taxable people who paid net tax of $0.

Compare TaxStats of 7171 with TAS

7171 TaxStats FY2013%Ppl#Ppl7171
Total Individuals100%1,640
Salary or Wage 84%1,370$45,465$62,286,413
Gross Interest45%745$1,370$1,020,661
Unfranked Dividends5%85$157$13,374
Franked Dividends24%390$1,041$405,907
Dividend Franking Credit24%390$445$173,480
Capital Gains2%30$7,761$232,838
Termination Payouts2%25$8,417$210,429
Tips/Directors Fees etc18%300$2,107$632,087
Business Income8%125$15,445$1,930,683
Foreign Income3%45$866$38,973
Government payments10%165$5,090$839,822
Government pensions8%130$8,787$1,142,275
Total Income or Loss100%1,635$44,918$73,440,512
Charitable Gifts40%660$213$140,318
Cost of Tax Affairs51%835$161$134,790
Work Car expenses27%435$1,873$814,764
Work Travel expenses6%105$1,501$157,581
Self Education expenses4%70$1,282$89,740
Total Deductions85%1,390$1,813$2,519,571
Taxable Income99%1,630$43,433$70,795,140
Medicare Levy 73%1,190$784$932,959
Medicare Surcharge 1%10$1,248$12,481
Gross Tax 83%1,365$8,366$11,419,776
Net Tax 76%1,250$9,299$11,624,203
Average Tax 100%1,640 $7,088$11,624,203
Gross Tax Rate 83%1,365 19%$11,419,776
Net Tax Rate 76%1,250 21%$11,624,203
Average Tax Rate 100%1,640 16%$11,624,203
%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 $43,433. It is estimated that the average taxable income for people who paid a net amount of tax was $52988.

The average net tax paid was $9,299. This equates to an average tax of 21 cents in the dollar on taxable income.

The Medicare levy was paid by 1,190 people for an average of $784. 10 people paid $1,248 on average more for the Medicare surcharge.

1,370 people earned a salary or wage and took home an average of $45,465 each.

Government allowance and payments were collected by 165 people for on average $5,090. 130 people received the pension or other allowance.

Charitable gifts and donations of an average of $213 were made by 660 people.

The costs of tax affairs for 835 people were claimed for $161 each.