TaxStats for postcode 7172 FY2013

Postcode 7172 includes Nugent, Orielton, Pawleena, Sorell, Wattle Hill in Tasmania, and is in the federal electorate of Lyons.

In FY 2013 the ATO recorded 1,755 individuals in postcode 7172. Of these people, 1,740 made a taxable income or loss. 1,415 of the population paid a gross amount of tax. After tax offsets, 1,280 people actually paid a net amount of tax. There were 460 non-taxable people who paid net tax of $0.

Compare TaxStats of 7172 with TAS

7172 TaxStats FY2013%Ppl#Ppl7172
Avg
7172
Total
Total Individuals100%1,755
Income
Salary or Wage 80%1,400$44,818$62,744,686
Gross Interest43%755$1,698$1,281,881
Unfranked Dividends7%115$2,544$292,587
Franked Dividends24%415$3,208$1,331,256
Dividend Franking Credit24%415$1,373$569,598
Capital Gains3%50$7,845$392,267
Termination Payouts1%20$17,211$344,211
Tips/Directors Fees etc18%320$2,184$698,721
Business Income10%175$4,393$768,770
Foreign Income3%50$1,226$61,283
Government payments8%145$4,970$720,606
Government pensions8%140$8,602$1,204,245
Total Income or Loss100%1,750$44,239$77,418,024
Deducations
Charitable Gifts32%570$238$135,525
Cost of Tax Affairs51%890$182$162,267
Work Car expenses27%470$2,060$968,406
Work Travel expenses7%115$1,498$172,277
Self Education expenses4%65$1,249$81,212
Total Deductions81%1,425$2,226$3,171,908
Taxation
Taxable Income99%1,740$42,571$74,073,834
Medicare Levy 70%1,220$788$961,435
Medicare Surcharge 1%10$1,112$11,117
Gross Tax 81%1,415$8,605$12,176,325
Net Tax 73%1,280$9,517$12,181,510
Average Tax 100%1,755 $6,941$12,181,510
Gross Tax Rate 81%1,415 20%$12,176,325
Net Tax Rate 73%1,280 22%$12,181,510
Average Tax Rate 100%1,755 16%$12,181,510
%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 $42,571. It is estimated that the average taxable income for people who paid a net amount of tax was $53558.

The average net tax paid was $9,517. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 1,220 people for an average of $788. 10 people paid $1,112 on average more for the Medicare surcharge.

1,400 people earned a salary or wage and took home an average of $44,818 each.

Government allowance and payments were collected by 145 people for on average $4,970. 140 people received the pension or other allowance.

Charitable gifts and donations of an average of $238 were made by 570 people.

The costs of tax affairs for 890 people were claimed for $182 each.