TaxStats for postcode 7175 FY2013

Postcode 7175 includes Bream Creek, Marion Bay in Tasmania, and is in the federal electorate of Lyons.

In FY 2013 the ATO recorded 110 individuals in postcode 7175. Of these people, 110 made a taxable income or loss. 85 of the population paid a gross amount of tax. After tax offsets, 80 people actually paid a net amount of tax. There were 30 non-taxable people who paid net tax of $0.

Compare TaxStats of 7175 with TAS

7175 TaxStats FY2013%Ppl#Ppl7175
Total Individuals100%110
Salary or Wage 73%80$40,673$3,253,841
Gross Interest55%60$1,658$99,476
Unfranked Dividends9%10$195$1,950
Franked Dividends36%40$1,212$48,494
Dividend Franking Credit36%40$520$20,781
Capital Gains%0$$0
Termination Payouts5%5$20$102
Tips/Directors Fees etc18%20$2,458$49,164
Business Income23%25$5,738$143,449
Foreign Income5%5$71$356
Government payments9%10$4,954$49,540
Government pensions5%5$5,780$28,899
Total Income or Loss100%110$41,930$4,612,270
Charitable Gifts32%35$374$13,087
Cost of Tax Affairs45%50$370$18,518
Work Car expenses23%25$2,469$61,715
Work Travel expenses9%10$1,978$19,781
Self Education expenses5%5$20$100
Total Deductions73%80$3,200$255,972
Taxable Income100%110$39,480$4,342,786
Medicare Levy 68%75$747$55,988
Medicare Surcharge %0$$0
Gross Tax 77%85$7,817$664,460
Net Tax 73%80$8,364$669,156
Average Tax 100%110 $6,083$669,156
Gross Tax Rate 77%85 20%$664,460
Net Tax Rate 73%80 21%$669,156
Average Tax Rate 100%110 15%$669,156
%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 $39,480. It is estimated that the average taxable income for people who paid a net amount of tax was $49785.

The average net tax paid was $8,364. This equates to an average tax of 21 cents in the dollar on taxable income.

The Medicare levy was paid by 75 people for an average of $747.

80 people earned a salary or wage and took home an average of $40,673 each.

Government allowance and payments were collected by 10 people for on average $4,954. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $374 were made by 35 people.

The costs of tax affairs for 50 people were claimed for $370 each.