TaxStats for postcode 7212 FY2013

Postcode 7212 includes Ben Lomond, Blessington, Burns Creek, Deddington, Evandale, Nile, Upper Blessington, Western Junction in Tasmania, and is in the federal electorate of Lyons.

In FY 2013 the ATO recorded 1,035 individuals in postcode 7212. Of these people, 1,025 made a taxable income or loss. 825 of the population paid a gross amount of tax. After tax offsets, 740 people actually paid a net amount of tax. There were 285 non-taxable people who paid net tax of $0.

Compare TaxStats of 7212 with TAS

7212 TaxStats FY2013%Ppl#Ppl7212
Total Individuals100%1,035
Salary or Wage 77%795$44,795$35,612,043
Gross Interest55%565$2,629$1,485,666
Unfranked Dividends8%80$568$45,409
Franked Dividends29%295$6,819$2,011,608
Dividend Franking Credit29%295$2,923$862,371
Capital Gains5%50$6,315$315,772
Termination Payouts1%10$10,225$102,248
Tips/Directors Fees etc18%190$3,464$658,229
Business Income13%130$12,570$1,634,103
Foreign Income5%50$409$20,462
Government payments8%80$4,814$385,112
Government pensions6%60$8,996$539,774
Total Income or Loss99%1,025$49,196$50,425,947
Charitable Gifts33%345$344$118,706
Cost of Tax Affairs52%540$278$150,193
Work Car expenses22%230$2,100$483,061
Work Travel expenses8%85$1,655$140,712
Self Education expenses2%25$1,777$44,432
Total Deductions83%855$2,713$2,319,702
Taxable Income99%1,025$46,831$48,001,719
Medicare Levy 68%705$904$637,286
Medicare Surcharge 0%5$628$3,142
Gross Tax 80%825$11,178$9,221,798
Net Tax 71%740$12,424$9,193,715
Average Tax 100%1,035 $8,883$9,193,715
Gross Tax Rate 80%825 24%$9,221,798
Net Tax Rate 71%740 27%$9,193,715
Average Tax Rate 100%1,035 19%$9,193,715
%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 $46,831. It is estimated that the average taxable income for people who paid a net amount of tax was $60246.

The average net tax paid was $12,424. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 705 people for an average of $904. 5 people paid $628 on average more for the Medicare surcharge.

795 people earned a salary or wage and took home an average of $44,795 each.

Government allowance and payments were collected by 80 people for on average $4,814. 60 people received the pension or other allowance.

Charitable gifts and donations of an average of $344 were made by 345 people.

The costs of tax affairs for 540 people were claimed for $278 each.