TaxStats for postcode 7214 FY2013

Postcode 7214 includes Fingal, Fingal, Mangana, Mangana, Mathinna, Mathinna, Upper Esk in Tasmania, and is in the federal electorate of Lyons.

In FY 2013 the ATO recorded 235 individuals in postcode 7214. Of these people, 230 made a taxable income or loss. 175 of the population paid a gross amount of tax. After tax offsets, 150 people actually paid a net amount of tax. There were 80 non-taxable people who paid net tax of $0.

Compare TaxStats of 7214 with TAS

7214 TaxStats FY2013%Ppl#Ppl7214
Total Individuals100%235
Salary or Wage 79%185$44,443$8,221,997
Gross Interest51%120$2,021$242,463
Unfranked Dividends6%15$121$1,810
Franked Dividends19%45$2,396$107,829
Dividend Franking Credit19%45$1,027$46,201
Capital Gains2%5$5,293$26,466
Termination Payouts2%5$3,034$15,169
Tips/Directors Fees etc15%35$1,795$62,822
Business Income11%25$7,197$179,937
Foreign Income4%10$362$3,620
Government payments19%45$6,976$313,910
Government pensions11%25$9,459$236,472
Total Income or Loss100%235$44,494$10,456,103
Charitable Gifts26%60$237$14,202
Cost of Tax Affairs64%150$204$30,583
Work Car expenses23%55$1,621$89,164
Work Travel expenses4%10$2,523$25,227
Self Education expenses4%10$975$9,748
Total Deductions81%190$1,877$356,677
Taxable Income98%230$43,403$9,982,699
Medicare Levy 60%140$870$121,855
Medicare Surcharge 2%5$931$4,657
Gross Tax 74%175$9,768$1,709,391
Net Tax 64%150$11,085$1,662,744
Average Tax 100%235 $7,076$1,662,744
Gross Tax Rate 74%175 23%$1,709,391
Net Tax Rate 64%150 26%$1,662,744
Average Tax Rate 100%235 16%$1,662,744
%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 $43,403. It is estimated that the average taxable income for people who paid a net amount of tax was $60151.

The average net tax paid was $11,085. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 140 people for an average of $870. 5 people paid $931 on average more for the Medicare surcharge.

185 people earned a salary or wage and took home an average of $44,443 each.

Government allowance and payments were collected by 45 people for on average $6,976. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $237 were made by 60 people.

The costs of tax affairs for 150 people were claimed for $204 each.