TaxStats for postcode 7256 FY2013

Postcode 7256 includes Bungaree, Currie, Egg Lagoon, Grassy, Loorana, Lymwood, Naracoopa, Nugara, Pearshape, Pegarah, Reekara, Sea Elephant, Surprise Bay, Wickham, Yambacoona, Yarra Creek in Tasmania, and is in the federal electorate of Braddon.

In FY 2013 the ATO recorded 960 individuals in postcode 7256. Of these people, 950 made a taxable income or loss. 755 of the population paid a gross amount of tax. After tax offsets, 665 people actually paid a net amount of tax. There were 285 non-taxable people who paid net tax of $0.

Compare TaxStats of 7256 with TAS

7256 TaxStats FY2013%Ppl#Ppl7256
Avg
7256
Total
Total Individuals100%960
Income
Salary or Wage 69%660$41,603$27,457,668
Gross Interest62%600$2,459$1,475,252
Unfranked Dividends12%120$412$49,497
Franked Dividends26%250$5,533$1,383,282
Dividend Franking Credit26%250$2,370$592,608
Capital Gains3%30$7,520$225,603
Termination Payouts3%30$16,659$499,757
Tips/Directors Fees etc12%120$5,141$616,899
Business Income19%180$10,195$1,835,015
Foreign Income5%50$881$44,049
Government payments6%55$5,361$294,830
Government pensions6%60$11,353$681,168
Total Income or Loss99%955$43,396$41,443,620
Deducations
Charitable Gifts20%195$350$68,330
Cost of Tax Affairs45%430$270$116,275
Work Car expenses9%85$2,378$202,171
Work Travel expenses3%25$1,368$34,204
Self Education expenses2%15$1,422$21,335
Total Deductions75%720$1,930$1,389,424
Taxation
Taxable Income99%950$41,874$39,780,358
Medicare Levy 68%655$811$531,113
Medicare Surcharge 1%10$1,148$11,482
Gross Tax 79%755$9,129$6,892,027
Net Tax 69%665$9,129$6,070,547
Average Tax 100%960 $6,323$6,070,547
Gross Tax Rate 79%755 22%$6,892,027
Net Tax Rate 69%665 22%$6,070,547
Average Tax Rate 100%960 15%$6,070,547
%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 $41,874. It is estimated that the average taxable income for people who paid a net amount of tax was $54677.

The average net tax paid was $9,129. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 655 people for an average of $811. 10 people paid $1,148 on average more for the Medicare surcharge.

660 people earned a salary or wage and took home an average of $41,603 each.

Government allowance and payments were collected by 55 people for on average $5,361. 60 people received the pension or other allowance.

Charitable gifts and donations of an average of $350 were made by 195 people.

The costs of tax affairs for 430 people were claimed for $270 each.