TaxStats for postcode 7270 FY2013

Postcode 7270 includes Badger Head, Badger Head, Beaconsfield, Beaconsfield, Beauty Point, Beauty Point, Clarence Point, Clarence Point, Flowery Gully, Flowery Gully, Greens Beach, Greens Beach, Ilfraville, Ilfraville, Kayena, Kayena, Kelso, Kelso, Rowella, Rowella, Sidmouth, Sidmouth, York Town, York Town in Tasmania, and is in the federal electorate of Lyons.

In FY 2013 the ATO recorded 1,960 individuals in postcode 7270. Of these people, 1,950 made a taxable income or loss. 1,450 of the population paid a gross amount of tax. After tax offsets, 1,260 people actually paid a net amount of tax. There were 690 non-taxable people who paid net tax of $0.

Compare TaxStats of 7270 with TAS

7270 TaxStats FY2013%Ppl#Ppl7270
Total Individuals100%1,960
Salary or Wage 77%1,510$43,139$65,139,301
Gross Interest54%1,060$1,739$1,843,714
Unfranked Dividends6%120$457$54,852
Franked Dividends21%415$3,100$1,286,569
Dividend Franking Credit21%410$1,343$550,788
Capital Gains3%55$10,660$586,296
Termination Payouts2%40$17,819$712,762
Tips/Directors Fees etc15%295$2,196$647,836
Business Income8%165$9,457$1,560,443
Foreign Income3%65$563$36,599
Government payments14%280$5,571$1,559,777
Government pensions9%170$9,912$1,685,070
Total Income or Loss100%1,955$43,197$84,450,363
Charitable Gifts27%535$226$120,921
Cost of Tax Affairs49%960$243$232,889
Work Car expenses22%425$1,859$790,070
Work Travel expenses6%125$1,758$219,776
Self Education expenses2%40$1,137$45,464
Total Deductions79%1,545$1,913$2,955,571
Taxable Income99%1,950$41,700$81,314,707
Medicare Levy 61%1,190$864$1,028,527
Medicare Surcharge 1%15$1,383$20,742
Gross Tax 74%1,450$9,935$14,406,102
Net Tax 64%1,260$11,110$13,998,063
Average Tax 100%1,960 $7,142$13,998,063
Gross Tax Rate 74%1,450 24%$14,406,102
Net Tax Rate 64%1,260 27%$13,998,063
Average Tax Rate 100%1,960 17%$13,998,063
%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 $41,700. It is estimated that the average taxable income for people who paid a net amount of tax was $57964.

The average net tax paid was $11,110. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 1,190 people for an average of $864. 15 people paid $1,383 on average more for the Medicare surcharge.

1,510 people earned a salary or wage and took home an average of $43,139 each.

Government allowance and payments were collected by 280 people for on average $5,571. 170 people received the pension or other allowance.

Charitable gifts and donations of an average of $226 were made by 535 people.

The costs of tax affairs for 960 people were claimed for $243 each.