TaxStats for postcode 7277 FY2013

Postcode 7277 includes Bridgenorth, Bridgenorth, Grindelwald, Grindelwald, Legana, Legana, Rosevears, Rosevears in Tasmania, and is in the federal electorate of Bass.

In FY 2013 the ATO recorded 2,990 individuals in postcode 7277. Of these people, 2,970 made a taxable income or loss. 2,325 of the population paid a gross amount of tax. After tax offsets, 2,110 people actually paid a net amount of tax. There were 860 non-taxable people who paid net tax of $0.

Compare TaxStats of 7277 with TAS

7277 TaxStats FY2013%Ppl#Ppl7277
Total Individuals100%2,990
Salary or Wage 76%2,265$48,516$109,889,205
Gross Interest58%1,745$1,504$2,624,557
Unfranked Dividends8%230$376$86,573
Franked Dividends29%860$3,101$2,666,990
Dividend Franking Credit29%860$1,328$1,142,306
Capital Gains4%120$8,119$974,254
Termination Payouts1%25$18,445$461,129
Tips/Directors Fees etc15%460$3,533$1,625,087
Business Income10%290$14,303$4,147,827
Foreign Income4%130$1,545$200,886
Government payments7%200$4,967$993,361
Government pensions8%235$8,637$2,029,701
Total Income or Loss99%2,975$47,804$142,217,799
Charitable Gifts33%980$417$408,537
Cost of Tax Affairs48%1,425$312$444,265
Work Car expenses20%605$2,103$1,272,162
Work Travel expenses7%220$1,108$243,695
Self Education expenses3%100$1,390$139,023
Total Deductions82%2,445$2,169$5,303,453
Taxable Income99%2,970$46,006$136,638,947
Medicare Levy 68%2,030$895$1,817,371
Medicare Surcharge 1%20$1,249$24,988
Gross Tax 78%2,325$10,802$25,114,822
Net Tax 71%2,110$11,986$25,289,723
Average Tax 100%2,990 $8,458$25,289,723
Gross Tax Rate 78%2,325 23%$25,114,822
Net Tax Rate 71%2,110 26%$25,289,723
Average Tax Rate 100%2,990 18%$25,289,723
%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 $46,006. It is estimated that the average taxable income for people who paid a net amount of tax was $59867.

The average net tax paid was $11,986. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 2,030 people for an average of $895. 20 people paid $1,249 on average more for the Medicare surcharge.

2,265 people earned a salary or wage and took home an average of $48,516 each.

Government allowance and payments were collected by 200 people for on average $4,967. 235 people received the pension or other allowance.

Charitable gifts and donations of an average of $417 were made by 980 people.

The costs of tax affairs for 1,425 people were claimed for $312 each.