TaxStats for postcode 7301 FY2013

Postcode 7301 includes Bishopsbourne, Bishopsbourne, Blackwood Creek, Blackwood Creek, Liffey, Liffey, Longford, Longford, Toiberry, Toiberry in Tasmania, and is in the federal electorate of Lyons.

In FY 2013 the ATO recorded 2,270 individuals in postcode 7301. Of these people, 2,250 made a taxable income or loss. 1,790 of the population paid a gross amount of tax. After tax offsets, 1,590 people actually paid a net amount of tax. There were 660 non-taxable people who paid net tax of $0.

Compare TaxStats of 7301 with TAS

7301 TaxStats FY2013%Ppl#Ppl7301
Total Individuals100%2,270
Salary or Wage 77%1,750$42,537$74,439,640
Gross Interest55%1,240$1,752$2,172,933
Unfranked Dividends9%200$413$82,566
Franked Dividends26%595$4,155$2,471,930
Dividend Franking Credit26%595$1,776$1,056,501
Capital Gains4%80$13,994$1,119,521
Termination Payouts1%20$11,801$236,021
Tips/Directors Fees etc15%350$4,036$1,412,545
Business Income10%230$13,397$3,081,377
Foreign Income5%115$766$88,104
Government payments10%225$5,548$1,248,215
Government pensions8%185$9,138$1,690,516
Total Income or Loss100%2,265$45,600$103,283,252
Charitable Gifts32%725$674$488,662
Cost of Tax Affairs53%1,200$282$338,220
Work Car expenses19%435$2,083$906,098
Work Travel expenses5%115$1,583$182,095
Self Education expenses3%65$971$63,118
Total Deductions82%1,860$2,157$4,012,824
Taxable Income99%2,250$43,875$98,718,691
Medicare Levy 67%1,520$852$1,295,193
Medicare Surcharge 1%20$1,464$29,272
Gross Tax 79%1,790$9,816$17,570,765
Net Tax 70%1,590$11,141$17,714,291
Average Tax 100%2,270 $7,804$17,714,291
Gross Tax Rate 79%1,790 22%$17,570,765
Net Tax Rate 70%1,590 25%$17,714,291
Average Tax Rate 100%2,270 18%$17,714,291
%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 $43,875. It is estimated that the average taxable income for people who paid a net amount of tax was $57106.

The average net tax paid was $11,141. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 1,520 people for an average of $852. 20 people paid $1,464 on average more for the Medicare surcharge.

1,750 people earned a salary or wage and took home an average of $42,537 each.

Government allowance and payments were collected by 225 people for on average $5,548. 185 people received the pension or other allowance.

Charitable gifts and donations of an average of $674 were made by 725 people.

The costs of tax affairs for 1,200 people were claimed for $282 each.