TaxStats for postcode 7303 FY2013

Postcode 7303 includes Birralee, Birralee, Cluan, Cluan, Exton, Exton, Oaks, Oaks, Osmaston, Osmaston, Westbury, Westbury, Whitemore, Whitemore in Tasmania, and is in the federal electorate of Lyons.

In FY 2013 the ATO recorded 1,395 individuals in postcode 7303. Of these people, 1,385 made a taxable income or loss. 1,065 of the population paid a gross amount of tax. After tax offsets, 940 people actually paid a net amount of tax. There were 445 non-taxable people who paid net tax of $0.

Compare TaxStats of 7303 with TAS

7303 TaxStats FY2013%Ppl#Ppl7303
Total Individuals100%1,395
Salary or Wage 76%1,055$44,518$46,966,728
Gross Interest48%675$1,749$1,180,368
Unfranked Dividends9%125$497$62,084
Franked Dividends25%350$3,085$1,079,693
Dividend Franking Credit25%350$1,320$462,051
Capital Gains4%60$9,434$566,047
Termination Payouts1%15$4,279$64,191
Tips/Directors Fees etc15%205$2,706$554,735
Business Income10%140$349$48,926
Foreign Income4%60$235$14,113
Government payments10%145$6,180$896,110
Government pensions7%95$9,978$947,876
Total Income or Loss100%1,395$44,729$62,397,103
Charitable Gifts28%385$547$210,506
Cost of Tax Affairs49%690$229$158,311
Work Car expenses20%280$2,091$585,576
Work Travel expenses5%75$1,438$107,867
Self Education expenses3%35$900$31,487
Total Deductions80%1,110$2,005$2,225,547
Taxable Income99%1,385$43,325$60,005,304
Medicare Levy 63%885$883$781,404
Medicare Surcharge 1%15$1,585$23,777
Gross Tax 76%1,065$10,398$11,073,771
Net Tax 67%940$11,616$10,919,075
Average Tax 100%1,395 $7,827$10,919,075
Gross Tax Rate 76%1,065 24%$11,073,771
Net Tax Rate 67%940 27%$10,919,075
Average Tax Rate 100%1,395 18%$10,919,075
%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 $43,325. It is estimated that the average taxable income for people who paid a net amount of tax was $58155.

The average net tax paid was $11,616. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 885 people for an average of $883. 15 people paid $1,585 on average more for the Medicare surcharge.

1,055 people earned a salary or wage and took home an average of $44,518 each.

Government allowance and payments were collected by 145 people for on average $6,180. 95 people received the pension or other allowance.

Charitable gifts and donations of an average of $547 were made by 385 people.

The costs of tax affairs for 690 people were claimed for $229 each.