TaxStats for postcode 7305 FY2013

Postcode 7305 includes Merseylea, Railton, Sunnyside in Tasmania, and is in the federal electorate of Lyons.

In FY 2013 the ATO recorded 560 individuals in postcode 7305. Of these people, 555 made a taxable income or loss. 420 of the population paid a gross amount of tax. After tax offsets, 370 people actually paid a net amount of tax. There were 185 non-taxable people who paid net tax of $0.

Compare TaxStats of 7305 with TAS

7305 TaxStats FY2013%Ppl#Ppl7305
Total Individuals100%560
Salary or Wage 78%435$40,124$17,453,852
Gross Interest38%210$1,219$255,967
Unfranked Dividends5%30$89$2,683
Franked Dividends18%100$3,972$397,193
Dividend Franking Credit18%100$1,706$170,609
Capital Gains2%10$5,758$57,576
Termination Payouts3%15$3,068$46,017
Tips/Directors Fees etc24%135$1,818$245,468
Business Income9%50$14,406$720,301
Foreign Income2%10$205$2,052
Government payments18%100$5,969$596,884
Government pensions7%40$12,129$485,146
Total Income or Loss99%555$40,375$22,408,022
Charitable Gifts27%150$200$30,047
Cost of Tax Affairs56%315$181$56,966
Work Car expenses21%120$2,339$280,698
Work Travel expenses7%40$2,062$82,487
Self Education expenses3%15$2,327$34,912
Total Deductions80%450$1,834$825,395
Taxable Income99%555$38,886$21,581,806
Medicare Levy 63%355$778$276,111
Medicare Surcharge 1%5$1,863$9,314
Gross Tax 75%420$8,076$3,392,035
Net Tax 66%370$9,356$3,461,603
Average Tax 100%560 $6,181$3,461,603
Gross Tax Rate 75%420 21%$3,392,035
Net Tax Rate 66%370 24%$3,461,603
Average Tax Rate 100%560 16%$3,461,603
%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 $38,886. It is estimated that the average taxable income for people who paid a net amount of tax was $52329.

The average net tax paid was $9,356. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 355 people for an average of $778. 5 people paid $1,863 on average more for the Medicare surcharge.

435 people earned a salary or wage and took home an average of $40,124 each.

Government allowance and payments were collected by 100 people for on average $5,969. 40 people received the pension or other allowance.

Charitable gifts and donations of an average of $200 were made by 150 people.

The costs of tax affairs for 315 people were claimed for $181 each.