TaxStats for postcode 7470 FY2013

Postcode 7470 includes Rosebery, Rosebery in Tasmania, and is in the federal electorate of Braddon.

In FY 2013 the ATO recorded 400 individuals in postcode 7470. Of these people, 400 made a taxable income or loss. 335 of the population paid a gross amount of tax. After tax offsets, 310 people actually paid a net amount of tax. There were 90 non-taxable people who paid net tax of $0.

Compare TaxStats of 7470 with TAS

7470 TaxStats FY2013%Ppl#Ppl7470
Avg
7470
Total
Total Individuals100%400
Income
Salary or Wage 91%365$71,311$26,028,370
Gross Interest39%155$1,502$232,761
Unfranked Dividends14%55$147$8,110
Franked Dividends19%75$794$59,532
Dividend Franking Credit19%75$344$25,768
Capital Gains1%5$15,443$77,213
Termination Payouts1%5$42,497$212,484
Tips/Directors Fees etc12%50$5,773$288,663
Business Income4%15$5,275$79,119
Foreign Income2%10$380$3,805
Government payments11%45$5,362$241,271
Government pensions5%20$8,066$161,325
Total Income or Loss100%400$69,865$27,946,126
Deducations
Charitable Gifts35%140$194$27,205
Cost of Tax Affairs64%255$285$72,672
Work Car expenses28%110$2,092$230,173
Work Travel expenses4%15$2,147$32,207
Self Education expenses6%25$1,309$32,734
Total Deductions90%360$2,179$784,428
Taxation
Taxable Income100%400$67,894$27,157,422
Medicare Levy 75%300$1,259$377,715
Medicare Surcharge 4%15$1,505$22,573
Gross Tax 84%335$18,684$6,259,300
Net Tax 78%310$20,686$6,412,812
Average Tax 100%400 $16,032$6,412,812
Gross Tax Rate 84%335 28%$6,259,300
Net Tax Rate 78%310 30%$6,412,812
Average Tax Rate 100%400 24%$6,412,812
%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 $67,894. It is estimated that the average taxable income for people who paid a net amount of tax was $84121.

The average net tax paid was $20,686. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 300 people for an average of $1,259. 15 people paid $1,505 on average more for the Medicare surcharge.

365 people earned a salary or wage and took home an average of $71,311 each.

Government allowance and payments were collected by 45 people for on average $5,362. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $194 were made by 140 people.

The costs of tax affairs for 255 people were claimed for $285 each.