7250 VS TAS TaxStats FY2013

Postcode 7250 includes Blackstone Heights, Blackstone Heights, East Launceston, East Launceston, Elphin, Elphin, Launceston, Launceston, Newstead, Newstead, Norwood, Norwood, Norwood Avenue Po, Prospect, Prospect, Prospect Vale, Ravenswood, Ravenswood, Riverside, Riverside, St Leonards, St Leonards, Summerhill, Summerhill, Travellers Rest, Travellers Rest, Trevallyn, Trevallyn, Waverley, Waverley, West Launceston, West Launceston in Tasmania, and is in the federal electorate of Bass.

7250 VS tas
TaxStats FY2013
%Ppl#Ppl7250
Avg
%Ppl#PplTAS
Avg
Total Individuals100%27,930100%267,040
Income
Salary or Wage 81%22,640$47,62879%211,320$46,454
Gross Interest55%15,245$1,71152%137,980$2,063
Unfranked Dividends8%2,150$5598%21,930$564
Franked Dividends28%7,875$4,51326%70,555$4,684
Dividend Franking Credit28%7,855$1,93926%70,290$2,013
Capital Gains4%1,075$9,2863%9,265$10,658
Termination Payouts1%345$13,0431%3,510$10,265
Tips/Directors Fees etc16%4,380$3,80316%42,705$2,930
Business Income8%2,280$19,8819%24,350$17,333
Foreign Income5%1,350$1,8325%12,280$1,188
Government payments10%2,840$5,54010%27,185$5,650
Government pensions7%1,945$8,9557%19,385$9,073
Total Income or Loss100%27,855$51,381100%266,230$48,318
Deducations
Charitable Gifts37%10,255$52735%93,445$416
Cost of Tax Affairs49%13,620$27050%132,480$372
Work Car expenses22%6,250$1,92823%60,745$1,946
Work Travel expenses8%2,285$1,3587%17,800$1,485
Self Education expenses4%985$1,6443%9,175$1,429
Total Deductions84%23,550$2,37182%220,140$2,276
Taxation
Taxable Income99%27,790$49,41399%265,595$46,447
Medicare Levy 71%19,900$92668%182,750$892
Medicare Surcharge 1%260$1,2331%2,585$1,294
Gross Tax 81%22,740$11,68779%212,075$10,781
Net Tax 74%20,730$12,99472%191,395$12,055
Average Tax 100%27,930 $9,644100%267,040 $8,640
Gross Tax Rate 81%22,740 24%79%212,075 23%
Net Tax Rate 74%20,730 26%72%191,395 26%
Average Tax Rate 100%27,930 20%100%267,040 19%
%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.