TaxStats for postcode 7000 FY2013

Postcode 7000 includes Glebe, Hobart, Hobart, Mount Stuart, North Hobart, Queens Domain, West Hobart in Tasmania, and is in the federal electorate of Denison.

In FY 2013 the ATO recorded 8,430 individuals in postcode 7000. Of these people, 8,395 made a taxable income or loss. 6,875 of the population paid a gross amount of tax. After tax offsets, 6,355 people actually paid a net amount of tax. There were 2,040 non-taxable people who paid net tax of $0.

Compare TaxStats of 7000 with TAS

7000 TaxStats FY2013%Ppl#Ppl7000
Total Individuals100%8,430
Salary or Wage 81%6,815$52,678$359,000,264
Gross Interest60%5,100$1,815$9,256,141
Unfranked Dividends9%765$630$482,054
Franked Dividends29%2,425$5,804$14,073,927
Dividend Franking Credit29%2,415$2,495$6,024,807
Capital Gains5%380$10,786$4,098,635
Termination Payouts1%105$14,972$1,572,016
Tips/Directors Fees etc13%1,080$4,695$5,070,971
Business Income12%975$25,365$24,730,860
Foreign Income7%550$1,853$1,018,898
Government payments10%855$5,806$4,963,844
Government pensions4%370$8,089$2,992,970
Total Income or Loss100%8,410$56,703$476,875,603
Charitable Gifts43%3,620$531$1,921,613
Cost of Tax Affairs45%3,805$287$1,091,677
Work Car expenses19%1,590$1,771$2,816,514
Work Travel expenses10%810$1,299$1,052,440
Self Education expenses5%425$1,771$752,492
Total Deductions82%6,875$2,581$17,747,454
Taxable Income100%8,395$54,618$458,519,562
Medicare Levy 73%6,160$1,018$6,270,616
Medicare Surcharge 2%135$1,056$142,505
Gross Tax 82%6,875$13,851$95,222,487
Net Tax 75%6,355$15,278$97,089,013
Average Tax 100%8,430 $11,517$97,089,013
Gross Tax Rate 82%6,875 25%$95,222,487
Net Tax Rate 75%6,355 28%$97,089,013
Average Tax Rate 100%8,430 21%$97,089,013
%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 $54,618. It is estimated that the average taxable income for people who paid a net amount of tax was $68299.

The average net tax paid was $15,278. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 6,160 people for an average of $1,018. 135 people paid $1,056 on average more for the Medicare surcharge.

6,815 people earned a salary or wage and took home an average of $52,678 each.

Government allowance and payments were collected by 855 people for on average $5,806. 370 people received the pension or other allowance.

Charitable gifts and donations of an average of $531 were made by 3,620 people.

The costs of tax affairs for 3,805 people were claimed for $287 each.