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 | #Ppl | 7000 Avg | 7000 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 8,430 | ||
| Income | ||||
| Salary or Wage | 81% | 6,815 | $52,678 | $359,000,264 |
| Gross Interest | 60% | 5,100 | $1,815 | $9,256,141 |
| Unfranked Dividends | 9% | 765 | $630 | $482,054 |
| Franked Dividends | 29% | 2,425 | $5,804 | $14,073,927 |
| Dividend Franking Credit | 29% | 2,415 | $2,495 | $6,024,807 |
| Capital Gains | 5% | 380 | $10,786 | $4,098,635 |
| Termination Payouts | 1% | 105 | $14,972 | $1,572,016 |
| Tips/Directors Fees etc | 13% | 1,080 | $4,695 | $5,070,971 |
| Business Income | 12% | 975 | $25,365 | $24,730,860 |
| Foreign Income | 7% | 550 | $1,853 | $1,018,898 |
| Government payments | 10% | 855 | $5,806 | $4,963,844 |
| Government pensions | 4% | 370 | $8,089 | $2,992,970 |
| Total Income or Loss | 100% | 8,410 | $56,703 | $476,875,603 |
| Deducations | ||||
| Charitable Gifts | 43% | 3,620 | $531 | $1,921,613 |
| Cost of Tax Affairs | 45% | 3,805 | $287 | $1,091,677 |
| Work Car expenses | 19% | 1,590 | $1,771 | $2,816,514 |
| Work Travel expenses | 10% | 810 | $1,299 | $1,052,440 |
| Self Education expenses | 5% | 425 | $1,771 | $752,492 |
| Total Deductions | 82% | 6,875 | $2,581 | $17,747,454 |
| Taxation | ||||
| Taxable Income | 100% | 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.