TaxStats for postcode 7010 FY2013

Postcode 7010 includes Dowsing Point, Elwick, Glenorchy, Goodwood, Montrose, Rosetta in Tasmania, and is in the federal electorate of Denison.

In FY 2013 the ATO recorded 7,465 individuals in postcode 7010. Of these people, 7,450 made a taxable income or loss. 6,080 of the population paid a gross amount of tax. After tax offsets, 5,415 people actually paid a net amount of tax. There were 2,035 non-taxable people who paid net tax of $0.

Compare TaxStats of 7010 with TAS

7010 TaxStats FY2013%Ppl#Ppl7010
Total Individuals100%7,465
Salary or Wage 83%6,185$41,925$259,306,177
Gross Interest44%3,255$11,094$36,109,805
Unfranked Dividends6%460$301$138,645
Franked Dividends24%1,775$1,991$3,534,641
Dividend Franking Credit24%1,765$858$1,514,798
Capital Gains2%155$8,711$1,350,269
Termination Payouts1%110$8,019$882,049
Tips/Directors Fees etc16%1,160$1,958$2,270,997
Business Income7%550$16,084$8,845,985
Foreign Income3%195$962$187,540
Government payments13%945$5,597$5,289,625
Government pensions9%690$9,602$6,625,247
Total Income or Loss100%7,455$46,547$347,011,432
Charitable Gifts38%2,835$213$605,120
Cost of Tax Affairs50%3,760$3,366$12,654,515
Work Car expenses23%1,720$1,703$2,928,747
Work Travel expenses6%440$1,333$586,684
Self Education expenses4%285$979$278,878
Total Deductions84%6,285$3,569$22,432,438
Taxable Income100%7,450$43,530$324,299,577
Medicare Levy 68%5,100$817$4,166,481
Medicare Surcharge 0%35$9,730$340,543
Gross Tax 81%6,080$9,256$56,273,769
Net Tax 73%5,415$10,484$56,768,282
Average Tax 100%7,465 $7,605$56,768,282
Gross Tax Rate 81%6,080 21%$56,273,769
Net Tax Rate 73%5,415 24%$56,768,282
Average Tax Rate 100%7,465 17%$56,768,282
%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 $43,530. It is estimated that the average taxable income for people who paid a net amount of tax was $55379.

The average net tax paid was $10,484. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 5,100 people for an average of $817. 35 people paid $9,730 on average more for the Medicare surcharge.

6,185 people earned a salary or wage and took home an average of $41,925 each.

Government allowance and payments were collected by 945 people for on average $5,597. 690 people received the pension or other allowance.

Charitable gifts and donations of an average of $213 were made by 2,835 people.

The costs of tax affairs for 3,760 people were claimed for $3,366 each.