TaxStats for postcode 7011 FY2013

Postcode 7011 includes Austins Ferry, Austins Ferry, Berriedale, Chigwell, Claremont, Claremont in Tasmania, and is in the federal electorate of Denison.

In FY 2013 the ATO recorded 7,165 individuals in postcode 7011. Of these people, 7,145 made a taxable income or loss. 5,950 of the population paid a gross amount of tax. After tax offsets, 5,415 people actually paid a net amount of tax. There were 1,730 non-taxable people who paid net tax of $0.

Compare TaxStats of 7011 with TAS

7011 TaxStats FY2013%Ppl#Ppl7011
Total Individuals100%7,165
Salary or Wage 85%6,080$44,148$268,418,096
Gross Interest41%2,965$1,312$3,890,188
Unfranked Dividends6%405$223$90,314
Franked Dividends25%1,760$1,468$2,583,343
Dividend Franking Credit24%1,750$632$1,106,519
Capital Gains2%135$5,895$795,824
Termination Payouts1%95$8,045$764,264
Tips/Directors Fees etc17%1,200$2,065$2,477,460
Business Income6%420$14,960$6,283,369
Foreign Income3%200$347$69,351
Government payments11%780$5,219$4,070,728
Government pensions9%610$9,538$5,818,000
Total Income or Loss100%7,150$44,091$315,253,208
Charitable Gifts39%2,785$207$576,130
Cost of Tax Affairs52%3,710$176$654,470
Work Car expenses24%1,750$1,827$3,196,434
Work Travel expenses6%415$1,355$562,221
Self Education expenses4%260$997$259,208
Total Deductions86%6,170$1,685$10,396,995
Taxable Income100%7,145$42,649$304,729,295
Medicare Levy 71%5,115$774$3,960,304
Medicare Surcharge 1%40$1,029$41,143
Gross Tax 83%5,950$8,217$48,892,209
Net Tax 76%5,415$9,060$49,059,236
Average Tax 100%7,165 $6,847$49,059,236
Gross Tax Rate 83%5,950 19%$48,892,209
Net Tax Rate 76%5,415 21%$49,059,236
Average Tax Rate 100%7,165 16%$49,059,236
%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 $42,649. It is estimated that the average taxable income for people who paid a net amount of tax was $52441.

The average net tax paid was $9,060. This equates to an average tax of 21 cents in the dollar on taxable income.

The Medicare levy was paid by 5,115 people for an average of $774. 40 people paid $1,029 on average more for the Medicare surcharge.

6,080 people earned a salary or wage and took home an average of $44,148 each.

Government allowance and payments were collected by 780 people for on average $5,219. 610 people received the pension or other allowance.

Charitable gifts and donations of an average of $207 were made by 2,785 people.

The costs of tax affairs for 3,710 people were claimed for $176 each.