TaxStats for postcode 7015 FY2013

Postcode 7015 includes Flagstaff Gully, Geilston Bay, Lindisfarne, Rose Bay in Tasmania, and is in the federal electorate of Franklin.

In FY 2013 the ATO recorded 5,925 individuals in postcode 7015. Of these people, 5,905 made a taxable income or loss. 4,820 of the population paid a gross amount of tax. After tax offsets, 4,380 people actually paid a net amount of tax. There were 1,525 non-taxable people who paid net tax of $0.

Compare TaxStats of 7015 with TAS

7015 TaxStats FY2013%Ppl#Ppl7015
Total Individuals100%5,925
Salary or Wage 76%4,500$50,461$227,072,448
Gross Interest58%3,410$1,967$6,708,518
Unfranked Dividends11%635$497$315,585
Franked Dividends35%2,045$3,312$6,773,387
Dividend Franking Credit35%2,045$1,420$2,903,341
Capital Gains4%235$8,017$1,884,033
Termination Payouts1%75$17,097$1,282,238
Tips/Directors Fees etc14%830$2,721$2,258,514
Business Income9%510$21,014$10,716,982
Foreign Income6%375$861$322,830
Government payments6%355$5,106$1,812,536
Government pensions9%520$8,280$4,305,583
Total Income or Loss100%5,910$50,184$296,585,788
Charitable Gifts46%2,710$345$935,285
Cost of Tax Affairs48%2,835$263$744,622
Work Car expenses23%1,365$1,646$2,246,457
Work Travel expenses7%430$1,399$601,383
Self Education expenses4%220$1,360$299,265
Total Deductions84%4,960$2,101$10,421,220
Taxable Income100%5,905$48,444$286,062,710
Medicare Levy 71%4,220$903$3,810,654
Medicare Surcharge 1%35$1,155$40,411
Gross Tax 81%4,820$11,018$53,107,744
Net Tax 74%4,380$12,048$52,770,913
Average Tax 100%5,925 $8,906$52,770,913
Gross Tax Rate 81%4,820 23%$53,107,744
Net Tax Rate 74%4,380 25%$52,770,913
Average Tax Rate 100%5,925 18%$52,770,913
%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 $48,444. It is estimated that the average taxable income for people who paid a net amount of tax was $61133.

The average net tax paid was $12,048. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 4,220 people for an average of $903. 35 people paid $1,155 on average more for the Medicare surcharge.

4,500 people earned a salary or wage and took home an average of $50,461 each.

Government allowance and payments were collected by 355 people for on average $5,106. 520 people received the pension or other allowance.

Charitable gifts and donations of an average of $345 were made by 2,710 people.

The costs of tax affairs for 2,835 people were claimed for $263 each.