TaxStats for postcode 7016 FY2013

Postcode 7016 includes Risdon Vale in Tasmania, and is in the federal electorate of Franklin.

In FY 2013 the ATO recorded 935 individuals in postcode 7016. Of these people, 935 made a taxable income or loss. 760 of the population paid a gross amount of tax. After tax offsets, 675 people actually paid a net amount of tax. There were 260 non-taxable people who paid net tax of $0.

Compare TaxStats of 7016 with TAS

7016 TaxStats FY2013%Ppl#Ppl7016
Total Individuals100%935
Salary or Wage 87%815$38,931$31,728,645
Gross Interest32%295$694$204,726
Unfranked Dividends3%30$166$4,993
Franked Dividends17%160$273$43,718
Dividend Franking Credit17%155$120$18,617
Capital Gains2%15$676$10,133
Termination Payouts2%20$4,677$93,544
Tips/Directors Fees etc17%160$1,352$216,267
Business Income6%60$16,989$1,019,348
Foreign Income1%5$296$1,481
Government payments16%145$5,368$778,429
Government pensions11%100$10,045$1,004,524
Total Income or Loss100%935$39,004$36,468,849
Charitable Gifts35%325$127$41,160
Cost of Tax Affairs49%460$149$68,576
Work Car expenses24%225$1,836$413,117
Work Travel expenses6%60$996$59,790
Self Education expenses4%35$838$29,341
Total Deductions87%810$1,468$1,188,997
Taxable Income100%935$37,704$35,253,337
Medicare Levy 67%625$688$430,248
Medicare Surcharge 1%5$368$1,838
Gross Tax 81%760$6,454$4,905,303
Net Tax 72%675$7,252$4,895,269
Average Tax 100%935 $5,236$4,895,269
Gross Tax Rate 81%760 17%$4,905,303
Net Tax Rate 72%675 19%$4,895,269
Average Tax Rate 100%935 14%$4,895,269
%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 $37,704. It is estimated that the average taxable income for people who paid a net amount of tax was $47605.

The average net tax paid was $7,252. This equates to an average tax of 19 cents in the dollar on taxable income.

The Medicare levy was paid by 625 people for an average of $688. 5 people paid $368 on average more for the Medicare surcharge.

815 people earned a salary or wage and took home an average of $38,931 each.

Government allowance and payments were collected by 145 people for on average $5,368. 100 people received the pension or other allowance.

Charitable gifts and donations of an average of $127 were made by 325 people.

The costs of tax affairs for 460 people were claimed for $149 each.