TaxStats for postcode 7018 FY2013

Postcode 7018 includes Bellerive, Howrah, Montagu Bay, Mornington, Rosny, Rosny Park, Tranmere, Warrane in Tasmania, and is in the federal electorate of Franklin.

In FY 2013 the ATO recorded 11,665 individuals in postcode 7018. Of these people, 11,630 made a taxable income or loss. 9,510 of the population paid a gross amount of tax. After tax offsets, 8,540 people actually paid a net amount of tax. There were 3,090 non-taxable people who paid net tax of $0.

Compare TaxStats of 7018 with TAS

7018 TaxStats FY2013%Ppl#Ppl7018
Total Individuals100%11,665
Salary or Wage 78%9,045$50,126$453,389,555
Gross Interest56%6,520$1,969$12,840,619
Unfranked Dividends10%1,170$484$566,493
Franked Dividends33%3,895$3,660$14,254,297
Dividend Franking Credit33%3,890$1,569$6,102,390
Capital Gains4%495$7,120$3,524,312
Termination Payouts1%150$13,947$2,091,990
Tips/Directors Fees etc14%1,600$2,841$4,545,484
Business Income8%875$23,549$20,605,043
Foreign Income6%685$1,266$867,352
Government payments7%840$5,379$4,518,741
Government pensions9%1,060$8,428$8,933,973
Total Income or Loss100%11,640$50,997$593,610,279
Charitable Gifts44%5,160$353$1,819,131
Cost of Tax Affairs47%5,535$415$2,294,477
Work Car expenses23%2,655$1,892$5,024,028
Work Travel expenses7%785$1,501$1,177,939
Self Education expenses3%375$1,388$520,559
Total Deductions84%9,760$2,273$22,182,657
Taxable Income100%11,630$49,090$570,913,936
Medicare Levy 71%8,260$925$7,639,695
Medicare Surcharge 0%50$1,013$50,668
Gross Tax 82%9,510$11,388$108,297,269
Net Tax 73%8,540$12,782$109,156,689
Average Tax 100%11,665 $9,358$109,156,689
Gross Tax Rate 82%9,510 23%$108,297,269
Net Tax Rate 73%8,540 26%$109,156,689
Average Tax Rate 100%11,665 19%$109,156,689
%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 $49,090. It is estimated that the average taxable income for people who paid a net amount of tax was $62510.

The average net tax paid was $12,782. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 8,260 people for an average of $925. 50 people paid $1,013 on average more for the Medicare surcharge.

9,045 people earned a salary or wage and took home an average of $50,126 each.

Government allowance and payments were collected by 840 people for on average $5,379. 1,060 people received the pension or other allowance.

Charitable gifts and donations of an average of $353 were made by 5,160 people.

The costs of tax affairs for 5,535 people were claimed for $415 each.