TaxStats for postcode 7021 FY2013

Postcode 7021 includes Lauderdale in Tasmania, and is in the federal electorate of Franklin.

In FY 2013 the ATO recorded 1,465 individuals in postcode 7021. Of these people, 1,465 made a taxable income or loss. 1,250 of the population paid a gross amount of tax. After tax offsets, 1,150 people actually paid a net amount of tax. There were 315 non-taxable people who paid net tax of $0.

Compare TaxStats of 7021 with TAS

7021 TaxStats FY2013%Ppl#Ppl7021
Total Individuals100%1,465
Salary or Wage 80%1,170$48,670$56,944,074
Gross Interest51%750$1,507$1,129,958
Unfranked Dividends8%120$315$37,815
Franked Dividends29%430$6,157$2,647,692
Dividend Franking Credit29%430$2,638$1,134,125
Capital Gains4%55$6,673$367,038
Termination Payouts1%15$9,961$149,411
Tips/Directors Fees etc15%225$2,551$573,910
Business Income11%165$20,734$3,421,134
Foreign Income5%80$308$24,654
Government payments6%90$5,127$461,412
Government pensions8%110$7,436$817,945
Total Income or Loss100%1,465$51,696$75,735,050
Charitable Gifts44%645$365$235,518
Cost of Tax Affairs49%725$249$180,765
Work Car expenses26%385$1,955$752,686
Work Travel expenses8%115$1,154$132,734
Self Education expenses3%40$1,231$49,257
Total Deductions86%1,260$2,388$3,009,092
Taxable Income100%1,465$49,617$72,689,347
Medicare Levy 76%1,110$887$984,089
Medicare Surcharge 0%5$1,413$7,065
Gross Tax 85%1,250$10,869$13,585,813
Net Tax 78%1,150$12,026$13,829,594
Average Tax 100%1,465 $9,440$13,829,594
Gross Tax Rate 85%1,250 22%$13,585,813
Net Tax Rate 78%1,150 24%$13,829,594
Average Tax Rate 100%1,465 19%$13,829,594
%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 $49,617. It is estimated that the average taxable income for people who paid a net amount of tax was $59921.

The average net tax paid was $12,026. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 1,110 people for an average of $887. 5 people paid $1,413 on average more for the Medicare surcharge.

1,170 people earned a salary or wage and took home an average of $48,670 each.

Government allowance and payments were collected by 90 people for on average $5,127. 110 people received the pension or other allowance.

Charitable gifts and donations of an average of $365 were made by 645 people.

The costs of tax affairs for 725 people were claimed for $249 each.