TaxStats for postcode 7027 FY2013

Postcode 7027 includes Colebrook, Colebrook in Tasmania, and is in the federal electorate of Lyons.

In FY 2013 the ATO recorded 145 individuals in postcode 7027. Of these people, 140 made a taxable income or loss. 100 of the population paid a gross amount of tax. After tax offsets, 85 people actually paid a net amount of tax. There were 55 non-taxable people who paid net tax of $0.

Compare TaxStats of 7027 with TAS

7027 TaxStats FY2013%Ppl#Ppl7027
Total Individuals100%145
Salary or Wage 69%100$40,067$4,006,723
Gross Interest41%60$1,469$88,163
Unfranked Dividends3%5$91$453
Franked Dividends14%20$721$14,429
Dividend Franking Credit14%20$309$6,180
Capital Gains3%5$9,317$46,583
Termination Payouts3%5$4,657$23,286
Tips/Directors Fees etc17%25$1,172$29,296
Business Income10%15$-10,834$-162,508
Foreign Income3%5$2$11
Government payments17%25$5,211$130,283
Government pensions7%10$8,710$87,097
Total Income or Loss97%140$36,782$5,149,431
Charitable Gifts28%40$160$6,382
Cost of Tax Affairs41%60$234$14,030
Work Car expenses21%30$2,140$64,214
Work Travel expenses7%10$885$8,850
Self Education expenses3%5$898$4,490
Total Deductions72%105$1,696$178,079
Taxable Income97%140$35,382$4,953,432
Medicare Levy 55%80$741$59,291
Medicare Surcharge %0$$0
Gross Tax 69%100$6,926$692,569
Net Tax 59%85$7,852$667,407
Average Tax 100%145 $4,603$667,407
Gross Tax Rate 69%100 20%$692,569
Net Tax Rate 59%85 22%$667,407
Average Tax Rate 100%145 13%$667,407
%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 $35,382. It is estimated that the average taxable income for people who paid a net amount of tax was $50511.

The average net tax paid was $7,852. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 80 people for an average of $741.

100 people earned a salary or wage and took home an average of $40,067 each.

Government allowance and payments were collected by 25 people for on average $5,211. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $160 were made by 40 people.

The costs of tax affairs for 60 people were claimed for $234 each.