TaxStats for postcode 7030 FY2013

Postcode 7030 includes Apsley, Apsley, Arthurs Lake, Bagdad, Bagdad, Bagdad North, Bagdad North, Bothwell, Bothwell, Bridgewater, Bridgewater, Brighton, Brighton, Broadmarsh, Broadmarsh, Cramps Bay, Cramps Bay, Dromedary, Dromedary, Dysart, Dysart, Elderslie, Elderslie, Flintstone, Gagebrook, Gagebrook, Granton, Granton, Herdsmans Cove, Hermitage, Hermitage, Interlaken, Interlaken, Jericho, Jericho, Kempton, Kempton, Lake Sorell, Liawenee, Liawenee, Lower Marshes, Lower Marshes, Mangalore, Mangalore, Melton Mowbray, Melton Mowbray, Miena, Miena, Millers Bluff, Morass Bay, Pelham, Pelham, Pontville, Pontville, Shannon, Shannon, Steppes, Steppes, Tods Corner, Tods Corner, Waddamana, Waddamana, Wilburville in Tasmania, and is in the federal electorate of Lyons.

In FY 2013 the ATO recorded 7,525 individuals in postcode 7030. Of these people, 7,500 made a taxable income or loss. 6,145 of the population paid a gross amount of tax. After tax offsets, 5,550 people actually paid a net amount of tax. There were 1,950 non-taxable people who paid net tax of $0.

Compare TaxStats of 7030 with TAS

7030 TaxStats FY2013%Ppl#Ppl7030
Avg
7030
Total
Total Individuals100%7,525
Income
Salary or Wage 85%6,385$42,308$270,138,147
Gross Interest38%2,825$1,192$3,367,146
Unfranked Dividends5%340$364$123,769
Franked Dividends21%1,595$3,223$5,141,026
Dividend Franking Credit21%1,580$1,393$2,200,296
Capital Gains2%140$6,221$870,997
Termination Payouts2%120$5,833$699,907
Tips/Directors Fees etc19%1,415$1,875$2,652,892
Business Income7%560$15,880$8,892,970
Foreign Income2%165$653$107,782
Government payments12%895$6,040$5,405,995
Government pensions8%565$9,626$5,438,941
Total Income or Loss100%7,515$43,297$325,379,135
Deducations
Charitable Gifts34%2,530$169$428,627
Cost of Tax Affairs53%3,970$183$726,501
Work Car expenses26%1,965$2,053$4,034,299
Work Travel expenses6%465$1,563$726,768
Self Education expenses3%230$1,087$249,898
Total Deductions85%6,430$1,920$12,345,887
Taxation
Taxable Income100%7,500$41,685$312,637,248
Medicare Levy 69%5,220$774$4,042,589
Medicare Surcharge 0%30$1,404$42,108
Gross Tax 82%6,145$8,159$50,139,597
Net Tax 74%5,550$9,155$50,811,895
Average Tax 100%7,525 $6,752$50,811,895
Gross Tax Rate 82%6,145 20%$50,139,597
Net Tax Rate 74%5,550 22%$50,811,895
Average Tax Rate 100%7,525 16%$50,811,895
%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 $41,685. It is estimated that the average taxable income for people who paid a net amount of tax was $52115.

The average net tax paid was $9,155. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 5,220 people for an average of $774. 30 people paid $1,404 on average more for the Medicare surcharge.

6,385 people earned a salary or wage and took home an average of $42,308 each.

Government allowance and payments were collected by 895 people for on average $6,040. 565 people received the pension or other allowance.

Charitable gifts and donations of an average of $169 were made by 2,530 people.

The costs of tax affairs for 3,970 people were claimed for $183 each.