TaxStats for postcode 7052 FY2013

Postcode 7052 includes Blackmans Bay in Tasmania, and is in the federal electorate of Franklin.

In FY 2013 the ATO recorded 4,050 individuals in postcode 7052. Of these people, 4,025 made a taxable income or loss. 3,265 of the population paid a gross amount of tax. After tax offsets, 2,980 people actually paid a net amount of tax. There were 1,045 non-taxable people who paid net tax of $0.

Compare TaxStats of 7052 with TAS

7052 TaxStats FY2013%Ppl#Ppl7052
Total Individuals100%4,050
Salary or Wage 78%3,140$50,469$158,473,563
Gross Interest59%2,370$1,665$3,946,691
Unfranked Dividends10%420$936$393,071
Franked Dividends32%1,285$4,444$5,710,797
Dividend Franking Credit32%1,280$1,912$2,447,108
Capital Gains4%180$7,850$1,412,933
Termination Payouts1%50$18,196$909,817
Tips/Directors Fees etc14%575$2,878$1,654,698
Business Income10%390$20,282$7,910,139
Foreign Income7%275$649$178,433
Government payments7%285$5,038$1,435,742
Government pensions8%305$8,306$2,533,318
Total Income or Loss100%4,040$51,650$208,664,492
Charitable Gifts41%1,680$361$606,843
Cost of Tax Affairs48%1,940$299$580,484
Work Car expenses23%950$1,930$1,833,847
Work Travel expenses7%285$1,674$477,187
Self Education expenses4%150$1,352$202,750
Total Deductions83%3,350$2,403$8,050,097
Taxable Income99%4,025$49,802$200,452,109
Medicare Levy 70%2,855$935$2,669,148
Medicare Surcharge 1%25$1,133$28,329
Gross Tax 81%3,265$11,796$38,513,110
Net Tax 74%2,980$12,979$38,678,380
Average Tax 100%4,050 $9,550$38,678,380
Gross Tax Rate 81%3,265 24%$38,513,110
Net Tax Rate 74%2,980 26%$38,678,380
Average Tax Rate 100%4,050 19%$38,678,380
%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 $49,802. It is estimated that the average taxable income for people who paid a net amount of tax was $63058.

The average net tax paid was $12,979. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 2,855 people for an average of $935. 25 people paid $1,133 on average more for the Medicare surcharge.

3,140 people earned a salary or wage and took home an average of $50,469 each.

Government allowance and payments were collected by 285 people for on average $5,038. 305 people received the pension or other allowance.

Charitable gifts and donations of an average of $361 were made by 1,680 people.

The costs of tax affairs for 1,940 people were claimed for $299 each.