TaxStats for postcode 7053 FY2013

Postcode 7053 includes Bonnet Hill, Taroona in Tasmania, and is in the federal electorate of Denison.

In FY 2013 the ATO recorded 2,140 individuals in postcode 7053. Of these people, 2,130 made a taxable income or loss. 1,700 of the population paid a gross amount of tax. After tax offsets, 1,535 people actually paid a net amount of tax. There were 595 non-taxable people who paid net tax of $0.

Compare TaxStats of 7053 with TAS

7053 TaxStats FY2013%Ppl#Ppl7053
Total Individuals100%2,140
Salary or Wage 74%1,575$54,428$85,723,418
Gross Interest63%1,350$2,358$3,182,895
Unfranked Dividends14%290$408$118,281
Franked Dividends38%810$4,002$3,241,785
Dividend Franking Credit38%805$1,724$1,387,783
Capital Gains5%115$9,666$1,111,566
Termination Payouts1%25$36,385$909,621
Tips/Directors Fees etc11%240$6,210$1,490,375
Business Income13%270$28,075$7,580,356
Foreign Income10%205$3,286$673,684
Government payments6%135$5,752$776,531
Government pensions7%150$7,921$1,188,174
Total Income or Loss100%2,135$58,252$124,367,890
Charitable Gifts45%965$850$819,883
Cost of Tax Affairs46%980$281$275,160
Work Car expenses21%440$1,565$688,630
Work Travel expenses9%190$1,439$273,353
Self Education expenses4%90$1,691$152,210
Total Deductions82%1,745$2,702$4,714,656
Taxable Income100%2,130$56,127$119,550,694
Medicare Levy 69%1,475$1,089$1,606,036
Medicare Surcharge 1%20$850$16,991
Gross Tax 79%1,700$15,062$25,604,616
Net Tax 72%1,535$16,588$25,462,082
Average Tax 100%2,140 $11,898$25,462,082
Gross Tax Rate 79%1,700 27%$25,604,616
Net Tax Rate 72%1,535 30%$25,462,082
Average Tax Rate 100%2,140 21%$25,462,082
%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 $56,127. It is estimated that the average taxable income for people who paid a net amount of tax was $73232.

The average net tax paid was $16,588. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 1,475 people for an average of $1,089. 20 people paid $850 on average more for the Medicare surcharge.

1,575 people earned a salary or wage and took home an average of $54,428 each.

Government allowance and payments were collected by 135 people for on average $5,752. 150 people received the pension or other allowance.

Charitable gifts and donations of an average of $850 were made by 965 people.

The costs of tax affairs for 980 people were claimed for $281 each.