TaxStats for postcode 7109 FY2013
Postcode 7109 includes Catamaran, Crabtree, Cradoc, Glaziers Bay, Glen Huon, Glendevie, Grove, Hastings, Huonville, Ida Bay, Judbury, Lonnavale, Lower Longley, Lower Wattle Grove, Lucaston, Lune River, Lymington, Mountain River, Petcheys Bay, Raminea, Ranelagh, Recherche, Southport, Southport Lagoon, Strathblane, Waterloo, Wattle Grove, Woodstock in Tasmania, and is in the federal electorate of Franklin.
In FY 2013 the ATO recorded 4,415 individuals in postcode 7109. Of these people, 4,385 made a taxable income or loss. 3,360 of the population paid a gross amount of tax. After tax offsets, 2,995 people actually paid a net amount of tax. There were 1,390 non-taxable people who paid net tax of $0.
Compare TaxStats of 7109 with TAS
| 7109 TaxStats FY2013 | %Ppl | #Ppl | 7109 Avg | 7109 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 4,415 | ||
| Income | ||||
| Salary or Wage | 77% | 3,395 | $42,755 | $145,153,536 |
| Gross Interest | 50% | 2,215 | $2,168 | $4,801,988 |
| Unfranked Dividends | 6% | 285 | $534 | $152,086 |
| Franked Dividends | 22% | 950 | $2,816 | $2,675,321 |
| Dividend Franking Credit | 22% | 950 | $1,207 | $1,146,465 |
| Capital Gains | 3% | 145 | $15,381 | $2,230,217 |
| Termination Payouts | 1% | 65 | $9,400 | $610,977 |
| Tips/Directors Fees etc | 16% | 715 | $2,326 | $1,662,947 |
| Business Income | 12% | 520 | $13,478 | $7,008,812 |
| Foreign Income | 4% | 170 | $1,005 | $170,797 |
| Government payments | 11% | 470 | $5,501 | $2,585,434 |
| Government pensions | 8% | 335 | $9,615 | $3,221,166 |
| Total Income or Loss | 100% | 4,400 | $43,439 | $191,131,720 |
| Deducations | ||||
| Charitable Gifts | 29% | 1,295 | $414 | $535,650 |
| Cost of Tax Affairs | 49% | 2,160 | $231 | $499,269 |
| Work Car expenses | 21% | 940 | $1,990 | $1,870,406 |
| Work Travel expenses | 5% | 230 | $2,263 | $520,479 |
| Self Education expenses | 3% | 145 | $1,673 | $242,572 |
| Total Deductions | 80% | 3,550 | $2,027 | $7,195,379 |
| Taxation | ||||
| Taxable Income | 99% | 4,385 | $41,876 | $183,624,587 |
| Medicare Levy | 64% | 2,835 | $837 | $2,373,005 |
| Medicare Surcharge | 1% | 25 | $1,395 | $34,884 |
| Gross Tax | 76% | 3,360 | $9,428 | $31,678,296 |
| Net Tax | 68% | 2,995 | $10,542 | $31,574,702 |
| Average Tax | 100% | 4,415 | $7,152 | $31,574,702 |
| Gross Tax Rate | 76% | 3,360 | 23% | $31,678,296 |
| Net Tax Rate | 68% | 2,995 | 25% | $31,574,702 |
| Average Tax Rate | 100% | 4,415 | 17% | $31,574,702 |
| %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 $41,876. It is estimated that the average taxable income for people who paid a net amount of tax was $55741.
The average net tax paid was $10,542. This equates to an average tax of 25 cents in the dollar on taxable income.
The Medicare levy was paid by 2,835 people for an average of $837. 25 people paid $1,395 on average more for the Medicare surcharge.
3,395 people earned a salary or wage and took home an average of $42,755 each.
Government allowance and payments were collected by 470 people for on average $5,501. 335 people received the pension or other allowance.
Charitable gifts and donations of an average of $414 were made by 1,295 people.
The costs of tax affairs for 2,160 people were claimed for $231 each.