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#Ppl7109
Total Individuals100%4,415
Salary or Wage 77%3,395$42,755$145,153,536
Gross Interest50%2,215$2,168$4,801,988
Unfranked Dividends6%285$534$152,086
Franked Dividends22%950$2,816$2,675,321
Dividend Franking Credit22%950$1,207$1,146,465
Capital Gains3%145$15,381$2,230,217
Termination Payouts1%65$9,400$610,977
Tips/Directors Fees etc16%715$2,326$1,662,947
Business Income12%520$13,478$7,008,812
Foreign Income4%170$1,005$170,797
Government payments11%470$5,501$2,585,434
Government pensions8%335$9,615$3,221,166
Total Income or Loss100%4,400$43,439$191,131,720
Charitable Gifts29%1,295$414$535,650
Cost of Tax Affairs49%2,160$231$499,269
Work Car expenses21%940$1,990$1,870,406
Work Travel expenses5%230$2,263$520,479
Self Education expenses3%145$1,673$242,572
Total Deductions80%3,550$2,027$7,195,379
Taxable Income99%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.