TaxStats for postcode 7150 FY2013
Postcode 7150 includes Adventure Bay, Allens Rivulet, Alonnah, Apollo Bay, Barnes Bay, Dennes Point, Gordon, Great Bay, Kaoota, Killora, Longley, Lunawanna, North Bruny, Oyster Cove, Pelverata, Sandfly, Simpsons Bay, South Bruny, Upper Woodstock in Tasmania, and is in the federal electorate of Franklin.
In FY 2013 the ATO recorded 1,520 individuals in postcode 7150. Of these people, 1,505 made a taxable income or loss. 1,150 of the population paid a gross amount of tax. After tax offsets, 1,035 people actually paid a net amount of tax. There were 470 non-taxable people who paid net tax of $0.
Compare TaxStats of 7150 with TAS
| 7150 TaxStats FY2013 | %Ppl | #Ppl | 7150 Avg | 7150 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 1,520 | ||
| Income | ||||
| Salary or Wage | 71% | 1,075 | $47,065 | $50,595,181 |
| Gross Interest | 56% | 855 | $1,782 | $1,523,208 |
| Unfranked Dividends | 8% | 120 | $633 | $75,932 |
| Franked Dividends | 30% | 455 | $2,484 | $1,130,290 |
| Dividend Franking Credit | 30% | 455 | $1,062 | $483,042 |
| Capital Gains | 6% | 85 | $10,928 | $928,886 |
| Termination Payouts | 1% | 15 | $14,272 | $214,083 |
| Tips/Directors Fees etc | 15% | 230 | $2,801 | $644,282 |
| Business Income | 16% | 250 | $15,283 | $3,820,773 |
| Foreign Income | 6% | 85 | $4,362 | $370,763 |
| Government payments | 7% | 100 | $6,975 | $697,522 |
| Government pensions | 7% | 105 | $8,460 | $888,252 |
| Total Income or Loss | 99% | 1,510 | $46,906 | $70,827,561 |
| Deducations | ||||
| Charitable Gifts | 32% | 485 | $413 | $200,223 |
| Cost of Tax Affairs | 47% | 720 | $270 | $194,204 |
| Work Car expenses | 20% | 310 | $1,922 | $595,960 |
| Work Travel expenses | 6% | 95 | $2,019 | $191,818 |
| Self Education expenses | 4% | 65 | $1,895 | $123,184 |
| Total Deductions | 79% | 1,200 | $2,153 | $2,583,868 |
| Taxation | ||||
| Taxable Income | 99% | 1,505 | $45,134 | $67,925,986 |
| Medicare Levy | 65% | 990 | $904 | $894,858 |
| Medicare Surcharge | 1% | 10 | $1,564 | $15,644 |
| Gross Tax | 76% | 1,150 | $10,783 | $12,401,006 |
| Net Tax | 68% | 1,035 | $11,967 | $12,386,170 |
| Average Tax | 100% | 1,520 | $8,149 | $12,386,170 |
| Gross Tax Rate | 76% | 1,150 | 24% | $12,401,006 |
| Net Tax Rate | 68% | 1,035 | 27% | $12,386,170 |
| Average Tax Rate | 100% | 1,520 | 18% | $12,386,170 |
| %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 $45,134. It is estimated that the average taxable income for people who paid a net amount of tax was $60180.
The average net tax paid was $11,967. This equates to an average tax of 27 cents in the dollar on taxable income.
The Medicare levy was paid by 990 people for an average of $904. 10 people paid $1,564 on average more for the Medicare surcharge.
1,075 people earned a salary or wage and took home an average of $47,065 each.
Government allowance and payments were collected by 100 people for on average $6,975. 105 people received the pension or other allowance.
Charitable gifts and donations of an average of $413 were made by 485 people.
The costs of tax affairs for 720 people were claimed for $270 each.