TaxStats for postcode 7155 FY2013

Postcode 7155 includes Kettering in Tasmania, and is in the federal electorate of Franklin.

In FY 2013 the ATO recorded 460 individuals in postcode 7155. Of these people, 460 made a taxable income or loss. 345 of the population paid a gross amount of tax. After tax offsets, 300 people actually paid a net amount of tax. There were 160 non-taxable people who paid net tax of $0.

Compare TaxStats of 7155 with TAS

7155 TaxStats FY2013%Ppl#Ppl7155
Avg
7155
Total
Total Individuals100%460
Income
Salary or Wage 63%290$47,825$13,869,390
Gross Interest61%280$2,882$807,029
Unfranked Dividends13%60$403$24,205
Franked Dividends38%175$4,938$864,224
Dividend Franking Credit38%175$2,113$369,825
Capital Gains7%30$32,389$971,663
Termination Payouts2%10$22,398$223,976
Tips/Directors Fees etc13%60$3,912$234,711
Business Income15%70$18,634$1,304,404
Foreign Income7%30$486$14,565
Government payments8%35$4,763$166,710
Government pensions10%45$9,099$409,447
Total Income or Loss100%460$47,009$21,624,135
Deducations
Charitable Gifts27%125$411$51,375
Cost of Tax Affairs49%225$306$68,877
Work Car expenses18%85$1,839$156,330
Work Travel expenses7%30$1,438$43,134
Self Education expenses3%15$1,317$19,760
Total Deductions73%335$2,203$737,990
Taxation
Taxable Income100%460$45,386$20,877,498
Medicare Levy 63%290$945$273,990
Medicare Surcharge 1%5$1,346$6,732
Gross Tax 75%345$11,552$3,985,304
Net Tax 65%300$13,222$3,966,487
Average Tax 100%460 $8,623$3,966,487
Gross Tax Rate 75%345 25%$3,985,304
Net Tax Rate 65%300 29%$3,966,487
Average Tax Rate 100%460 19%$3,966,487
%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 $45,386. It is estimated that the average taxable income for people who paid a net amount of tax was $63192.

The average net tax paid was $13,222. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 290 people for an average of $945. 5 people paid $1,346 on average more for the Medicare surcharge.

290 people earned a salary or wage and took home an average of $47,825 each.

Government allowance and payments were collected by 35 people for on average $4,763. 45 people received the pension or other allowance.

Charitable gifts and donations of an average of $411 were made by 125 people.

The costs of tax affairs for 225 people were claimed for $306 each.