TaxStats for postcode 7163 FY2013

Postcode 7163 includes Flowerpot, Middleton in Tasmania, and is in the federal electorate of Franklin.

In FY 2013 the ATO recorded 195 individuals in postcode 7163. Of these people, 195 made a taxable income or loss. 135 of the population paid a gross amount of tax. After tax offsets, 125 people actually paid a net amount of tax. There were 70 non-taxable people who paid net tax of $0.

Compare TaxStats of 7163 with TAS

7163 TaxStats FY2013%Ppl#Ppl7163
Total Individuals100%195
Salary or Wage 67%130$45,650$5,934,484
Gross Interest54%105$2,375$249,349
Unfranked Dividends8%15$358$5,371
Franked Dividends23%45$4,380$197,092
Dividend Franking Credit23%45$1,877$84,457
Capital Gains3%5$34,788$173,940
Termination Payouts3%5$15,836$79,178
Tips/Directors Fees etc18%35$3,387$118,543
Business Income13%25$10,008$250,204
Foreign Income3%5$161$805
Government payments13%25$6,275$156,874
Government pensions10%20$7,963$159,264
Total Income or Loss100%195$43,015$8,387,973
Charitable Gifts33%65$292$18,962
Cost of Tax Affairs46%90$218$19,654
Work Car expenses15%30$1,822$54,654
Work Travel expenses8%15$787$11,800
Self Education expenses3%5$2,501$12,504
Total Deductions82%160$1,887$301,867
Taxable Income100%195$41,457$8,084,135
Medicare Levy 62%120$880$105,570
Medicare Surcharge 3%5$255$1,275
Gross Tax 69%135$10,708$1,445,585
Net Tax 64%125$11,386$1,423,198
Average Tax 100%195 $7,298$1,423,198
Gross Tax Rate 69%135 26%$1,445,585
Net Tax Rate 64%125 27%$1,423,198
Average Tax Rate 100%195 18%$1,423,198
%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 $41,457. It is estimated that the average taxable income for people who paid a net amount of tax was $57953.

The average net tax paid was $11,386. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 120 people for an average of $880. 5 people paid $255 on average more for the Medicare surcharge.

130 people earned a salary or wage and took home an average of $45,650 each.

Government allowance and payments were collected by 25 people for on average $6,275. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $292 were made by 65 people.

The costs of tax affairs for 90 people were claimed for $218 each.