TaxStats for postcode 7170 FY2013

Postcode 7170 includes Acton Park, Cambridge, Mount Rumney, Roches Beach, Seven Mile Beach in Tasmania, and is in the federal electorate of Franklin.

In FY 2013 the ATO recorded 3,010 individuals in postcode 7170. Of these people, 3,000 made a taxable income or loss. 2,430 of the population paid a gross amount of tax. After tax offsets, 2,255 people actually paid a net amount of tax. There were 745 non-taxable people who paid net tax of $0.

Compare TaxStats of 7170 with TAS

7170 TaxStats FY2013%Ppl#Ppl7170
Total Individuals100%3,010
Salary or Wage 79%2,365$53,960$127,615,579
Gross Interest57%1,715$1,773$3,041,195
Unfranked Dividends11%325$316$102,646
Franked Dividends35%1,065$4,937$5,257,805
Dividend Franking Credit35%1,060$2,125$2,252,358
Capital Gains5%150$8,672$1,300,768
Termination Payouts1%40$9,128$365,107
Tips/Directors Fees etc15%460$3,366$1,548,414
Business Income10%305$20,776$6,336,760
Foreign Income7%220$949$208,772
Government payments5%140$5,332$746,463
Government pensions5%145$7,992$1,158,815
Total Income or Loss100%3,005$56,535$169,887,287
Charitable Gifts37%1,125$315$354,697
Cost of Tax Affairs47%1,425$255$362,824
Work Car expenses23%680$2,124$1,444,236
Work Travel expenses7%205$2,092$428,958
Self Education expenses3%95$1,374$130,507
Total Deductions82%2,465$2,651$6,535,129
Taxable Income100%3,000$54,422$163,264,623
Medicare Levy 74%2,215$1,024$2,268,787
Medicare Surcharge 0%15$1,131$16,959
Gross Tax 81%2,430$13,955$33,910,800
Net Tax 75%2,255$15,355$34,626,325
Average Tax 100%3,010 $11,504$34,626,325
Gross Tax Rate 81%2,430 26%$33,910,800
Net Tax Rate 75%2,255 28%$34,626,325
Average Tax Rate 100%3,010 21%$34,626,325
%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 $54,422. It is estimated that the average taxable income for people who paid a net amount of tax was $68437.

The average net tax paid was $15,355. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 2,215 people for an average of $1,024. 15 people paid $1,131 on average more for the Medicare surcharge.

2,365 people earned a salary or wage and took home an average of $53,960 each.

Government allowance and payments were collected by 140 people for on average $5,332. 145 people received the pension or other allowance.

Charitable gifts and donations of an average of $315 were made by 1,125 people.

The costs of tax affairs for 1,425 people were claimed for $255 each.