TaxStats for postcode 7178 FY2013

Postcode 7178 includes Murdunna in Tasmania, and is in the federal electorate of Lyons.

In FY 2013 the ATO recorded 115 individuals in postcode 7178. Of these people, 115 made a taxable income or loss. 80 of the population paid a gross amount of tax. After tax offsets, 70 people actually paid a net amount of tax. There were 45 non-taxable people who paid net tax of $0.

Compare TaxStats of 7178 with TAS

7178 TaxStats FY2013%Ppl#Ppl7178
Avg
7178
Total
Total Individuals100%115
Income
Salary or Wage 65%75$43,314$3,248,555
Gross Interest52%60$1,653$99,202
Unfranked Dividends4%5$457$2,284
Franked Dividends30%35$2,327$81,458
Dividend Franking Credit30%35$997$34,904
Capital Gains4%5$14,623$73,114
Termination Payouts4%5$384$1,919
Tips/Directors Fees etc13%15$1,531$22,959
Business Income13%15$8,195$122,928
Foreign Income4%5$173$866
Government payments9%10$4,201$42,012
Government pensions9%10$12,976$129,756
Total Income or Loss96%110$39,530$4,348,291
Deducations
Charitable Gifts30%35$246$8,617
Cost of Tax Affairs52%60$273$16,401
Work Car expenses22%25$2,550$63,744
Work Travel expenses4%5$527$2,636
Self Education expenses4%5$423$2,117
Total Deductions78%90$2,442$219,800
Taxation
Taxable Income100%115$35,899$4,128,361
Medicare Levy 57%65$797$51,779
Medicare Surcharge %0$$0
Gross Tax 70%80$8,188$655,004
Net Tax 61%70$9,304$651,259
Average Tax 100%115 $5,663$651,259
Gross Tax Rate 70%80 23%$655,004
Net Tax Rate 61%70 26%$651,259
Average Tax Rate 100%115 16%$651,259
%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 $35,899. It is estimated that the average taxable income for people who paid a net amount of tax was $51262.

The average net tax paid was $9,304. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 65 people for an average of $797.

75 people earned a salary or wage and took home an average of $43,314 each.

Government allowance and payments were collected by 10 people for on average $4,201. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $246 were made by 35 people.

The costs of tax affairs for 60 people were claimed for $273 each.