TaxStats for postcode 7187 FY2013

Postcode 7187 includes Koonya in Tasmania, and is in the federal electorate of Lyons.

In FY 2013 the ATO recorded 70 individuals in postcode 7187. Of these people, 70 made a taxable income or loss. 45 of the population paid a gross amount of tax. After tax offsets, 40 people actually paid a net amount of tax. There were 30 non-taxable people who paid net tax of $0.

Compare TaxStats of 7187 with TAS

7187 TaxStats FY2013%Ppl#Ppl7187
Avg
7187
Total
Total Individuals100%70
Income
Salary or Wage 64%45$37,056$1,667,518
Gross Interest64%45$4,407$198,312
Unfranked Dividends14%10$390$3,905
Franked Dividends21%15$8,417$126,250
Dividend Franking Credit21%15$3,607$54,099
Capital Gains7%5$3,069$15,345
Termination Payouts%0$$0
Tips/Directors Fees etc14%10$14,566$145,659
Business Income14%10$805$8,049
Foreign Income7%5$373$1,865
Government payments14%10$5,266$52,662
Government pensions7%5$6,668$33,342
Total Income or Loss100%70$42,379$2,966,507
Deducations
Charitable Gifts21%15$500$7,502
Cost of Tax Affairs43%30$1,240$37,204
Work Car expenses21%15$1,148$17,222
Work Travel expenses7%5$7,995$39,974
Self Education expenses7%5$44$220
Total Deductions71%50$2,510$125,494
Taxation
Taxable Income100%70$40,468$2,832,771
Medicare Levy 50%35$998$34,918
Medicare Surcharge %0$$0
Gross Tax 64%45$12,101$544,557
Net Tax 57%40$13,113$524,520
Average Tax 100%70 $7,493$524,520
Gross Tax Rate 64%45 30%$544,557
Net Tax Rate 57%40 32%$524,520
Average Tax Rate 100%70 19%$524,520
%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 $40,468. It is estimated that the average taxable income for people who paid a net amount of tax was $61819.

The average net tax paid was $13,113. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 35 people for an average of $998.

45 people earned a salary or wage and took home an average of $37,056 each.

Government allowance and payments were collected by 10 people for on average $5,266. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $500 were made by 15 people.

The costs of tax affairs for 30 people were claimed for $1,240 each.