TaxStats for postcode 7248 FY2013

Postcode 7248 includes Alanvale, Alanvale, Inveresk, Inveresk, Invermay, Invermay, Mayfield, Mayfield, Mowbray, Mowbray, Mowbray Heights, Mowbray Heights, Newnham, Newnham, Rocherlea, Rocherlea in Tasmania, and is in the federal electorate of Bass.

In FY 2013 the ATO recorded 6,380 individuals in postcode 7248. Of these people, 6,360 made a taxable income or loss. 4,960 of the population paid a gross amount of tax. After tax offsets, 4,390 people actually paid a net amount of tax. There were 1,970 non-taxable people who paid net tax of $0.

Compare TaxStats of 7248 with TAS

7248 TaxStats FY2013%Ppl#Ppl7248
Total Individuals100%6,380
Salary or Wage 87%5,525$38,341$211,833,290
Gross Interest44%2,810$1,126$3,165,465
Unfranked Dividends4%270$218$58,848
Franked Dividends18%1,160$1,716$1,990,216
Dividend Franking Credit18%1,155$737$851,600
Capital Gains2%145$7,966$1,155,066
Termination Payouts2%100$7,284$728,404
Tips/Directors Fees etc16%1,010$1,834$1,852,010
Business Income7%435$13,152$5,721,336
Foreign Income2%130$791$102,781
Government payments19%1,220$6,226$7,596,311
Government pensions8%485$9,218$4,470,954
Total Income or Loss100%6,365$39,720$252,817,667
Charitable Gifts31%1,985$217$430,147
Cost of Tax Affairs46%2,930$180$526,100
Work Car expenses21%1,345$1,755$2,360,651
Work Travel expenses6%400$1,349$539,401
Self Education expenses3%205$1,183$242,466
Total Deductions83%5,295$1,628$8,622,384
Taxable Income100%6,360$38,354$243,928,987
Medicare Levy 65%4,145$734$3,040,985
Medicare Surcharge 1%40$1,153$46,131
Gross Tax 78%4,960$7,249$35,955,623
Net Tax 69%4,390$8,221$36,090,048
Average Tax 100%6,380 $5,657$36,090,048
Gross Tax Rate 78%4,960 19%$35,955,623
Net Tax Rate 69%4,390 21%$36,090,048
Average Tax Rate 100%6,380 15%$36,090,048
%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 $38,354. It is estimated that the average taxable income for people who paid a net amount of tax was $50180.

The average net tax paid was $8,221. This equates to an average tax of 21 cents in the dollar on taxable income.

The Medicare levy was paid by 4,145 people for an average of $734. 40 people paid $1,153 on average more for the Medicare surcharge.

5,525 people earned a salary or wage and took home an average of $38,341 each.

Government allowance and payments were collected by 1,220 people for on average $6,226. 485 people received the pension or other allowance.

Charitable gifts and donations of an average of $217 were made by 1,985 people.

The costs of tax affairs for 2,930 people were claimed for $180 each.