TaxStats for postcode 7252 FY2013

Postcode 7252 includes Beechford, Dilston, Hillwood, Lefroy, Lulworth, Mount Direction, Pipers River, Stony Head, Swan Bay, Weymouth, Windermere in Tasmania, and is in the federal electorate of Bass.

In FY 2013 the ATO recorded 1,520 individuals in postcode 7252. Of these people, 1,510 made a taxable income or loss. 1,180 of the population paid a gross amount of tax. After tax offsets, 1,075 people actually paid a net amount of tax. There were 435 non-taxable people who paid net tax of $0.

Compare TaxStats of 7252 with TAS

7252 TaxStats FY2013%Ppl#Ppl7252
Avg
7252
Total
Total Individuals100%1,520
Income
Salary or Wage 76%1,155$51,769$59,793,352
Gross Interest58%885$1,794$1,587,913
Unfranked Dividends9%140$487$68,160
Franked Dividends30%455$6,502$2,958,191
Dividend Franking Credit30%455$2,785$1,267,084
Capital Gains4%65$8,176$531,468
Termination Payouts2%25$14,599$364,967
Tips/Directors Fees etc16%245$3,554$870,834
Business Income10%155$12,760$1,977,770
Foreign Income5%70$714$49,981
Government payments7%110$6,384$702,198
Government pensions7%100$9,224$922,396
Total Income or Loss100%1,515$51,476$77,986,126
Deducations
Charitable Gifts33%495$279$138,006
Cost of Tax Affairs48%725$280$202,976
Work Car expenses22%330$1,880$620,248
Work Travel expenses8%115$1,947$223,848
Self Education expenses2%35$1,000$34,997
Total Deductions81%1,230$2,196$2,700,615
Taxation
Taxable Income99%1,510$49,786$75,176,175
Medicare Levy 68%1,040$987$1,026,201
Medicare Surcharge 1%20$1,118$22,363
Gross Tax 78%1,180$12,773$15,071,871
Net Tax 71%1,075$14,195$15,259,657
Average Tax 100%1,520 $10,039$15,259,657
Gross Tax Rate 78%1,180 26%$15,071,871
Net Tax Rate 71%1,075 29%$15,259,657
Average Tax Rate 100%1,520 20%$15,259,657
%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 $49,786. It is estimated that the average taxable income for people who paid a net amount of tax was $65076.

The average net tax paid was $14,195. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 1,040 people for an average of $987. 20 people paid $1,118 on average more for the Medicare surcharge.

1,155 people earned a salary or wage and took home an average of $51,769 each.

Government allowance and payments were collected by 110 people for on average $6,384. 100 people received the pension or other allowance.

Charitable gifts and donations of an average of $279 were made by 495 people.

The costs of tax affairs for 725 people were claimed for $280 each.