TaxStats for postcode 7254 FY2013

Postcode 7254 includes Bellingham, Golconda, Lebrina, Pipers Brook, Retreat, Tunnel, Wyena in Tasmania, and is in the federal electorate of Bass.

In FY 2013 the ATO recorded 285 individuals in postcode 7254. Of these people, 280 made a taxable income or loss. 220 of the population paid a gross amount of tax. After tax offsets, 200 people actually paid a net amount of tax. There were 80 non-taxable people who paid net tax of $0.

Compare TaxStats of 7254 with TAS

7254 TaxStats FY2013%Ppl#Ppl7254
Avg
7254
Total
Total Individuals100%285
Income
Salary or Wage 79%225$44,809$10,082,097
Gross Interest53%150$2,091$313,697
Unfranked Dividends7%20$2,072$41,440
Franked Dividends26%75$396$29,696
Dividend Franking Credit26%75$169$12,709
Capital Gains2%5$1,567$7,834
Termination Payouts2%5$2,751$13,757
Tips/Directors Fees etc16%45$1,528$68,751
Business Income14%40$5,162$206,495
Foreign Income2%5$93$467
Government payments11%30$5,697$170,911
Government pensions9%25$10,299$257,463
Total Income or Loss100%285$41,556$11,843,575
Deducations
Charitable Gifts30%85$186$15,784
Cost of Tax Affairs47%135$253$34,141
Work Car expenses23%65$1,976$128,433
Work Travel expenses9%25$1,133$28,323
Self Education expenses2%5$744$3,719
Total Deductions77%220$1,807$397,590
Taxation
Taxable Income98%280$40,714$11,399,928
Medicare Levy 65%185$783$144,830
Medicare Surcharge 2%5$799$3,995
Gross Tax 77%220$8,524$1,875,357
Net Tax 70%200$9,131$1,826,218
Average Tax 100%285 $6,408$1,826,218
Gross Tax Rate 77%220 21%$1,875,357
Net Tax Rate 70%200 22%$1,826,218
Average Tax Rate 100%285 16%$1,826,218
%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 $40,714. It is estimated that the average taxable income for people who paid a net amount of tax was $52200.

The average net tax paid was $9,131. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 185 people for an average of $783. 5 people paid $799 on average more for the Medicare surcharge.

225 people earned a salary or wage and took home an average of $44,809 each.

Government allowance and payments were collected by 30 people for on average $5,697. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $186 were made by 85 people.

The costs of tax affairs for 135 people were claimed for $253 each.