TaxStats for postcode 7257 FY2013

Postcode 7257 includes Cape Barren Island in Tasmania, and is in the federal electorate of Bass.

In FY 2013 the ATO recorded 45 individuals in postcode 7257. Of these people, 45 made a taxable income or loss. 30 of the population paid a gross amount of tax. After tax offsets, 25 people actually paid a net amount of tax. There were 20 non-taxable people who paid net tax of $0.

Compare TaxStats of 7257 with TAS

7257 TaxStats FY2013%Ppl#Ppl7257
Avg
7257
Total
Total Individuals100%45
Income
Salary or Wage 67%30$32,233$966,999
Gross Interest33%15$7,302$109,528
Unfranked Dividends11%5$131$654
Franked Dividends22%10$4,160$41,599
Dividend Franking Credit22%10$1,782$17,825
Capital Gains11%5$639$3,195
Termination Payouts%0$$0
Tips/Directors Fees etc22%10$952$9,521
Business Income11%5$17,768$88,838
Foreign Income%0$$0
Government payments22%10$11,141$111,414
Government pensions11%5$5,930$29,651
Total Income or Loss100%45$33,470$1,506,163
Deducations
Charitable Gifts22%10$457$4,566
Cost of Tax Affairs44%20$284$5,687
Work Car expenses11%5$957$4,783
Work Travel expenses11%5$2,589$12,943
Self Education expenses11%5$9$46
Total Deductions78%35$1,941$67,944
Taxation
Taxable Income100%45$31,960$1,438,219
Medicare Levy 56%25$702$17,562
Medicare Surcharge %0$$0
Gross Tax 67%30$5,952$178,549
Net Tax 56%25$6,666$166,658
Average Tax 100%45 $3,704$166,658
Gross Tax Rate 67%30 19%$178,549
Net Tax Rate 56%25 21%$166,658
Average Tax Rate 100%45 12%$166,658
%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 $31,960. It is estimated that the average taxable income for people who paid a net amount of tax was $47929.

The average net tax paid was $6,666. This equates to an average tax of 21 cents in the dollar on taxable income.

The Medicare levy was paid by 25 people for an average of $702.

30 people earned a salary or wage and took home an average of $32,233 each.

Government allowance and payments were collected by 10 people for on average $11,141. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $457 were made by 10 people.

The costs of tax affairs for 20 people were claimed for $284 each.