TaxStats for postcode 7258 FY2013

Postcode 7258 includes Breadalbane, Breadalbane, Relbia, Relbia, White Hills, White Hills in Tasmania, and is in the federal electorate of Lyons.

In FY 2013 the ATO recorded 585 individuals in postcode 7258. Of these people, 585 made a taxable income or loss. 470 of the population paid a gross amount of tax. After tax offsets, 425 people actually paid a net amount of tax. There were 160 non-taxable people who paid net tax of $0.

Compare TaxStats of 7258 with TAS

7258 TaxStats FY2013%Ppl#Ppl7258
Avg
7258
Total
Total Individuals100%585
Income
Salary or Wage 74%430$49,705$21,373,314
Gross Interest64%375$2,879$1,079,740
Unfranked Dividends11%65$1,282$83,354
Franked Dividends33%195$8,258$1,610,375
Dividend Franking Credit32%190$3,631$689,875
Capital Gains4%25$10,978$274,453
Termination Payouts1%5$2,446$12,228
Tips/Directors Fees etc15%85$3,838$326,253
Business Income12%70$24,053$1,683,709
Foreign Income8%45$859$38,649
Government payments7%40$4,909$196,355
Government pensions5%30$10,528$315,853
Total Income or Loss100%585$61,282$35,849,889
Deducations
Charitable Gifts32%190$544$103,287
Cost of Tax Affairs46%270$377$101,805
Work Car expenses19%110$2,943$323,695
Work Travel expenses7%40$650$25,987
Self Education expenses3%15$1,362$20,430
Total Deductions79%465$2,857$1,328,530
Taxation
Taxable Income100%585$58,817$34,408,039
Medicare Levy 71%415$1,142$474,090
Medicare Surcharge 1%5$1,301$6,505
Gross Tax 80%470$16,569$7,787,650
Net Tax 73%425$18,707$7,950,316
Average Tax 100%585 $13,590$7,950,316
Gross Tax Rate 80%470 28%$7,787,650
Net Tax Rate 73%425 32%$7,950,316
Average Tax Rate 100%585 23%$7,950,316
%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 $58,817. It is estimated that the average taxable income for people who paid a net amount of tax was $76442.

The average net tax paid was $18,707. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 415 people for an average of $1,142. 5 people paid $1,301 on average more for the Medicare surcharge.

430 people earned a salary or wage and took home an average of $49,705 each.

Government allowance and payments were collected by 40 people for on average $4,909. 30 people received the pension or other allowance.

Charitable gifts and donations of an average of $544 were made by 190 people.

The costs of tax affairs for 270 people were claimed for $377 each.