TaxStats for postcode 7259 FY2013

Postcode 7259 includes Myrtle Bank, Nunamara, Patersonia, Targa, Tayene in Tasmania, and is in the federal electorate of Bass.

In FY 2013 the ATO recorded 260 individuals in postcode 7259. Of these people, 260 made a taxable income or loss. 200 of the population paid a gross amount of tax. After tax offsets, 180 people actually paid a net amount of tax. There were 80 non-taxable people who paid net tax of $0.

Compare TaxStats of 7259 with TAS

7259 TaxStats FY2013%Ppl#Ppl7259
Total Individuals100%260
Salary or Wage 83%215$41,658$8,956,378
Gross Interest42%110$1,541$169,552
Unfranked Dividends8%20$57$1,143
Franked Dividends23%60$2,774$166,466
Dividend Franking Credit23%60$1,188$71,250
Capital Gains4%10$5,775$57,749
Termination Payouts2%5$5,735$28,676
Tips/Directors Fees etc17%45$817$36,748
Business Income8%20$972$19,445
Foreign Income2%5$1,487$7,435
Government payments12%30$5,955$178,639
Government pensions8%20$7,673$153,462
Total Income or Loss100%260$40,953$10,647,837
Charitable Gifts21%55$329$18,103
Cost of Tax Affairs52%135$287$38,780
Work Car expenses23%60$1,457$87,446
Work Travel expenses10%25$1,362$34,041
Self Education expenses2%5$2,364$11,822
Total Deductions79%205$2,097$429,924
Taxable Income100%260$39,245$10,203,701
Medicare Levy 65%170$784$133,353
Medicare Surcharge 2%5$739$3,695
Gross Tax 77%200$8,090$1,618,032
Net Tax 69%180$9,196$1,655,275
Average Tax 100%260 $6,366$1,655,275
Gross Tax Rate 77%200 21%$1,618,032
Net Tax Rate 69%180 23%$1,655,275
Average Tax Rate 100%260 16%$1,655,275
%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 $39,245. It is estimated that the average taxable income for people who paid a net amount of tax was $51354.

The average net tax paid was $9,196. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 170 people for an average of $784. 5 people paid $739 on average more for the Medicare surcharge.

215 people earned a salary or wage and took home an average of $41,658 each.

Government allowance and payments were collected by 30 people for on average $5,955. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $329 were made by 55 people.

The costs of tax affairs for 135 people were claimed for $287 each.