TaxStats for postcode 7260 FY2013

Postcode 7260 includes Blumont, Cuckoo, Forester, Jetsonville, Kamona, Lietinna, Lisle, Nabowla, North Scottsdale, Scottsdale, South Springfield, Springfield, Tonganah, Tulendeena, West Scottsdale in Tasmania, and is in the federal electorate of Bass.

In FY 2013 the ATO recorded 1,630 individuals in postcode 7260. Of these people, 1,615 made a taxable income or loss. 1,230 of the population paid a gross amount of tax. After tax offsets, 1,080 people actually paid a net amount of tax. There were 535 non-taxable people who paid net tax of $0.

Compare TaxStats of 7260 with TAS

7260 TaxStats FY2013%Ppl#Ppl7260
Avg
7260
Total
Total Individuals100%1,630
Income
Salary or Wage 77%1,260$39,682$49,999,810
Gross Interest56%910$1,943$1,768,114
Unfranked Dividends8%125$180$22,442
Franked Dividends19%315$4,840$1,524,571
Dividend Franking Credit19%315$2,074$653,331
Capital Gains2%40$4,805$192,213
Termination Payouts1%15$5,703$85,552
Tips/Directors Fees etc17%275$2,578$708,855
Business Income10%155$11,838$1,834,856
Foreign Income2%40$215$8,599
Government payments12%200$5,294$1,058,761
Government pensions9%140$9,862$1,380,698
Total Income or Loss99%1,620$40,336$65,344,112
Deducations
Charitable Gifts28%455$166$75,449
Cost of Tax Affairs47%760$201$152,695
Work Car expenses18%300$2,098$629,326
Work Travel expenses3%55$2,403$132,157
Self Education expenses3%45$1,345$60,509
Total Deductions79%1,290$1,897$2,447,182
Taxation
Taxable Income99%1,615$38,839$62,725,659
Medicare Levy 63%1,020$780$795,418
Medicare Surcharge 1%20$1,724$34,489
Gross Tax 75%1,230$8,187$10,069,759
Net Tax 66%1,080$9,278$10,020,392
Average Tax 100%1,630 $6,147$10,020,392
Gross Tax Rate 75%1,230 21%$10,069,759
Net Tax Rate 66%1,080 24%$10,020,392
Average Tax Rate 100%1,630 16%$10,020,392
%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 $38,839. It is estimated that the average taxable income for people who paid a net amount of tax was $52135.

The average net tax paid was $9,278. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 1,020 people for an average of $780. 20 people paid $1,724 on average more for the Medicare surcharge.

1,260 people earned a salary or wage and took home an average of $39,682 each.

Government allowance and payments were collected by 200 people for on average $5,294. 140 people received the pension or other allowance.

Charitable gifts and donations of an average of $166 were made by 455 people.

The costs of tax affairs for 760 people were claimed for $201 each.