TaxStats for postcode 7262 FY2013

Postcode 7262 includes Bridport, Tomahawk, Waterhouse in Tasmania, and is in the federal electorate of Bass.

In FY 2013 the ATO recorded 935 individuals in postcode 7262. Of these people, 920 made a taxable income or loss. 685 of the population paid a gross amount of tax. After tax offsets, 605 people actually paid a net amount of tax. There were 315 non-taxable people who paid net tax of $0.

Compare TaxStats of 7262 with TAS

7262 TaxStats FY2013%Ppl#Ppl7262
Total Individuals100%935
Salary or Wage 71%660$41,496$27,387,262
Gross Interest57%530$2,519$1,335,114
Unfranked Dividends9%85$1,044$88,758
Franked Dividends21%195$8,541$1,665,509
Dividend Franking Credit21%195$3,659$713,515
Capital Gains4%35$24,557$859,498
Termination Payouts2%20$4,682$93,642
Tips/Directors Fees etc17%155$2,983$462,372
Business Income11%105$12,334$1,295,113
Foreign Income3%30$218$6,548
Government payments13%120$5,664$679,691
Government pensions7%65$9,174$596,328
Total Income or Loss99%930$45,205$42,040,377
Charitable Gifts34%315$187$58,984
Cost of Tax Affairs51%480$273$131,103
Work Car expenses23%215$2,482$533,577
Work Travel expenses6%55$1,526$83,940
Self Education expenses3%25$1,679$41,986
Total Deductions79%740$2,881$2,132,239
Taxable Income98%920$42,403$39,010,400
Medicare Levy 61%570$878$500,195
Medicare Surcharge 1%5$1,713$8,563
Gross Tax 73%685$10,329$7,075,139
Net Tax 65%605$11,807$7,143,289
Average Tax 100%935 $7,640$7,143,289
Gross Tax Rate 73%685 24%$7,075,139
Net Tax Rate 65%605 28%$7,143,289
Average Tax Rate 100%935 18%$7,143,289
%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 $42,403. It is estimated that the average taxable income for people who paid a net amount of tax was $58232.

The average net tax paid was $11,807. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 570 people for an average of $878. 5 people paid $1,713 on average more for the Medicare surcharge.

660 people earned a salary or wage and took home an average of $41,496 each.

Government allowance and payments were collected by 120 people for on average $5,664. 65 people received the pension or other allowance.

Charitable gifts and donations of an average of $187 were made by 315 people.

The costs of tax affairs for 480 people were claimed for $273 each.