TaxStats for postcode 7267 FY2013

Postcode 7267 includes Bangor, Bangor, Karoola, Karoola, Lalla, Lalla, Lower Turners Marsh, Lower Turners Marsh, Turners Marsh, Turners Marsh in Tasmania, and is in the federal electorate of Bass.

In FY 2013 the ATO recorded 455 individuals in postcode 7267. Of these people, 450 made a taxable income or loss. 345 of the population paid a gross amount of tax. After tax offsets, 310 people actually paid a net amount of tax. There were 140 non-taxable people who paid net tax of $0.

Compare TaxStats of 7267 with TAS

7267 TaxStats FY2013%Ppl#Ppl7267
Total Individuals100%455
Salary or Wage 77%350$43,374$15,180,725
Gross Interest46%210$1,476$310,030
Unfranked Dividends8%35$159$5,549
Franked Dividends24%110$4,004$440,437
Dividend Franking Credit24%110$1,715$188,704
Capital Gains2%10$10,516$105,157
Termination Payouts1%5$7,041$35,206
Tips/Directors Fees etc15%70$3,626$253,847
Business Income14%65$4,932$320,587
Foreign Income3%15$842$12,624
Government payments8%35$5,464$191,236
Government pensions4%20$6,759$135,171
Total Income or Loss100%455$41,413$18,842,710
Charitable Gifts31%140$177$24,812
Cost of Tax Affairs49%225$232$52,277
Work Car expenses19%85$2,252$191,403
Work Travel expenses4%20$1,044$20,883
Self Education expenses2%10$1,103$11,031
Total Deductions81%370$1,901$703,227
Taxable Income99%450$40,294$18,132,250
Medicare Levy 66%300$799$239,802
Medicare Surcharge 1%5$563$2,815
Gross Tax 76%345$8,683$2,995,722
Net Tax 68%310$9,867$3,058,843
Average Tax 100%455 $6,723$3,058,843
Gross Tax Rate 76%345 22%$2,995,722
Net Tax Rate 68%310 24%$3,058,843
Average Tax Rate 100%455 17%$3,058,843
%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 $40,294. It is estimated that the average taxable income for people who paid a net amount of tax was $53072.

The average net tax paid was $9,867. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 300 people for an average of $799. 5 people paid $563 on average more for the Medicare surcharge.

350 people earned a salary or wage and took home an average of $43,374 each.

Government allowance and payments were collected by 35 people for on average $5,464. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $177 were made by 140 people.

The costs of tax affairs for 225 people were claimed for $232 each.