TaxStats for postcode 7268 FY2013

Postcode 7268 includes Lilydale, Lilydale, North Lilydale, North Lilydale, Underwood, Underwood in Tasmania, and is in the federal electorate of Bass.

In FY 2013 the ATO recorded 585 individuals in postcode 7268. Of these people, 580 made a taxable income or loss. 445 of the population paid a gross amount of tax. After tax offsets, 405 people actually paid a net amount of tax. There were 175 non-taxable people who paid net tax of $0.

Compare TaxStats of 7268 with TAS

7268 TaxStats FY2013%Ppl#Ppl7268
Total Individuals100%585
Salary or Wage 74%435$45,467$19,778,234
Gross Interest58%340$1,241$422,009
Unfranked Dividends7%40$373$14,918
Franked Dividends26%155$1,994$309,124
Dividend Franking Credit26%155$854$132,396
Capital Gains3%20$11,926$238,516
Termination Payouts2%10$7,230$72,298
Tips/Directors Fees etc16%95$3,321$315,534
Business Income14%80$2,854$228,314
Foreign Income6%35$2,083$72,905
Government payments10%60$5,548$332,876
Government pensions6%35$9,555$334,420
Total Income or Loss100%585$44,427$25,989,930
Charitable Gifts29%170$360$61,276
Cost of Tax Affairs48%280$241$67,588
Work Car expenses23%135$1,764$238,111
Work Travel expenses8%45$1,423$64,042
Self Education expenses3%20$820$16,406
Total Deductions82%480$2,186$1,049,083
Taxable Income99%580$42,772$24,807,825
Medicare Levy 68%395$833$329,019
Medicare Surcharge 2%10$974$9,737
Gross Tax 76%445$9,657$4,297,181
Net Tax 69%405$10,601$4,293,514
Average Tax 100%585 $7,339$4,293,514
Gross Tax Rate 76%445 23%$4,297,181
Net Tax Rate 69%405 25%$4,293,514
Average Tax Rate 100%585 17%$4,293,514
%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 $42,772. It is estimated that the average taxable income for people who paid a net amount of tax was $56069.

The average net tax paid was $10,601. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 395 people for an average of $833. 10 people paid $974 on average more for the Medicare surcharge.

435 people earned a salary or wage and took home an average of $45,467 each.

Government allowance and payments were collected by 60 people for on average $5,548. 35 people received the pension or other allowance.

Charitable gifts and donations of an average of $360 were made by 170 people.

The costs of tax affairs for 280 people were claimed for $241 each.