TaxStats for postcode 7275 FY2013

Postcode 7275 includes Blackwall, Blackwall, Deviot, Deviot, Exeter, Exeter, Frankford, Frankford, Glengarry, Glengarry, Holwell, Holwell, Lanena, Lanena, Loira, Loira, Notley Hills, Notley Hills, Robigana, Robigana, Swan Point, Swan Point, Winkleigh, Winkleigh in Tasmania, and is in the federal electorate of Lyons.

In FY 2013 the ATO recorded 1,765 individuals in postcode 7275. Of these people, 1,740 made a taxable income or loss. 1,325 of the population paid a gross amount of tax. After tax offsets, 1,180 people actually paid a net amount of tax. There were 560 non-taxable people who paid net tax of $0.

Compare TaxStats of 7275 with TAS

7275 TaxStats FY2013%Ppl#Ppl7275
Avg
7275
Total
Total Individuals100%1,765
Income
Salary or Wage 73%1,295$44,816$58,036,678
Gross Interest53%940$1,588$1,493,176
Unfranked Dividends7%115$442$50,852
Franked Dividends25%445$3,818$1,698,818
Dividend Franking Credit25%450$1,617$727,769
Capital Gains4%65$5,093$331,038
Termination Payouts2%30$10,727$321,821
Tips/Directors Fees etc15%265$3,454$915,315
Business Income12%215$7,750$1,666,218
Foreign Income4%65$4,729$307,407
Government payments11%190$5,319$1,010,656
Government pensions8%140$8,839$1,237,463
Total Income or Loss100%1,760$44,687$78,649,416
Deducations
Charitable Gifts29%510$446$227,451
Cost of Tax Affairs47%825$285$234,782
Work Car expenses21%375$1,951$731,513
Work Travel expenses7%120$1,360$163,140
Self Education expenses3%55$1,356$74,591
Total Deductions78%1,370$2,117$2,900,331
Taxation
Taxable Income99%1,740$43,401$75,516,959
Medicare Levy 63%1,115$875$975,391
Medicare Surcharge 1%25$1,313$32,820
Gross Tax 75%1,325$10,293$13,638,867
Net Tax 67%1,180$11,348$13,391,052
Average Tax 100%1,765 $7,587$13,391,052
Gross Tax Rate 75%1,325 24%$13,638,867
Net Tax Rate 67%1,180 26%$13,391,052
Average Tax Rate 100%1,765 17%$13,391,052
%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 $43,401. It is estimated that the average taxable income for people who paid a net amount of tax was $58303.

The average net tax paid was $11,348. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,115 people for an average of $875. 25 people paid $1,313 on average more for the Medicare surcharge.

1,295 people earned a salary or wage and took home an average of $44,816 each.

Government allowance and payments were collected by 190 people for on average $5,319. 140 people received the pension or other allowance.

Charitable gifts and donations of an average of $446 were made by 510 people.

The costs of tax affairs for 825 people were claimed for $285 each.