TaxStats for postcode 7292 FY2013

Postcode 7292 includes Hagley, Hagley, Quamby Bend, Quamby Bend, Rosevale, Rosevale, Selbourne, Selbourne, Westwood, Westwood in Tasmania, and is in the federal electorate of Lyons.

In FY 2013 the ATO recorded 325 individuals in postcode 7292. Of these people, 320 made a taxable income or loss. 255 of the population paid a gross amount of tax. After tax offsets, 225 people actually paid a net amount of tax. There were 95 non-taxable people who paid net tax of $0.

Compare TaxStats of 7292 with TAS

7292 TaxStats FY2013%Ppl#Ppl7292
Avg
7292
Total
Total Individuals100%325
Income
Salary or Wage 65%210$46,212$9,704,476
Gross Interest62%200$3,331$666,219
Unfranked Dividends12%40$255$10,184
Franked Dividends31%100$3,558$355,782
Dividend Franking Credit29%95$1,604$152,400
Capital Gains3%10$503$5,032
Termination Payouts2%5$5,395$26,975
Tips/Directors Fees etc17%55$3,025$166,391
Business Income11%35$8,855$309,926
Foreign Income8%25$396$9,897
Government payments3%10$5,490$54,897
Government pensions5%15$8,140$122,106
Total Income or Loss100%325$41,068$13,347,230
Deducations
Charitable Gifts28%90$257$23,110
Cost of Tax Affairs46%150$297$44,594
Work Car expenses17%55$1,742$95,822
Work Travel expenses5%15$949$14,242
Self Education expenses2%5$899$4,497
Total Deductions75%245$1,782$436,493
Taxation
Taxable Income98%320$40,220$12,870,388
Medicare Levy 66%215$835$179,608
Medicare Surcharge 2%5$170$849
Gross Tax 78%255$9,292$2,369,524
Net Tax 69%225$10,567$2,377,521
Average Tax 100%325 $7,315$2,377,521
Gross Tax Rate 78%255 23%$2,369,524
Net Tax Rate 69%225 26%$2,377,521
Average Tax Rate 100%325 18%$2,377,521
%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 $40,220. 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 $10,567. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 215 people for an average of $835. 5 people paid $170 on average more for the Medicare surcharge.

210 people earned a salary or wage and took home an average of $46,212 each.

Government allowance and payments were collected by 10 people for on average $5,490. 15 people received the pension or other allowance.

Charitable gifts and donations of an average of $257 were made by 90 people.

The costs of tax affairs for 150 people were claimed for $297 each.