TaxStats for postcode 7304 FY2013
Postcode 7304 includes Brandum, Brandum, Breona, Breona, Caveside, Caveside, Central Plateau, Central Plateau, Chudleigh, Chudleigh, Dairy Plains, Dairy Plains, Deloraine, Deloraine, Doctors Point, Doctors Point, Dunorlan, Dunorlan, Elizabeth Town, Elizabeth Town, Golden Valley, Golden Valley, Jackeys Marsh, Jackeys Marsh, Kimberley, Kimberley, Liena, Mayberry, Mayberry, Meander, Meander, Mersey Forest, Mersey Forest, Mole Creek, Mole Creek, Moltema, Moltema, Montana, Montana, Needles, Needles, Parkham, Parkham, Quamby Brook, Quamby Brook, Red Hills, Red Hills, Reedy Marsh, Reedy Marsh, Reynolds Neck, Reynolds Neck, Weegena, Weegena, Weetah, Weetah, Western Creek, Western Creek in Tasmania, and is in the federal electorate of Lyons.
In FY 2013 the ATO recorded 2,995 individuals in postcode 7304. Of these people, 2,950 made a taxable income or loss. 2,120 of the population paid a gross amount of tax. After tax offsets, 1,825 people actually paid a net amount of tax. There were 1,125 non-taxable people who paid net tax of $0.
Compare TaxStats of 7304 with TAS
| 7304 TaxStats FY2013 | %Ppl | #Ppl | 7304 Avg | 7304 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 2,995 | ||
| Income | ||||
| Salary or Wage | 69% | 2,060 | $41,240 | $84,954,690 |
| Gross Interest | 52% | 1,550 | $2,263 | $3,506,968 |
| Unfranked Dividends | 11% | 315 | $456 | $143,653 |
| Franked Dividends | 19% | 580 | $4,924 | $2,855,787 |
| Dividend Franking Credit | 19% | 580 | $2,110 | $1,223,777 |
| Capital Gains | 3% | 90 | $9,296 | $836,676 |
| Termination Payouts | 1% | 20 | $9,211 | $184,221 |
| Tips/Directors Fees etc | 15% | 435 | $2,492 | $1,084,184 |
| Business Income | 11% | 340 | $7,271 | $2,472,094 |
| Foreign Income | 4% | 120 | $1,771 | $212,486 |
| Government payments | 11% | 330 | $6,596 | $2,176,519 |
| Government pensions | 8% | 250 | $9,754 | $2,438,548 |
| Total Income or Loss | 99% | 2,975 | $38,956 | $115,894,234 |
| Deducations | ||||
| Charitable Gifts | 25% | 735 | $579 | $425,385 |
| Cost of Tax Affairs | 44% | 1,325 | $255 | $338,042 |
| Work Car expenses | 22% | 645 | $1,934 | $1,247,299 |
| Work Travel expenses | 4% | 115 | $2,041 | $234,763 |
| Self Education expenses | 2% | 65 | $1,997 | $129,805 |
| Total Deductions | 74% | 2,215 | $2,289 | $5,069,311 |
| Taxation | ||||
| Taxable Income | 98% | 2,950 | $37,384 | $110,283,658 |
| Medicare Levy | 57% | 1,720 | $806 | $1,387,088 |
| Medicare Surcharge | 1% | 25 | $1,509 | $37,716 |
| Gross Tax | 71% | 2,120 | $8,582 | $18,193,855 |
| Net Tax | 61% | 1,825 | $9,962 | $18,180,220 |
| Average Tax | 100% | 2,995 | $6,070 | $18,180,220 |
| Gross Tax Rate | 71% | 2,120 | 23% | $18,193,855 |
| Net Tax Rate | 61% | 1,825 | 27% | $18,180,220 |
| Average Tax Rate | 100% | 2,995 | 16% | $18,180,220 |
| %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 $37,384. It is estimated that the average taxable income for people who paid a net amount of tax was $53032.
The average net tax paid was $9,962. This equates to an average tax of 27 cents in the dollar on taxable income.
The Medicare levy was paid by 1,720 people for an average of $806. 25 people paid $1,509 on average more for the Medicare surcharge.
2,060 people earned a salary or wage and took home an average of $41,240 each.
Government allowance and payments were collected by 330 people for on average $6,596. 250 people received the pension or other allowance.
Charitable gifts and donations of an average of $579 were made by 735 people.
The costs of tax affairs for 1,325 people were claimed for $255 each.