TaxStats for postcode 7310 FY2013

Postcode 7310 includes Aberdeen, Ambleside, Devonport, Don, East Devonport, Erriba, Eugenana, Forth, Forthside, Kindred, Lillico, Lower Wilmot, Melrose, Miandetta, Moina, Paloona, Quoiba, South Spreyton, Spreyton, Stony Rise, Tarleton, Tugrah, Wilmot in Tasmania, and is in the federal electorate of Braddon.

In FY 2013 the ATO recorded 14,040 individuals in postcode 7310. Of these people, 13,980 made a taxable income or loss. 10,975 of the population paid a gross amount of tax. After tax offsets, 9,825 people actually paid a net amount of tax. There were 4,155 non-taxable people who paid net tax of $0.

Compare TaxStats of 7310 with TAS

7310 TaxStats FY2013%Ppl#Ppl7310
Avg
7310
Total
Total Individuals100%14,040
Income
Salary or Wage 81%11,325$43,761$495,592,449
Gross Interest49%6,915$1,595$11,030,955
Unfranked Dividends9%1,220$503$613,173
Franked Dividends24%3,425$9,635$33,000,145
Dividend Franking Credit24%3,400$4,147$14,099,130
Capital Gains3%465$8,922$4,148,694
Termination Payouts2%220$7,251$1,595,152
Tips/Directors Fees etc19%2,735$2,207$6,037,011
Business Income8%1,055$14,371$15,161,155
Foreign Income4%565$586$331,358
Government payments12%1,685$5,347$9,010,068
Government pensions8%1,155$8,994$10,388,617
Total Income or Loss100%14,000$46,669$653,361,133
Deducations
Charitable Gifts30%4,195$312$1,309,632
Cost of Tax Affairs53%7,495$200$1,500,291
Work Car expenses26%3,705$2,043$7,569,891
Work Travel expenses6%910$1,485$1,351,152
Self Education expenses3%430$1,390$597,774
Total Deductions83%11,685$2,117$24,732,345
Taxation
Taxable Income100%13,980$44,901$627,718,103
Medicare Levy 66%9,335$878$8,192,078
Medicare Surcharge 1%185$1,145$211,870
Gross Tax 78%10,975$10,511$115,360,989
Net Tax 70%9,825$11,903$116,947,652
Average Tax 100%14,040 $8,330$116,947,652
Gross Tax Rate 78%10,975 23%$115,360,989
Net Tax Rate 70%9,825 27%$116,947,652
Average Tax Rate 100%14,040 19%$116,947,652
%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 $44,901. It is estimated that the average taxable income for people who paid a net amount of tax was $58815.

The average net tax paid was $11,903. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 9,335 people for an average of $878. 185 people paid $1,145 on average more for the Medicare surcharge.

11,325 people earned a salary or wage and took home an average of $43,761 each.

Government allowance and payments were collected by 1,685 people for on average $5,347. 1,155 people received the pension or other allowance.

Charitable gifts and donations of an average of $312 were made by 4,195 people.

The costs of tax affairs for 7,495 people were claimed for $200 each.