TaxStats for postcode 7315 FY2013

Postcode 7315 includes Abbotsham, Castra, Gawler, Gunns Plains, Leith, Loongana, Nietta, North Motton, Preston, South Nietta, South Preston, Spalford, Sprent, Turners Beach, Ulverstone, Upper Castra, West Ulverstone in Tasmania, and is in the federal electorate of Braddon.

In FY 2013 the ATO recorded 7,535 individuals in postcode 7315. Of these people, 7,480 made a taxable income or loss. 5,855 of the population paid a gross amount of tax. After tax offsets, 5,230 people actually paid a net amount of tax. There were 2,250 non-taxable people who paid net tax of $0.

Compare TaxStats of 7315 with TAS

7315 TaxStats FY2013%Ppl#Ppl7315
Total Individuals100%7,535
Salary or Wage 80%6,045$44,866$271,216,509
Gross Interest52%3,890$1,641$6,383,032
Unfranked Dividends9%655$281$183,823
Franked Dividends23%1,770$2,782$4,924,184
Dividend Franking Credit23%1,765$1,196$2,110,554
Capital Gains3%235$7,594$1,784,637
Termination Payouts2%125$7,209$901,160
Tips/Directors Fees etc20%1,470$1,860$2,734,057
Business Income8%595$14,982$8,914,569
Foreign Income4%320$388$124,228
Government payments11%825$5,659$4,668,515
Government pensions8%595$9,436$5,614,556
Total Income or Loss100%7,500$44,776$335,820,927
Charitable Gifts28%2,135$275$586,378
Cost of Tax Affairs54%4,065$179$726,903
Work Car expenses27%2,020$1,945$3,929,559
Work Travel expenses6%450$1,359$611,597
Self Education expenses3%240$1,538$369,169
Total Deductions82%6,185$2,075$12,832,470
Taxable Income99%7,480$43,102$322,403,918
Medicare Levy 66%5,000$840$4,200,260
Medicare Surcharge 1%95$1,281$121,719
Gross Tax 78%5,855$9,462$55,402,366
Net Tax 69%5,230$10,679$55,853,384
Average Tax 100%7,535 $7,413$55,853,384
Gross Tax Rate 78%5,855 22%$55,402,366
Net Tax Rate 69%5,230 25%$55,853,384
Average Tax Rate 100%7,535 17%$55,853,384
%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 $43,102. It is estimated that the average taxable income for people who paid a net amount of tax was $56483.

The average net tax paid was $10,679. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 5,000 people for an average of $840. 95 people paid $1,281 on average more for the Medicare surcharge.

6,045 people earned a salary or wage and took home an average of $44,866 each.

Government allowance and payments were collected by 825 people for on average $5,659. 595 people received the pension or other allowance.

Charitable gifts and donations of an average of $275 were made by 2,135 people.

The costs of tax affairs for 4,065 people were claimed for $179 each.