TaxStats for postcode 7321 FY2013

Postcode 7321 includes Black River, Black River, Boat Harbour, Boat Harbour Beach, Chasm Creek, Corinna, Corinna, Cowrie Point, Cowrie Point, Crayfish Creek, Crayfish Creek, Detention, Detention, East Cam, East Ridgley, Edgcumbe Beach, Edgcumbe Beach, Guildford, Hampshire, Hellyer, Hellyer, Highclere, Luina, Luina, Mawbanna, Mawbanna, Montumana, Montumana, Mooreville, Natone, Parrawe, Port Latta, Port Latta, Ridgley, Rocky Cape, Rocky Cape, Savage River, Savage River, Sisters Beach, Stowport, Tewkesbury, Tullah, Tullah, Upper Natone, Upper Stowport, Waratah, Waratah, West Mooreville, West Ridgley, Wiltshire, Wiltshire in Tasmania, and is in the federal electorate of Braddon.

In FY 2013 the ATO recorded 2,175 individuals in postcode 7321. Of these people, 2,155 made a taxable income or loss. 1,640 of the population paid a gross amount of tax. After tax offsets, 1,490 people actually paid a net amount of tax. There were 665 non-taxable people who paid net tax of $0.

Compare TaxStats of 7321 with TAS

7321 TaxStats FY2013%Ppl#Ppl7321
Total Individuals100%2,175
Salary or Wage 79%1,720$48,164$82,841,533
Gross Interest46%1,010$2,113$2,133,934
Unfranked Dividends10%210$646$135,716
Franked Dividends22%480$8,763$4,206,288
Dividend Franking Credit22%480$3,758$1,803,846
Capital Gains3%70$20,340$1,423,826
Termination Payouts1%20$5,196$103,925
Tips/Directors Fees etc17%380$2,509$953,384
Business Income9%185$3,003$555,567
Foreign Income5%100$2,829$282,886
Government payments10%225$5,901$1,327,775
Government pensions6%120$8,446$1,013,526
Total Income or Loss100%2,165$48,504$105,011,255
Charitable Gifts23%495$315$155,793
Cost of Tax Affairs52%1,135$243$275,574
Work Car expenses22%485$2,341$1,135,513
Work Travel expenses6%120$2,462$295,466
Self Education expenses3%60$1,691$101,451
Total Deductions80%1,735$2,147$3,725,404
Taxable Income99%2,155$46,836$100,932,135
Medicare Levy 66%1,430$944$1,350,094
Medicare Surcharge 2%50$1,176$58,794
Gross Tax 75%1,640$11,997$19,674,602
Net Tax 69%1,490$13,407$19,976,348
Average Tax 100%2,175 $9,185$19,976,348
Gross Tax Rate 75%1,640 26%$19,674,602
Net Tax Rate 69%1,490 29%$19,976,348
Average Tax Rate 100%2,175 20%$19,976,348
%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 $46,836. It is estimated that the average taxable income for people who paid a net amount of tax was $62384.

The average net tax paid was $13,407. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 1,430 people for an average of $944. 50 people paid $1,176 on average more for the Medicare surcharge.

1,720 people earned a salary or wage and took home an average of $48,164 each.

Government allowance and payments were collected by 225 people for on average $5,901. 120 people received the pension or other allowance.

Charitable gifts and donations of an average of $315 were made by 495 people.

The costs of tax affairs for 1,135 people were claimed for $243 each.