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 | #Ppl | 7321 Avg | 7321 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 2,175 | ||
| Income | ||||
| Salary or Wage | 79% | 1,720 | $48,164 | $82,841,533 |
| Gross Interest | 46% | 1,010 | $2,113 | $2,133,934 |
| Unfranked Dividends | 10% | 210 | $646 | $135,716 |
| Franked Dividends | 22% | 480 | $8,763 | $4,206,288 |
| Dividend Franking Credit | 22% | 480 | $3,758 | $1,803,846 |
| Capital Gains | 3% | 70 | $20,340 | $1,423,826 |
| Termination Payouts | 1% | 20 | $5,196 | $103,925 |
| Tips/Directors Fees etc | 17% | 380 | $2,509 | $953,384 |
| Business Income | 9% | 185 | $3,003 | $555,567 |
| Foreign Income | 5% | 100 | $2,829 | $282,886 |
| Government payments | 10% | 225 | $5,901 | $1,327,775 |
| Government pensions | 6% | 120 | $8,446 | $1,013,526 |
| Total Income or Loss | 100% | 2,165 | $48,504 | $105,011,255 |
| Deducations | ||||
| Charitable Gifts | 23% | 495 | $315 | $155,793 |
| Cost of Tax Affairs | 52% | 1,135 | $243 | $275,574 |
| Work Car expenses | 22% | 485 | $2,341 | $1,135,513 |
| Work Travel expenses | 6% | 120 | $2,462 | $295,466 |
| Self Education expenses | 3% | 60 | $1,691 | $101,451 |
| Total Deductions | 80% | 1,735 | $2,147 | $3,725,404 |
| Taxation | ||||
| Taxable Income | 99% | 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.