TaxStats for postcode 7325 FY2013

Postcode 7325 includes Calder, Doctors Rocks, Elliott, Flowerdale, Henrietta, Lapoinya, Meunna, Milabena, Moorleah, Mount Hicks, Myalla, Oldina, Oonah, Preolenna, Seabrook, Sisters Creek, Table Cape, Takone, West Takone, Wynyard, Yolla in Tasmania, and is in the federal electorate of Braddon.

In FY 2013 the ATO recorded 4,320 individuals in postcode 7325. Of these people, 4,290 made a taxable income or loss. 3,330 of the population paid a gross amount of tax. After tax offsets, 2,980 people actually paid a net amount of tax. There were 1,310 non-taxable people who paid net tax of $0.

Compare TaxStats of 7325 with TAS

7325 TaxStats FY2013%Ppl#Ppl7325
Total Individuals100%4,320
Salary or Wage 78%3,370$46,657$157,233,973
Gross Interest50%2,150$1,890$4,063,318
Unfranked Dividends10%430$390$167,859
Franked Dividends23%1,010$4,264$4,306,264
Dividend Franking Credit23%1,005$1,836$1,845,196
Capital Gains3%145$8,111$1,176,156
Termination Payouts1%50$6,491$324,535
Tips/Directors Fees etc17%720$2,811$2,024,111
Business Income7%320$10,428$3,337,097
Foreign Income4%185$661$122,337
Government payments12%500$5,419$2,709,433
Government pensions7%300$9,278$2,783,294
Total Income or Loss100%4,310$45,271$195,116,930
Charitable Gifts26%1,130$413$466,624
Cost of Tax Affairs53%2,270$202$458,141
Work Car expenses24%1,055$2,103$2,219,136
Work Travel expenses5%215$1,440$309,691
Self Education expenses3%135$1,756$237,055
Total Deductions81%3,520$2,204$7,758,290
Taxable Income99%4,290$43,548$186,821,471
Medicare Levy 66%2,850$864$2,462,126
Medicare Surcharge 1%50$1,367$68,350
Gross Tax 77%3,330$9,953$33,142,340
Net Tax 69%2,980$11,277$33,604,671
Average Tax 100%4,320 $7,779$33,604,671
Gross Tax Rate 77%3,330 23%$33,142,340
Net Tax Rate 69%2,980 26%$33,604,671
Average Tax Rate 100%4,320 18%$33,604,671
%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 $43,548. It is estimated that the average taxable income for people who paid a net amount of tax was $57417.

The average net tax paid was $11,277. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 2,850 people for an average of $864. 50 people paid $1,367 on average more for the Medicare surcharge.

3,370 people earned a salary or wage and took home an average of $46,657 each.

Government allowance and payments were collected by 500 people for on average $5,419. 300 people received the pension or other allowance.

Charitable gifts and donations of an average of $413 were made by 1,130 people.

The costs of tax affairs for 2,270 people were claimed for $202 each.