TaxStats for postcode 7331 FY2013

Postcode 7331 includes Stanley, Stanley in Tasmania, and is in the federal electorate of Braddon.

In FY 2013 the ATO recorded 350 individuals in postcode 7331. Of these people, 345 made a taxable income or loss. 275 of the population paid a gross amount of tax. After tax offsets, 240 people actually paid a net amount of tax. There were 105 non-taxable people who paid net tax of $0.

Compare TaxStats of 7331 with TAS

7331 TaxStats FY2013%Ppl#Ppl7331
Total Individuals100%350
Salary or Wage 74%260$40,063$10,416,352
Gross Interest54%190$2,687$510,543
Unfranked Dividends9%30$125$3,755
Franked Dividends20%70$5,954$416,755
Dividend Franking Credit20%70$2,551$178,600
Capital Gains3%10$3,489$34,893
Termination Payouts1%5$635$3,177
Tips/Directors Fees etc17%60$1,914$114,814
Business Income13%45$21,883$984,728
Foreign Income3%10$130$1,296
Government payments7%25$5,348$133,698
Government pensions9%30$9,865$295,953
Total Income or Loss100%350$45,619$15,966,797
Charitable Gifts30%105$248$26,011
Cost of Tax Affairs54%190$269$51,059
Work Car expenses20%70$1,786$124,985
Work Travel expenses6%20$1,778$35,553
Self Education expenses4%15$959$14,389
Total Deductions80%280$2,354$659,025
Taxable Income99%345$44,239$15,262,310
Medicare Levy 67%235$853$200,483
Medicare Surcharge 1%5$2,084$10,420
Gross Tax 79%275$9,660$2,656,479
Net Tax 69%240$11,235$2,696,472
Average Tax 100%350 $7,704$2,696,472
Gross Tax Rate 79%275 22%$2,656,479
Net Tax Rate 69%240 25%$2,696,472
Average Tax Rate 100%350 17%$2,696,472
%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 $44,239. It is estimated that the average taxable income for people who paid a net amount of tax was $58343.

The average net tax paid was $11,235. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 235 people for an average of $853. 5 people paid $2,084 on average more for the Medicare surcharge.

260 people earned a salary or wage and took home an average of $40,063 each.

Government allowance and payments were collected by 25 people for on average $5,348. 30 people received the pension or other allowance.

Charitable gifts and donations of an average of $248 were made by 105 people.

The costs of tax affairs for 190 people were claimed for $269 each.