TaxStats for postcode 7467 FY2013

Postcode 7467 includes Lake Margaret, Lake Margaret, Queenstown, Queenstown in Tasmania, and is in the federal electorate of Braddon.

In FY 2013 the ATO recorded 900 individuals in postcode 7467. Of these people, 895 made a taxable income or loss. 735 of the population paid a gross amount of tax. After tax offsets, 685 people actually paid a net amount of tax. There were 210 non-taxable people who paid net tax of $0.

Compare TaxStats of 7467 with TAS

7467 TaxStats FY2013%Ppl#Ppl7467
Total Individuals100%900
Salary or Wage 89%800$59,560$47,648,026
Gross Interest37%335$1,223$409,656
Unfranked Dividends8%70$227$15,878
Franked Dividends16%140$2,854$399,599
Dividend Franking Credit16%140$1,222$171,039
Capital Gains2%15$3,354$50,317
Termination Payouts2%20$2,576$51,530
Tips/Directors Fees etc18%160$8,937$1,429,866
Business Income4%35$4,625$161,889
Foreign Income3%25$511$12,765
Government payments11%100$6,542$654,233
Government pensions6%55$10,621$584,139
Total Income or Loss100%900$59,208$53,287,315
Charitable Gifts43%385$227$87,450
Cost of Tax Affairs63%570$267$152,363
Work Car expenses23%205$2,186$448,099
Work Travel expenses6%55$1,914$105,272
Self Education expenses3%25$1,251$31,286
Total Deductions88%795$1,977$1,572,006
Taxable Income99%895$57,771$51,704,887
Medicare Levy 73%660$1,061$700,456
Medicare Surcharge 3%25$1,303$32,574
Gross Tax 82%735$14,778$10,861,710
Net Tax 76%685$16,089$11,021,130
Average Tax 100%900 $12,246$11,021,130
Gross Tax Rate 82%735 26%$10,861,710
Net Tax Rate 76%685 28%$11,021,130
Average Tax Rate 100%900 21%$11,021,130
%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 $57,771. It is estimated that the average taxable income for people who paid a net amount of tax was $71803.

The average net tax paid was $16,089. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 660 people for an average of $1,061. 25 people paid $1,303 on average more for the Medicare surcharge.

800 people earned a salary or wage and took home an average of $59,560 each.

Government allowance and payments were collected by 100 people for on average $6,542. 55 people received the pension or other allowance.

Charitable gifts and donations of an average of $227 were made by 385 people.

The costs of tax affairs for 570 people were claimed for $267 each.