TaxStats for postcode 4370 FY2013

Postcode 4370 includes Allan, Bony Mountain, Canningvale, Cherry Gully, Clintonvale, Cunningham, Danderoo, Elbow Valley, Freestone, Gladfield, Glengallan, Greymare, Junabee, Leslie, Leslie Dam, Loch Lomond, Maryvale, Massie, Montrose, Morgan Park, Mount Colliery, Mount Sturt, Mount Tabor, Murrays Bridge, North Branch, Pratten, Rodgers Creek, Rosehill, Rosenthal Heights, Silverwood, Sladevale, Swan Creek, Thane, Thanes Creek, The Glen, The Hermitage, Toolburra, Tregony, Upper Freestone, Upper Wheatvale, Warwick, Warwick Dc, Wheatvale, Wildash, Willowvale, Wiyarra, Womina in Queensland, and is in the federal electorate of Maranoa.

In FY 2013 the ATO recorded 9,540 individuals in postcode 4370. Of these people, 9,395 made a taxable income or loss. 7,115 of the population paid a gross amount of tax. After tax offsets, 6,330 people actually paid a net amount of tax. There were 3,065 non-taxable people who paid net tax of $0.

Compare TaxStats of 4370 with QLD

4370 TaxStats FY2013%Ppl#Ppl4370
Avg
4370
Total
Total Individuals100%9,540
Income
Salary or Wage 77%7,365$43,079$317,273,810
Gross Interest56%5,330$1,679$8,946,490
Unfranked Dividends9%865$308$266,031
Franked Dividends21%2,015$3,342$6,734,005
Dividend Franking Credit21%2,000$1,443$2,885,492
Capital Gains4%350$7,379$2,582,712
Termination Payouts2%195$4,925$960,285
Tips/Directors Fees etc21%1,970$2,549$5,022,204
Business Income9%855$4,496$3,843,695
Foreign Income5%505$626$315,897
Government payments9%895$5,396$4,829,342
Government pensions8%785$9,638$7,565,773
Total Income or Loss100%9,500$40,821$387,798,050
Deducations
Charitable Gifts28%2,640$372$981,009
Cost of Tax Affairs48%4,615$279$1,285,913
Work Car expenses23%2,195$1,835$4,027,324
Work Travel expenses9%850$4,209$3,577,856
Self Education expenses3%325$1,554$505,190
Total Deductions80%7,675$2,453$18,828,552
Taxation
Taxable Income98%9,395$38,993$366,342,951
Medicare Levy 62%5,945$787$4,676,863
Medicare Surcharge 1%60$1,330$79,814
Gross Tax 75%7,115$8,384$59,651,608
Net Tax 66%6,330$9,447$59,802,153
Average Tax 100%9,540 $6,269$59,802,153
Gross Tax Rate 75%7,115 22%$59,651,608
Net Tax Rate 66%6,330 24%$59,802,153
Average Tax Rate 100%9,540 16%$59,802,153
%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 $38,993. It is estimated that the average taxable income for people who paid a net amount of tax was $52064.

The average net tax paid was $9,447. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 5,945 people for an average of $787. 60 people paid $1,330 on average more for the Medicare surcharge.

7,365 people earned a salary or wage and took home an average of $43,079 each.

Government allowance and payments were collected by 895 people for on average $5,396. 785 people received the pension or other allowance.

Charitable gifts and donations of an average of $372 were made by 2,640 people.

The costs of tax affairs for 4,615 people were claimed for $279 each.