TaxStats for postcode 4419 FY2013

Postcode 4419 includes Cockatoo, Grosmont, Wandoan in Queensland, and is in the federal electorate of Maranoa.

In FY 2013 the ATO recorded 570 individuals in postcode 4419. Of these people, 555 made a taxable income or loss. 395 of the population paid a gross amount of tax. After tax offsets, 350 people actually paid a net amount of tax. There were 205 non-taxable people who paid net tax of $0.

Compare TaxStats of 4419 with QLD

4419 TaxStats FY2013%Ppl#Ppl4419
Avg
4419
Total
Total Individuals100%570
Income
Salary or Wage 58%330$45,311$14,952,490
Gross Interest61%350$2,848$996,830
Unfranked Dividends12%70$248$17,395
Franked Dividends21%120$2,802$336,290
Dividend Franking Credit21%120$1,199$143,823
Capital Gains8%45$35,724$1,607,559
Termination Payouts3%15$7,551$113,262
Tips/Directors Fees etc11%65$5,766$374,769
Business Income19%110$12,294$1,352,323
Foreign Income6%35$169$5,903
Government payments4%25$4,189$104,733
Government pensions4%20$8,208$164,169
Total Income or Loss100%570$34,806$19,839,461
Deducations
Charitable Gifts15%85$195$16,563
Cost of Tax Affairs32%180$379$68,225
Work Car expenses16%90$2,462$221,561
Work Travel expenses5%30$2,847$85,396
Self Education expenses2%10$1,958$19,584
Total Deductions68%385$3,353$1,291,085
Taxation
Taxable Income97%555$30,745$17,063,707
Medicare Levy 58%330$843$278,295
Medicare Surcharge 2%10$1,606$16,059
Gross Tax 69%395$9,672$3,820,347
Net Tax 61%350$11,008$3,852,900
Average Tax 100%570 $6,759$3,852,900
Gross Tax Rate 69%395 31%$3,820,347
Net Tax Rate 61%350 36%$3,852,900
Average Tax Rate 100%570 22%$3,852,900
%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 $30,745. It is estimated that the average taxable income for people who paid a net amount of tax was $41725.

The average net tax paid was $11,008. This equates to an average tax of 36 cents in the dollar on taxable income.

The Medicare levy was paid by 330 people for an average of $843. 10 people paid $1,606 on average more for the Medicare surcharge.

330 people earned a salary or wage and took home an average of $45,311 each.

Government allowance and payments were collected by 25 people for on average $4,189. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $195 were made by 85 people.

The costs of tax affairs for 180 people were claimed for $379 each.