TaxStats for postcode 4496 FY2013

Postcode 4496 includes North Talwood, South Talwood, Talwood in Queensland, and is in the federal electorate of Maranoa.

In FY 2013 the ATO recorded 195 individuals in postcode 4496. Of these people, 190 made a taxable income or loss. 130 of the population paid a gross amount of tax. After tax offsets, 120 people actually paid a net amount of tax. There were 70 non-taxable people who paid net tax of $0.

Compare TaxStats of 4496 with QLD

4496 TaxStats FY2013%Ppl#Ppl4496
Avg
4496
Total
Total Individuals100%195
Income
Salary or Wage 59%115$45,228$5,201,257
Gross Interest54%105$2,937$308,414
Unfranked Dividends10%20$202$4,038
Franked Dividends18%35$2,160$75,617
Dividend Franking Credit18%35$925$32,378
Capital Gains8%15$6,111$91,665
Termination Payouts%0$$0
Tips/Directors Fees etc5%10$1,115$11,154
Business Income10%20$-9,756$-195,120
Foreign Income8%15$230$3,453
Government payments3%5$3,697$18,485
Government pensions5%10$5,643$56,434
Total Income or Loss97%190$34,513$6,557,427
Deducations
Charitable Gifts21%40$164$6,555
Cost of Tax Affairs38%75$561$42,107
Work Car expenses21%40$3,010$120,401
Work Travel expenses5%10$435$4,353
Self Education expenses3%5$1,073$5,366
Total Deductions67%130$4,103$533,418
Taxation
Taxable Income97%190$30,719$5,836,549
Medicare Levy 59%115$832$95,728
Medicare Surcharge 3%5$175$874
Gross Tax 67%130$9,146$1,189,009
Net Tax 62%120$9,912$1,189,454
Average Tax 100%195 $6,100$1,189,454
Gross Tax Rate 67%130 30%$1,189,009
Net Tax Rate 62%120 32%$1,189,454
Average Tax Rate 100%195 20%$1,189,454
%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 $30,719. It is estimated that the average taxable income for people who paid a net amount of tax was $41638.

The average net tax paid was $9,912. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 115 people for an average of $832. 5 people paid $175 on average more for the Medicare surcharge.

115 people earned a salary or wage and took home an average of $45,228 each.

Government allowance and payments were collected by 5 people for on average $3,697. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $164 were made by 40 people.

The costs of tax affairs for 75 people were claimed for $561 each.