TaxStats for postcode 4626 FY2013

Postcode 4626 includes Beeron, Boynewood, Brovinia, Cattle Creek, Coonambula, Derri Derra, Dykehead, Glenrae, Gurgeena, Hawkwood, Monogorilby, Mundowran, Mundubbera, O'Bil Bil, Obil Bil, Old Cooranga, Philpott, Riverleigh in Queensland, and is in the federal electorate of Flynn.

In FY 2013 the ATO recorded 1,290 individuals in postcode 4626. Of these people, 1,265 made a taxable income or loss. 835 of the population paid a gross amount of tax. After tax offsets, 720 people actually paid a net amount of tax. There were 545 non-taxable people who paid net tax of $0.

Compare TaxStats of 4626 with QLD

4626 TaxStats FY2013%Ppl#Ppl4626
Total Individuals100%1,290
Salary or Wage 73%945$35,058$33,130,195
Gross Interest52%665$2,171$1,443,482
Unfranked Dividends9%115$259$29,784
Franked Dividends17%220$6,185$1,360,712
Dividend Franking Credit17%220$2,651$583,195
Capital Gains3%45$7,382$332,199
Termination Payouts1%10$6,787$67,873
Tips/Directors Fees etc11%140$2,466$345,236
Business Income10%135$641$86,553
Foreign Income5%60$733$43,955
Government payments6%75$5,256$394,164
Government pensions7%85$9,199$781,897
Total Income or Loss100%1,285$30,249$38,869,672
Charitable Gifts18%230$401$92,153
Cost of Tax Affairs28%365$344$125,479
Work Car expenses15%195$2,831$551,987
Work Travel expenses4%50$2,437$121,835
Self Education expenses2%25$1,225$30,630
Total Deductions70%905$2,283$2,065,803
Taxable Income98%1,265$28,421$35,951,978
Medicare Levy 52%665$725$481,954
Medicare Surcharge 1%10$1,683$16,830
Gross Tax 65%835$7,102$5,930,578
Net Tax 56%720$8,209$5,910,226
Average Tax 100%1,290 $4,582$5,910,226
Gross Tax Rate 65%835 25%$5,930,578
Net Tax Rate 56%720 29%$5,910,226
Average Tax Rate 100%1,290 16%$5,910,226
%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 $28,421. It is estimated that the average taxable income for people who paid a net amount of tax was $40850.

The average net tax paid was $8,209. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 665 people for an average of $725. 10 people paid $1,683 on average more for the Medicare surcharge.

945 people earned a salary or wage and took home an average of $35,058 each.

Government allowance and payments were collected by 75 people for on average $5,256. 85 people received the pension or other allowance.

Charitable gifts and donations of an average of $401 were made by 230 people.

The costs of tax affairs for 365 people were claimed for $344 each.