TaxStats for postcode 4627 FY2013

Postcode 4627 includes Abercorn, Ceratodus, Cheltenham, Cynthia, Eidsvold, Eidsvold East, Eidsvold West, Grosvenor, Malmoe, Wuruma Dam in Queensland, and is in the federal electorate of Flynn.

In FY 2013 the ATO recorded 375 individuals in postcode 4627. Of these people, 365 made a taxable income or loss. 245 of the population paid a gross amount of tax. After tax offsets, 210 people actually paid a net amount of tax. There were 155 non-taxable people who paid net tax of $0.

Compare TaxStats of 4627 with QLD

4627 TaxStats FY2013%Ppl#Ppl4627
Avg
4627
Total
Total Individuals100%375
Income
Salary or Wage 59%220$43,854$9,647,870
Gross Interest55%205$4,107$841,860
Unfranked Dividends11%40$2,560$102,391
Franked Dividends20%75$6,142$460,645
Dividend Franking Credit20%75$2,632$197,399
Capital Gains3%10$10,860$108,600
Termination Payouts1%5$2,654$13,270
Tips/Directors Fees etc9%35$3,071$107,484
Business Income19%70$-2,545$-178,159
Foreign Income5%20$262$5,238
Government payments7%25$4,340$108,502
Government pensions5%20$11,270$225,393
Total Income or Loss100%375$33,224$12,458,869
Deducations
Charitable Gifts15%55$277$15,208
Cost of Tax Affairs29%110$324$35,657
Work Car expenses9%35$2,153$75,349
Work Travel expenses3%10$1,968$19,677
Self Education expenses3%10$695$6,946
Total Deductions60%225$2,618$589,154
Taxation
Taxable Income97%365$31,612$11,538,447
Medicare Levy 52%195$851$165,963
Medicare Surcharge 1%5$2,406$12,028
Gross Tax 65%245$9,337$2,287,656
Net Tax 56%210$10,956$2,300,708
Average Tax 100%375 $6,135$2,300,708
Gross Tax Rate 65%245 30%$2,287,656
Net Tax Rate 56%210 35%$2,300,708
Average Tax Rate 100%375 19%$2,300,708
%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 $31,612. It is estimated that the average taxable income for people who paid a net amount of tax was $46088.

The average net tax paid was $10,956. This equates to an average tax of 35 cents in the dollar on taxable income.

The Medicare levy was paid by 195 people for an average of $851. 5 people paid $2,406 on average more for the Medicare surcharge.

220 people earned a salary or wage and took home an average of $43,854 each.

Government allowance and payments were collected by 25 people for on average $4,340. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $277 were made by 55 people.

The costs of tax affairs for 110 people were claimed for $324 each.