TaxStats for postcode 4650 FY2013

Postcode 4650 includes Aldershot, Antigua, Bauple, Bauple Forest, Beaver Rock, Bidwill, Boonooroo, Boonooroo Plains, Duckinwilla, Dundathu, Dunmora, Ferney, Glenorchy, Gootchie, Grahams Creek, Granville, Gundiah, Island Plantation, Maaroom, Magnolia, Maryborough, Maryborough Dc, Maryborough West, Mount Urah, Mungar, Netherby, Oakhurst, Owanyilla, Pallas Street Maryborough, Pilerwa, Pioneers Rest, Poona, Prawle, St Helens, St Mary, Talegalla Weir, Tandora, Teddington, The Dimonds, Thinoomba, Tiaro, Tinana, Tinana South, Tinnanbar, Tuan, Tuan Forest, Walkers Point, Yengarie, Yerra in Queensland, and is in the federal electorate of Wide Bay.

In FY 2013 the ATO recorded 15,135 individuals in postcode 4650. Of these people, 15,040 made a taxable income or loss. 11,725 of the population paid a gross amount of tax. After tax offsets, 10,525 people actually paid a net amount of tax. There were 4,515 non-taxable people who paid net tax of $0.

Compare TaxStats of 4650 with QLD

4650 TaxStats FY2013%Ppl#Ppl4650
Avg
4650
Total
Total Individuals100%15,135
Income
Salary or Wage 77%11,695$46,114$539,306,652
Gross Interest56%8,415$1,702$14,318,989
Unfranked Dividends11%1,665$283$470,457
Franked Dividends22%3,275$3,637$11,911,565
Dividend Franking Credit22%3,260$1,557$5,076,475
Capital Gains3%515$9,197$4,736,400
Termination Payouts3%490$5,712$2,799,072
Tips/Directors Fees etc15%2,275$2,553$5,807,140
Business Income8%1,215$13,926$16,919,901
Foreign Income4%670$1,454$974,204
Government payments12%1,760$5,454$9,599,754
Government pensions8%1,245$9,530$11,864,835
Total Income or Loss100%15,095$44,850$677,012,962
Deducations
Charitable Gifts30%4,545$240$1,092,736
Cost of Tax Affairs48%7,195$244$1,756,932
Work Car expenses20%2,980$2,140$6,378,383
Work Travel expenses6%940$2,551$2,397,849
Self Education expenses3%485$1,458$707,257
Total Deductions81%12,295$1,987$24,425,890
Taxation
Taxable Income99%15,040$43,281$650,940,354
Medicare Levy 66%10,000$844$8,443,682
Medicare Surcharge 1%220$1,220$268,398
Gross Tax 77%11,725$9,629$112,903,395
Net Tax 70%10,525$10,691$112,523,874
Average Tax 100%15,135 $7,435$112,523,874
Gross Tax Rate 77%11,725 22%$112,903,395
Net Tax Rate 70%10,525 25%$112,523,874
Average Tax Rate 100%15,135 17%$112,523,874
%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 $43,281. It is estimated that the average taxable income for people who paid a net amount of tax was $56699.

The average net tax paid was $10,691. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 10,000 people for an average of $844. 220 people paid $1,220 on average more for the Medicare surcharge.

11,695 people earned a salary or wage and took home an average of $46,114 each.

Government allowance and payments were collected by 1,760 people for on average $5,454. 1,245 people received the pension or other allowance.

Charitable gifts and donations of an average of $240 were made by 4,545 people.

The costs of tax affairs for 7,195 people were claimed for $244 each.