TaxStats for postcode 4660 FY2013

Postcode 4660 includes Abington, Apple Tree Creek, Buxton, Cherwell, Childers, Cordalba, Doolbi, Eureka, Farnsfield, Goodwood, Gregory River, Horton, Isis Central, Isis River, Kullogum, North Gregory, North Gregory, North Isis, Promisedland, Redridge, South Isis, Woodgate in Queensland, and is in the federal electorate of Hinkler.

In FY 2013 the ATO recorded 3,610 individuals in postcode 4660. Of these people, 3,575 made a taxable income or loss. 2,495 of the population paid a gross amount of tax. After tax offsets, 2,135 people actually paid a net amount of tax. There were 1,440 non-taxable people who paid net tax of $0.

Compare TaxStats of 4660 with QLD

4660 TaxStats FY2013%Ppl#Ppl4660
Total Individuals100%3,610
Salary or Wage 69%2,500$43,821$109,553,527
Gross Interest56%2,015$2,425$4,886,208
Unfranked Dividends10%375$207$77,715
Franked Dividends23%825$3,100$2,557,434
Dividend Franking Credit23%825$1,329$1,096,806
Capital Gains5%165$12,439$2,052,479
Termination Payouts2%75$5,901$442,591
Tips/Directors Fees etc14%510$3,261$1,663,247
Business Income8%305$9,846$3,003,017
Foreign Income4%155$1,527$236,709
Government payments12%435$5,731$2,493,043
Government pensions10%345$9,544$3,292,660
Total Income or Loss100%3,605$41,150$148,345,676
Charitable Gifts26%925$264$244,426
Cost of Tax Affairs42%1,510$335$505,290
Work Car expenses18%645$2,456$1,584,123
Work Travel expenses5%180$3,604$648,739
Self Education expenses2%80$1,618$129,459
Total Deductions73%2,640$2,315$6,112,290
Taxable Income99%3,575$39,565$141,445,665
Medicare Levy 55%1,975$891$1,759,276
Medicare Surcharge 2%55$1,428$78,536
Gross Tax 69%2,495$9,936$24,790,504
Net Tax 59%2,135$11,534$24,624,756
Average Tax 100%3,610 $6,821$24,624,756
Gross Tax Rate 69%2,495 25%$24,790,504
Net Tax Rate 59%2,135 29%$24,624,756
Average Tax Rate 100%3,610 17%$24,624,756
%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 $39,565. It is estimated that the average taxable income for people who paid a net amount of tax was $58157.

The average net tax paid was $11,534. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 1,975 people for an average of $891. 55 people paid $1,428 on average more for the Medicare surcharge.

2,500 people earned a salary or wage and took home an average of $43,821 each.

Government allowance and payments were collected by 435 people for on average $5,731. 345 people received the pension or other allowance.

Charitable gifts and donations of an average of $264 were made by 925 people.

The costs of tax affairs for 1,510 people were claimed for $335 each.