TaxStats for postcode 4671 FY2013

Postcode 4671 includes Boolboonda, Booyal, Bullyard, Bungadoo, Dalysford, Damascus, Delan, Doughboy, Drinan, Duingal, Gaeta, Gin Gin, Good Night, Horse Camp, Kolonga, Lake Monduran, Maroondan, Mcilwraith, Molangul, Monduran, Moolboolaman, Morganville, Mount Perry, Mungy, Nearum, New Moonta, Redhill Farms, Skyring Reserve, St Agnes, St Kilda, Takilberan, Tirroan, Wallaville, Wonbah, Wonbah Forest in Queensland, and is in the federal electorate of Flynn.

In FY 2013 the ATO recorded 2,750 individuals in postcode 4671. Of these people, 2,710 made a taxable income or loss. 1,855 of the population paid a gross amount of tax. After tax offsets, 1,605 people actually paid a net amount of tax. There were 1,105 non-taxable people who paid net tax of $0.

Compare TaxStats of 4671 with QLD

4671 TaxStats FY2013%Ppl#Ppl4671
Total Individuals100%2,750
Salary or Wage 71%1,940$47,002$91,184,830
Gross Interest50%1,385$1,358$1,881,457
Unfranked Dividends10%275$183$50,383
Franked Dividends16%435$2,732$1,188,413
Dividend Franking Credit16%430$1,183$508,526
Capital Gains3%90$15,514$1,396,231
Termination Payouts2%65$5,480$356,193
Tips/Directors Fees etc12%340$3,538$1,202,803
Business Income11%310$-5,508$-1,707,347
Foreign Income3%85$661$56,179
Government payments14%375$5,753$2,157,357
Government pensions8%230$10,253$2,358,205
Total Income or Loss99%2,735$40,805$111,602,456
Charitable Gifts25%675$185$124,886
Cost of Tax Affairs45%1,240$270$334,361
Work Car expenses20%550$2,277$1,252,303
Work Travel expenses7%200$2,819$563,781
Self Education expenses3%85$1,046$88,942
Total Deductions73%2,015$2,193$4,418,654
Taxable Income99%2,710$39,245$106,355,185
Medicare Levy 55%1,500$906$1,358,302
Medicare Surcharge 2%45$1,424$64,067
Gross Tax 67%1,855$10,520$19,514,984
Net Tax 58%1,605$12,052$19,344,238
Average Tax 100%2,750 $7,034$19,344,238
Gross Tax Rate 67%1,855 27%$19,514,984
Net Tax Rate 58%1,605 31%$19,344,238
Average Tax Rate 100%2,750 18%$19,344,238
%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 $39,245. It is estimated that the average taxable income for people who paid a net amount of tax was $58003.

The average net tax paid was $12,052. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 1,500 people for an average of $906. 45 people paid $1,424 on average more for the Medicare surcharge.

1,940 people earned a salary or wage and took home an average of $47,002 each.

Government allowance and payments were collected by 375 people for on average $5,753. 230 people received the pension or other allowance.

Charitable gifts and donations of an average of $185 were made by 675 people.

The costs of tax affairs for 1,240 people were claimed for $270 each.