TaxStats for postcode 4716 FY2013

Postcode 4716 includes Lawgi Dawes, Lawgi Dawes, Thangool in Queensland, and is in the federal electorate of Flynn.

In FY 2013 the ATO recorded 530 individuals in postcode 4716. Of these people, 520 made a taxable income or loss. 370 of the population paid a gross amount of tax. After tax offsets, 335 people actually paid a net amount of tax. There were 185 non-taxable people who paid net tax of $0.

Compare TaxStats of 4716 with QLD

4716 TaxStats FY2013%Ppl#Ppl4716
Avg
4716
Total
Total Individuals100%530
Income
Salary or Wage 72%380$64,017$24,326,595
Gross Interest58%305$2,300$701,593
Unfranked Dividends13%70$238$16,695
Franked Dividends25%130$2,516$327,095
Dividend Franking Credit25%130$1,078$140,166
Capital Gains5%25$6,170$154,253
Termination Payouts3%15$4,849$72,742
Tips/Directors Fees etc11%60$1,739$104,352
Business Income15%80$-19,579$-1,566,328
Foreign Income8%40$386$15,459
Government payments5%25$5,750$143,740
Government pensions5%25$10,415$260,386
Total Income or Loss100%530$47,852$25,361,577
Deducations
Charitable Gifts25%130$247$32,113
Cost of Tax Affairs30%160$267$42,737
Work Car expenses13%70$2,180$152,565
Work Travel expenses3%15$1,063$15,947
Self Education expenses3%15$1,249$18,729
Total Deductions73%385$2,348$904,042
Taxation
Taxable Income98%520$46,297$24,074,506
Medicare Levy 60%320$1,072$343,167
Medicare Surcharge 3%15$1,564$23,460
Gross Tax 70%370$14,128$5,227,199
Net Tax 63%335$16,077$5,385,911
Average Tax 100%530 $10,162$5,385,911
Gross Tax Rate 70%370 31%$5,227,199
Net Tax Rate 63%335 35%$5,385,911
Average Tax Rate 100%530 22%$5,385,911
%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 $46,297. It is estimated that the average taxable income for people who paid a net amount of tax was $65237.

The average net tax paid was $16,077. This equates to an average tax of 35 cents in the dollar on taxable income.

The Medicare levy was paid by 320 people for an average of $1,072. 15 people paid $1,564 on average more for the Medicare surcharge.

380 people earned a salary or wage and took home an average of $64,017 each.

Government allowance and payments were collected by 25 people for on average $5,750. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $247 were made by 130 people.

The costs of tax affairs for 160 people were claimed for $267 each.