TaxStats for postcode 4724 FY2013

Postcode 4724 includes Alpha, Beaufort, Drummondslope, Hobartville, Pine Hill, Port Wine, Sedgeford, Surbiton in Queensland, and is in the federal electorate of Maranoa.

In FY 2013 the ATO recorded 430 individuals in postcode 4724. Of these people, 415 made a taxable income or loss. 315 of the population paid a gross amount of tax. After tax offsets, 290 people actually paid a net amount of tax. There were 125 non-taxable people who paid net tax of $0.

Compare TaxStats of 4724 with QLD

4724 TaxStats FY2013%Ppl#Ppl4724
Total Individuals100%430
Salary or Wage 62%265$44,981$11,919,978
Gross Interest60%260$2,361$613,759
Unfranked Dividends13%55$269$14,798
Franked Dividends23%100$2,125$212,462
Dividend Franking Credit23%100$910$91,030
Capital Gains5%20$12,422$248,432
Termination Payouts2%10$6,447$64,473
Tips/Directors Fees etc12%50$4,367$218,339
Business Income19%80$15,526$1,242,076
Foreign Income5%20$199$3,977
Government payments3%15$4,387$65,804
Government pensions5%20$9,618$192,362
Total Income or Loss100%430$40,878$17,577,584
Charitable Gifts21%90$170$15,342
Cost of Tax Affairs41%175$404$70,676
Work Car expenses13%55$2,484$136,607
Work Travel expenses5%20$1,695$33,906
Self Education expenses2%10$2,088$20,885
Total Deductions74%320$2,703$864,928
Taxable Income97%415$38,082$15,804,056
Medicare Levy 64%275$849$233,588
Medicare Surcharge 1%5$1,443$7,216
Gross Tax 73%315$9,910$3,121,634
Net Tax 67%290$10,837$3,142,782
Average Tax 100%430 $7,309$3,142,782
Gross Tax Rate 73%315 26%$3,121,634
Net Tax Rate 67%290 28%$3,142,782
Average Tax Rate 100%430 19%$3,142,782
%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 $38,082. It is estimated that the average taxable income for people who paid a net amount of tax was $49324.

The average net tax paid was $10,837. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 275 people for an average of $849. 5 people paid $1,443 on average more for the Medicare surcharge.

265 people earned a salary or wage and took home an average of $44,981 each.

Government allowance and payments were collected by 15 people for on average $4,387. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $170 were made by 90 people.

The costs of tax affairs for 175 people were claimed for $404 each.