TaxStats for postcode 4731 FY2013

Postcode 4731 includes Isisford in Queensland, and is in the federal electorate of Maranoa.

In FY 2013 the ATO recorded 115 individuals in postcode 4731. Of these people, 110 made a taxable income or loss. 90 of the population paid a gross amount of tax. After tax offsets, 85 people actually paid a net amount of tax. There were 25 non-taxable people who paid net tax of $0.

Compare TaxStats of 4731 with QLD

4731 TaxStats FY2013%Ppl#Ppl4731
Avg
4731
Total
Total Individuals100%115
Income
Salary or Wage 65%75$44,666$3,349,961
Gross Interest61%70$1,454$101,765
Unfranked Dividends13%15$519$7,791
Franked Dividends26%30$5,502$165,075
Dividend Franking Credit26%30$2,358$70,743
Capital Gains4%5$56$278
Termination Payouts4%5$1,057$5,283
Tips/Directors Fees etc17%20$3,295$65,906
Business Income22%25$9,619$240,483
Foreign Income4%5$267$1,335
Government payments4%5$5,015$25,075
Government pensions4%5$10,746$53,729
Total Income or Loss100%115$44,174$5,080,026
Deducations
Charitable Gifts17%20$69$1,371
Cost of Tax Affairs43%50$453$22,646
Work Car expenses22%25$2,591$64,764
Work Travel expenses13%15$2,728$40,923
Self Education expenses4%5$101$507
Total Deductions74%85$3,436$292,098
Taxation
Taxable Income96%110$41,384$4,552,193
Medicare Levy 65%75$783$58,689
Medicare Surcharge %0$$0
Gross Tax 78%90$7,970$717,262
Net Tax 74%85$8,039$683,355
Average Tax 100%115 $5,942$683,355
Gross Tax Rate 78%90 19%$717,262
Net Tax Rate 74%85 19%$683,355
Average Tax Rate 100%115 14%$683,355
%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 $41,384. It is estimated that the average taxable income for people who paid a net amount of tax was $50026.

The average net tax paid was $8,039. This equates to an average tax of 19 cents in the dollar on taxable income.

The Medicare levy was paid by 75 people for an average of $783.

75 people earned a salary or wage and took home an average of $44,666 each.

Government allowance and payments were collected by 5 people for on average $5,015. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $69 were made by 20 people.

The costs of tax affairs for 50 people were claimed for $453 each.