TaxStats for postcode 4754 FY2013

Postcode 4754 includes Benholme, Dows Creek, Mia Mia, Mirani, Mount Martin, Pinevale, Septimus in Queensland, and is in the federal electorate of Capricornia.

In FY 2013 the ATO recorded 1,280 individuals in postcode 4754. Of these people, 1,265 made a taxable income or loss. 1,080 of the population paid a gross amount of tax. After tax offsets, 1,010 people actually paid a net amount of tax. There were 255 non-taxable people who paid net tax of $0.

Compare TaxStats of 4754 with QLD

4754 TaxStats FY2013%Ppl#Ppl4754
Avg
4754
Total
Total Individuals100%1,280
Income
Salary or Wage 83%1,065$65,333$69,579,774
Gross Interest50%640$1,777$1,137,535
Unfranked Dividends10%125$184$22,973
Franked Dividends20%250$4,336$1,083,905
Dividend Franking Credit20%250$1,859$464,770
Capital Gains3%40$8,922$356,863
Termination Payouts4%50$9,370$468,516
Tips/Directors Fees etc20%255$2,552$650,757
Business Income7%85$21,017$1,786,454
Foreign Income4%55$186$10,240
Government payments4%55$2,991$164,510
Government pensions4%55$9,234$507,876
Total Income or Loss100%1,275$65,177$83,100,422
Deducations
Charitable Gifts30%385$185$71,255
Cost of Tax Affairs50%635$290$184,145
Work Car expenses21%270$2,748$741,938
Work Travel expenses5%65$2,989$194,257
Self Education expenses4%45$1,234$55,527
Total Deductions86%1,100$2,530$2,782,562
Taxation
Taxable Income99%1,265$63,252$80,013,966
Medicare Levy 77%990$1,149$1,137,558
Medicare Surcharge 4%45$1,367$61,533
Gross Tax 84%1,080$16,492$17,811,015
Net Tax 79%1,010$17,945$18,123,978
Average Tax 100%1,280 $14,159$18,123,978
Gross Tax Rate 84%1,080 26%$17,811,015
Net Tax Rate 79%1,010 28%$18,123,978
Average Tax Rate 100%1,280 22%$18,123,978
%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 $63,252. It is estimated that the average taxable income for people who paid a net amount of tax was $76192.

The average net tax paid was $17,945. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 990 people for an average of $1,149. 45 people paid $1,367 on average more for the Medicare surcharge.

1,065 people earned a salary or wage and took home an average of $65,333 each.

Government allowance and payments were collected by 55 people for on average $2,991. 55 people received the pension or other allowance.

Charitable gifts and donations of an average of $185 were made by 385 people.

The costs of tax affairs for 635 people were claimed for $290 each.