TaxStats for postcode 4275 FY2013

Postcode 4275 includes Benobble, Biddaddaba, Boyland, Canungra, Ferny Glen, Flying Fox, Illinbah, Lamington National Park, Sarabah, Witheren, Wonglepong in Queensland, and is in the federal electorate of Wright.

In FY 2013 the ATO recorded 1,835 individuals in postcode 4275. Of these people, 1,815 made a taxable income or loss. 1,420 of the population paid a gross amount of tax. After tax offsets, 1,295 people actually paid a net amount of tax. There were 520 non-taxable people who paid net tax of $0.

Compare TaxStats of 4275 with QLD

4275 TaxStats FY2013%Ppl#Ppl4275
Avg
4275
Total
Total Individuals100%1,835
Income
Salary or Wage 74%1,360$51,315$69,788,435
Gross Interest52%960$1,854$1,780,095
Unfranked Dividends7%135$724$97,799
Franked Dividends17%310$6,262$1,941,139
Dividend Franking Credit17%310$2,683$831,839
Capital Gains3%55$12,334$678,360
Termination Payouts2%30$3,502$105,066
Tips/Directors Fees etc18%335$4,457$1,493,258
Business Income12%220$10,629$2,338,336
Foreign Income5%85$1,336$113,595
Government payments6%115$5,241$602,702
Government pensions4%75$9,180$688,509
Total Income or Loss99%1,825$48,614$88,720,505
Deducations
Charitable Gifts30%550$231$127,181
Cost of Tax Affairs50%920$327$300,916
Work Car expenses29%530$2,752$1,458,493
Work Travel expenses11%205$2,593$531,515
Self Education expenses4%70$1,614$113,010
Total Deductions81%1,495$3,047$4,554,892
Taxation
Taxable Income99%1,815$46,189$83,832,641
Medicare Levy 67%1,225$903$1,106,614
Medicare Surcharge 2%30$1,492$44,760
Gross Tax 77%1,420$11,169$15,859,413
Net Tax 71%1,295$12,557$16,260,946
Average Tax 100%1,835 $8,862$16,260,946
Gross Tax Rate 77%1,420 24%$15,859,413
Net Tax Rate 71%1,295 27%$16,260,946
Average Tax Rate 100%1,835 19%$16,260,946
%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 $46,189. It is estimated that the average taxable income for people who paid a net amount of tax was $59917.

The average net tax paid was $12,557. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 1,225 people for an average of $903. 30 people paid $1,492 on average more for the Medicare surcharge.

1,360 people earned a salary or wage and took home an average of $51,315 each.

Government allowance and payments were collected by 115 people for on average $5,241. 75 people received the pension or other allowance.

Charitable gifts and donations of an average of $231 were made by 550 people.

The costs of tax affairs for 920 people were claimed for $327 each.