TaxStats for postcode 4287 FY2013

Postcode 4287 includes Barney View, Mount Barney, Mount Lindesay, Palen Creek, Rathdowney, Running Creek in Queensland, and is in the federal electorate of Wright.

In FY 2013 the ATO recorded 360 individuals in postcode 4287. Of these people, 355 made a taxable income or loss. 240 of the population paid a gross amount of tax. After tax offsets, 200 people actually paid a net amount of tax. There were 155 non-taxable people who paid net tax of $0.

Compare TaxStats of 4287 with QLD

4287 TaxStats FY2013%Ppl#Ppl4287
Avg
4287
Total
Total Individuals100%360
Income
Salary or Wage 65%235$39,301$9,235,751
Gross Interest57%205$3,556$728,953
Unfranked Dividends12%45$266$11,973
Franked Dividends22%80$2,441$195,305
Dividend Franking Credit22%80$1,046$83,671
Capital Gains4%15$6,889$103,329
Termination Payouts1%5$2,560$12,798
Tips/Directors Fees etc17%60$3,650$218,993
Business Income18%65$-3,207$-208,478
Foreign Income7%25$278$6,949
Government payments8%30$6,100$182,985
Government pensions7%25$12,952$323,812
Total Income or Loss99%355$32,653$11,591,891
Deducations
Charitable Gifts26%95$498$47,282
Cost of Tax Affairs50%180$308$55,407
Work Car expenses21%75$2,419$181,397
Work Travel expenses6%20$2,103$42,057
Self Education expenses1%5$946$4,729
Total Deductions74%265$2,653$702,987
Taxation
Taxable Income99%355$30,552$10,846,129
Medicare Levy 53%190$736$139,890
Medicare Surcharge 1%5$1,519$7,597
Gross Tax 67%240$7,021$1,685,133
Net Tax 56%200$8,064$1,612,795
Average Tax 100%360 $4,480$1,612,795
Gross Tax Rate 67%240 23%$1,685,133
Net Tax Rate 56%200 26%$1,612,795
Average Tax Rate 100%360 15%$1,612,795
%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 $30,552. It is estimated that the average taxable income for people who paid a net amount of tax was $44931.

The average net tax paid was $8,064. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 190 people for an average of $736. 5 people paid $1,519 on average more for the Medicare surcharge.

235 people earned a salary or wage and took home an average of $39,301 each.

Government allowance and payments were collected by 30 people for on average $6,100. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $498 were made by 95 people.

The costs of tax affairs for 180 people were claimed for $308 each.