TaxStats for postcode 4309 FY2013

Postcode 4309 includes Aratula, Charlwood, Clumber, Fassifern, Fassifern Valley, Frazerview, Kalbar, Kents Lagoon, Kulgun, Milora, Moogerah, Morwincha, Mount Edwards, Munbilla, Obum Obum, Tarome, Teviotville in Queensland, and is in the federal electorate of Wright.

In FY 2013 the ATO recorded 1,540 individuals in postcode 4309. Of these people, 1,520 made a taxable income or loss. 1,135 of the population paid a gross amount of tax. After tax offsets, 995 people actually paid a net amount of tax. There were 525 non-taxable people who paid net tax of $0.

Compare TaxStats of 4309 with QLD

4309 TaxStats FY2013%Ppl#Ppl4309
Total Individuals100%1,540
Salary or Wage 74%1,135$46,477$52,751,153
Gross Interest56%865$1,674$1,447,926
Unfranked Dividends9%135$286$38,575
Franked Dividends19%300$3,537$1,061,114
Dividend Franking Credit19%300$1,517$454,984
Capital Gains4%55$9,360$514,809
Termination Payouts2%30$24,773$743,189
Tips/Directors Fees etc17%260$2,614$679,632
Business Income11%170$2,277$387,014
Foreign Income4%60$416$24,971
Government payments5%80$5,639$451,159
Government pensions8%120$8,939$1,072,682
Total Income or Loss100%1,535$43,536$66,828,268
Charitable Gifts34%520$271$140,755
Cost of Tax Affairs42%640$280$179,036
Work Car expenses21%330$2,540$838,112
Work Travel expenses7%115$3,497$402,111
Self Education expenses2%30$1,293$38,794
Total Deductions78%1,205$2,433$2,931,317
Taxable Income99%1,520$40,982$62,293,195
Medicare Levy 61%945$851$804,137
Medicare Surcharge 1%15$1,336$20,042
Gross Tax 74%1,135$9,671$10,976,123
Net Tax 65%995$10,900$10,845,484
Average Tax 100%1,540 $7,043$10,845,484
Gross Tax Rate 74%1,135 24%$10,976,123
Net Tax Rate 65%995 27%$10,845,484
Average Tax Rate 100%1,540 17%$10,845,484
%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 $40,982. It is estimated that the average taxable income for people who paid a net amount of tax was $56275.

The average net tax paid was $10,900. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 945 people for an average of $851. 15 people paid $1,336 on average more for the Medicare surcharge.

1,135 people earned a salary or wage and took home an average of $46,477 each.

Government allowance and payments were collected by 80 people for on average $5,639. 120 people received the pension or other allowance.

Charitable gifts and donations of an average of $271 were made by 520 people.

The costs of tax affairs for 640 people were claimed for $280 each.