TaxStats for postcode 4357 FY2013

Postcode 4357 includes Bringalily, Bulli Creek, Canning Creek, Captains Mountain, Clontarf, Condamine Farms, Cypress Gardens, Domville, Forest Ridge, Grays Gate, Kooroongarra, Lavelle, Lemontree, Millmerran, Millmerran Downs, Millmerran Woods, Millwood, Mount Emlyn, Punchs Creek, Rocky Creek, Stonehenge, The Pines, Turallin, Wattle Ridge, Western Creek, Woondul in Queensland, and is in the federal electorate of Maranoa.

In FY 2013 the ATO recorded 1,495 individuals in postcode 4357. Of these people, 1,460 made a taxable income or loss. 1,085 of the population paid a gross amount of tax. After tax offsets, 980 people actually paid a net amount of tax. There were 480 non-taxable people who paid net tax of $0.

Compare TaxStats of 4357 with QLD

4357 TaxStats FY2013%Ppl#Ppl4357
Avg
4357
Total
Total Individuals100%1,495
Income
Salary or Wage 74%1,100$46,555$51,210,844
Gross Interest59%880$1,495$1,315,359
Unfranked Dividends11%170$319$54,253
Franked Dividends21%310$4,718$1,462,690
Dividend Franking Credit21%310$2,023$626,992
Capital Gains3%50$7,788$389,413
Termination Payouts1%20$4,471$89,412
Tips/Directors Fees etc19%285$2,485$708,220
Business Income9%135$4,995$674,351
Foreign Income5%80$237$18,959
Government payments6%90$4,656$419,080
Government pensions6%90$9,876$888,827
Total Income or Loss99%1,485$42,456$63,046,989
Deducations
Charitable Gifts22%325$341$110,845
Cost of Tax Affairs41%620$317$196,424
Work Car expenses22%335$2,522$844,721
Work Travel expenses7%100$2,995$299,534
Self Education expenses2%35$1,367$47,832
Total Deductions75%1,120$2,688$3,010,303
Taxation
Taxable Income98%1,460$40,066$58,496,875
Medicare Levy 61%915$856$783,589
Medicare Surcharge 1%15$995$14,920
Gross Tax 73%1,085$9,691$10,514,637
Net Tax 66%980$10,863$10,645,467
Average Tax 100%1,495 $7,121$10,645,467
Gross Tax Rate 73%1,085 24%$10,514,637
Net Tax Rate 66%980 27%$10,645,467
Average Tax Rate 100%1,495 18%$10,645,467
%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 $40,066. It is estimated that the average taxable income for people who paid a net amount of tax was $53813.

The average net tax paid was $10,863. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 915 people for an average of $856. 15 people paid $995 on average more for the Medicare surcharge.

1,100 people earned a salary or wage and took home an average of $46,555 each.

Government allowance and payments were collected by 90 people for on average $4,656. 90 people received the pension or other allowance.

Charitable gifts and donations of an average of $341 were made by 325 people.

The costs of tax affairs for 620 people were claimed for $317 each.