TaxStats for postcode 4383 FY2013

Postcode 4383 includes Jennings, Wallangarra in Queensland, and is in the federal electorate of New England.

In FY 2013 the ATO recorded 385 individuals in postcode 4383. Of these people, 385 made a taxable income or loss. 260 of the population paid a gross amount of tax. After tax offsets, 230 people actually paid a net amount of tax. There were 155 non-taxable people who paid net tax of $0.

Compare TaxStats of 4383 with QLD

4383 TaxStats FY2013%Ppl#Ppl4383
Avg
4383
Total
Total Individuals100%385
Income
Salary or Wage 86%330$31,790$10,490,633
Gross Interest57%220$1,071$235,636
Unfranked Dividends4%15$348$5,226
Franked Dividends8%30$2,173$65,201
Dividend Franking Credit8%30$931$27,934
Capital Gains1%5$2,697$13,486
Termination Payouts1%5$2,367$11,836
Tips/Directors Fees etc14%55$3,678$202,280
Business Income6%25$3,733$93,321
Foreign Income4%15$175$2,621
Government payments8%30$6,110$183,314
Government pensions5%20$8,976$179,523
Total Income or Loss100%385$31,526$12,137,434
Deducations
Charitable Gifts18%70$182$12,726
Cost of Tax Affairs36%140$262$36,736
Work Car expenses16%60$2,333$139,977
Work Travel expenses6%25$4,827$120,678
Self Education expenses3%10$2,093$20,928
Total Deductions69%265$1,951$516,970
Taxation
Taxable Income100%385$30,160$11,611,483
Medicare Levy 48%185$663$122,568
Medicare Surcharge 1%5$178$888
Gross Tax 68%260$5,523$1,436,078
Net Tax 60%230$6,137$1,411,488
Average Tax 100%385 $3,666$1,411,488
Gross Tax Rate 68%260 18%$1,436,078
Net Tax Rate 60%230 20%$1,411,488
Average Tax Rate 100%385 12%$1,411,488
%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 $30,160. It is estimated that the average taxable income for people who paid a net amount of tax was $42398.

The average net tax paid was $6,137. This equates to an average tax of 20 cents in the dollar on taxable income.

The Medicare levy was paid by 185 people for an average of $663. 5 people paid $178 on average more for the Medicare surcharge.

330 people earned a salary or wage and took home an average of $31,790 each.

Government allowance and payments were collected by 30 people for on average $6,110. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $182 were made by 70 people.

The costs of tax affairs for 140 people were claimed for $262 each.