TaxStats for postcode 4418 FY2013

Postcode 4418 includes Guluguba in Queensland, and is in the federal electorate of Maranoa.

In FY 2013 the ATO recorded 70 individuals in postcode 4418. Of these people, 65 made a taxable income or loss. 45 of the population paid a gross amount of tax. After tax offsets, 40 people actually paid a net amount of tax. There were 25 non-taxable people who paid net tax of $0.

Compare TaxStats of 4418 with QLD

4418 TaxStats FY2013%Ppl#Ppl4418
Avg
4418
Total
Total Individuals100%70
Income
Salary or Wage 50%35$43,507$1,522,736
Gross Interest64%45$2,407$108,317
Unfranked Dividends14%10$2,007$20,067
Franked Dividends21%15$9,656$144,847
Dividend Franking Credit21%15$4,138$62,075
Capital Gains7%5$2,976$14,881
Termination Payouts%0$$0
Tips/Directors Fees etc7%5$10,580$52,902
Business Income14%10$10,293$102,931
Foreign Income7%5$224$1,121
Government payments7%5$1,632$8,161
Government pensions7%5$14,497$72,483
Total Income or Loss100%70$38,175$2,672,232
Deducations
Charitable Gifts21%15$418$6,266
Cost of Tax Affairs21%15$1,734$26,006
Work Car expenses7%5$1,735$8,675
Work Travel expenses7%5$3,986$19,929
Self Education expenses7%5$768$3,841
Total Deductions64%45$3,238$145,702
Taxation
Taxable Income93%65$38,427$2,497,732
Medicare Levy 50%35$948$33,193
Medicare Surcharge 7%5$476$2,382
Gross Tax 64%45$12,024$541,082
Net Tax 57%40$13,659$546,348
Average Tax 100%70 $7,805$546,348
Gross Tax Rate 64%45 31%$541,082
Net Tax Rate 57%40 36%$546,348
Average Tax Rate 100%70 20%$546,348
%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 $38,427. It is estimated that the average taxable income for people who paid a net amount of tax was $54943.

The average net tax paid was $13,659. This equates to an average tax of 36 cents in the dollar on taxable income.

The Medicare levy was paid by 35 people for an average of $948. 5 people paid $476 on average more for the Medicare surcharge.

35 people earned a salary or wage and took home an average of $43,507 each.

Government allowance and payments were collected by 5 people for on average $1,632. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $418 were made by 15 people.

The costs of tax affairs for 15 people were claimed for $1,734 each.