TaxStats for postcode 4421 FY2013

Postcode 4421 includes Goranba, Tara in Queensland, and is in the federal electorate of Maranoa.

In FY 2013 the ATO recorded 1,050 individuals in postcode 4421. Of these people, 1,025 made a taxable income or loss. 790 of the population paid a gross amount of tax. After tax offsets, 715 people actually paid a net amount of tax. There were 310 non-taxable people who paid net tax of $0.

Compare TaxStats of 4421 with QLD

4421 TaxStats FY2013%Ppl#Ppl4421
Total Individuals100%1,050
Salary or Wage 75%785$47,726$37,464,964
Gross Interest53%560$1,479$828,475
Unfranked Dividends8%85$383$32,558
Franked Dividends19%195$2,728$531,988
Dividend Franking Credit18%190$1,200$227,923
Capital Gains2%25$6,416$160,398
Termination Payouts3%35$2,921$102,244
Tips/Directors Fees etc27%285$1,472$419,404
Business Income10%105$6,044$634,628
Foreign Income5%50$1,890$94,475
Government payments11%120$5,178$621,364
Government pensions8%85$10,042$853,539
Total Income or Loss100%1,045$45,052$47,079,462
Charitable Gifts20%210$211$44,216
Cost of Tax Affairs37%390$322$125,388
Work Car expenses20%205$2,466$505,593
Work Travel expenses10%100$1,923$192,284
Self Education expenses3%30$1,777$53,301
Total Deductions77%810$2,334$1,890,794
Taxable Income98%1,025$43,333$44,415,924
Medicare Levy 64%670$900$603,287
Medicare Surcharge 2%25$1,151$28,781
Gross Tax 75%790$10,750$8,492,662
Net Tax 68%715$12,013$8,589,166
Average Tax 100%1,050 $8,180$8,589,166
Gross Tax Rate 75%790 25%$8,492,662
Net Tax Rate 68%715 28%$8,589,166
Average Tax Rate 100%1,050 19%$8,589,166
%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 $43,333. It is estimated that the average taxable income for people who paid a net amount of tax was $56917.

The average net tax paid was $12,013. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 670 people for an average of $900. 25 people paid $1,151 on average more for the Medicare surcharge.

785 people earned a salary or wage and took home an average of $47,726 each.

Government allowance and payments were collected by 120 people for on average $5,178. 85 people received the pension or other allowance.

Charitable gifts and donations of an average of $211 were made by 210 people.

The costs of tax affairs for 390 people were claimed for $322 each.