TaxStats for postcode 4426 FY2013

Postcode 4426 includes Jackson, Jackson North, Jackson South in Queensland, and is in the federal electorate of Maranoa.

In FY 2013 the ATO recorded 55 individuals in postcode 4426. Of these people, 55 made a taxable income or loss. 30 of the population paid a gross amount of tax. After tax offsets, 25 people actually paid a net amount of tax. There were 30 non-taxable people who paid net tax of $0.

Compare TaxStats of 4426 with QLD

4426 TaxStats FY2013%Ppl#Ppl4426
Avg
4426
Total
Total Individuals100%55
Income
Salary or Wage 55%30$39,887$1,196,612
Gross Interest55%30$1,682$50,453
Unfranked Dividends9%5$36$178
Franked Dividends18%10$198$1,975
Dividend Franking Credit18%10$84$844
Capital Gains9%5$423$2,113
Termination Payouts9%5$17$87
Tips/Directors Fees etc18%10$2,309$23,092
Business Income27%15$-19,722$-295,837
Foreign Income9%5$93$466
Government payments9%5$362$1,810
Government pensions9%5$12,961$64,807
Total Income or Loss100%55$28,007$1,540,383
Deducations
Charitable Gifts18%10$134$1,340
Cost of Tax Affairs18%10$204$2,035
Work Car expenses9%5$5,348$26,742
Work Travel expenses9%5$1,672$8,362
Self Education expenses%0$$0
Total Deductions55%30$3,040$91,205
Taxation
Taxable Income100%55$23,092$1,270,060
Medicare Levy 45%25$736$18,397
Medicare Surcharge 9%5$268$1,340
Gross Tax 55%30$8,090$242,696
Net Tax 45%25$9,348$233,697
Average Tax 100%55 $4,249$233,697
Gross Tax Rate 55%30 35%$242,696
Net Tax Rate 45%25 40%$233,697
Average Tax Rate 100%55 18%$233,697
%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 $23,092. It is estimated that the average taxable income for people who paid a net amount of tax was $36402.

The average net tax paid was $9,348. This equates to an average tax of 40 cents in the dollar on taxable income.

The Medicare levy was paid by 25 people for an average of $736. 5 people paid $268 on average more for the Medicare surcharge.

30 people earned a salary or wage and took home an average of $39,887 each.

Government allowance and payments were collected by 5 people for on average $362. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $134 were made by 10 people.

The costs of tax affairs for 10 people were claimed for $204 each.