TaxStats for postcode 4427 FY2013

Postcode 4427 includes Clifford, Yuleba, Yuleba North, Yuleba South in Queensland, and is in the federal electorate of Maranoa.

In FY 2013 the ATO recorded 200 individuals in postcode 4427. Of these people, 195 made a taxable income or loss. 145 of the population paid a gross amount of tax. After tax offsets, 130 people actually paid a net amount of tax. There were 65 non-taxable people who paid net tax of $0.

Compare TaxStats of 4427 with QLD

4427 TaxStats FY2013%Ppl#Ppl4427
Avg
4427
Total
Total Individuals100%200
Income
Salary or Wage 68%135$50,796$6,857,440
Gross Interest57%115$842$96,796
Unfranked Dividends8%15$371$5,570
Franked Dividends18%35$2,271$79,470
Dividend Franking Credit20%40$858$34,302
Capital Gains2%5$11,158$55,790
Termination Payouts2%5$1,704$8,522
Tips/Directors Fees etc15%30$4,062$121,870
Business Income20%40$19,335$773,396
Foreign Income2%5$384$1,918
Government payments5%10$4,886$48,861
Government pensions5%10$9,053$90,528
Total Income or Loss100%200$44,100$8,819,937
Deducations
Charitable Gifts15%30$196$5,873
Cost of Tax Affairs38%75$482$36,139
Work Car expenses12%25$2,908$72,707
Work Travel expenses8%15$9,072$136,087
Self Education expenses2%5$1,491$7,455
Total Deductions72%145$2,944$426,924
Taxation
Taxable Income98%195$39,854$7,771,452
Medicare Levy 62%125$870$108,795
Medicare Surcharge 2%5$180$898
Gross Tax 72%145$9,895$1,434,708
Net Tax 65%130$11,270$1,465,090
Average Tax 100%200 $7,325$1,465,090
Gross Tax Rate 72%145 25%$1,434,708
Net Tax Rate 65%130 28%$1,465,090
Average Tax Rate 100%200 18%$1,465,090
%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 $39,854. It is estimated that the average taxable income for people who paid a net amount of tax was $53780.

The average net tax paid was $11,270. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 125 people for an average of $870. 5 people paid $180 on average more for the Medicare surcharge.

135 people earned a salary or wage and took home an average of $50,796 each.

Government allowance and payments were collected by 10 people for on average $4,886. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $196 were made by 30 people.

The costs of tax affairs for 75 people were claimed for $482 each.