TaxStats for postcode 4474 FY2013

Postcode 4474 includes Adavale in Queensland, and is in the federal electorate of Maranoa.

In FY 2013 the ATO recorded 30 individuals in postcode 4474. Of these people, 30 made a taxable income or loss. 20 of the population paid a gross amount of tax. After tax offsets, 15 people actually paid a net amount of tax. There were 15 non-taxable people who paid net tax of $0.

Compare TaxStats of 4474 with QLD

4474 TaxStats FY2013%Ppl#Ppl4474
Avg
4474
Total
Total Individuals100%30
Income
Salary or Wage 50%15$57,316$859,736
Gross Interest67%20$1,679$33,572
Unfranked Dividends17%5$177$884
Franked Dividends17%5$6,332$31,658
Dividend Franking Credit17%5$2,713$13,566
Capital Gains17%5$1,605$8,027
Termination Payouts17%5$18,087$90,436
Tips/Directors Fees etc17%5$250$1,251
Business Income17%5$2,461$12,306
Foreign Income17%5$333$1,666
Government payments17%5$2,940$14,699
Government pensions17%5$6,256$31,281
Total Income or Loss100%30$51,222$1,536,672
Deducations
Charitable Gifts33%10$188$1,883
Cost of Tax Affairs33%10$142$1,420
Work Car expenses%0$$0
Work Travel expenses17%5$1,030$5,151
Self Education expenses%0$$0
Total Deductions50%15$2,997$44,955
Taxation
Taxable Income100%30$49,705$1,491,157
Medicare Levy 50%15$1,493$22,394
Medicare Surcharge 17%5$304$1,522
Gross Tax 67%20$21,354$427,070
Net Tax 50%15$28,063$420,948
Average Tax 100%30 $14,032$420,948
Gross Tax Rate 67%20 43%$427,070
Net Tax Rate 50%15 56%$420,948
Average Tax Rate 100%30 28%$420,948
%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 $49,705. It is estimated that the average taxable income for people who paid a net amount of tax was $87410.

The average net tax paid was $28,063. This equates to an average tax of 56 cents in the dollar on taxable income.

The Medicare levy was paid by 15 people for an average of $1,493. 5 people paid $304 on average more for the Medicare surcharge.

15 people earned a salary or wage and took home an average of $57,316 each.

Government allowance and payments were collected by 5 people for on average $2,940. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $188 were made by 10 people.

The costs of tax affairs for 10 people were claimed for $142 each.