TaxStats for postcode 4481 FY2013

Postcode 4481 includes Farrars Creek, Tanbar, Windorah in Queensland, and is in the federal electorate of Maranoa.

In FY 2013 the ATO recorded 85 individuals in postcode 4481. Of these people, 80 made a taxable income or loss. 65 of the population paid a gross amount of tax. After tax offsets, 60 people actually paid a net amount of tax. There were 20 non-taxable people who paid net tax of $0.

Compare TaxStats of 4481 with QLD

4481 TaxStats FY2013%Ppl#Ppl4481
Total Individuals100%85
Salary or Wage 76%65$45,209$2,938,562
Gross Interest59%50$796$39,784
Unfranked Dividends6%5$120$601
Franked Dividends12%10$365$3,649
Dividend Franking Credit12%10$156$1,564
Capital Gains6%5$6,103$30,517
Termination Payouts6%5$10,941$54,703
Tips/Directors Fees etc18%15$6,141$92,111
Business Income24%20$17,411$348,223
Foreign Income6%5$8,841$44,204
Government payments6%5$2,535$12,673
Government pensions%0$$0
Total Income or Loss100%85$39,970$3,397,458
Charitable Gifts24%20$374$7,488
Cost of Tax Affairs53%45$407$18,313
Work Car expenses18%15$2,076$31,144
Work Travel expenses6%5$1,853$9,267
Self Education expenses6%5$1,053$5,267
Total Deductions88%75$2,804$210,285
Taxable Income94%80$38,406$3,072,481
Medicare Levy 71%60$789$47,351
Medicare Surcharge 6%5$228$1,138
Gross Tax 76%65$8,985$584,034
Net Tax 71%60$8,317$499,027
Average Tax 100%85 $5,871$499,027
Gross Tax Rate 76%65 23%$584,034
Net Tax Rate 71%60 22%$499,027
Average Tax Rate 100%85 15%$499,027
%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 $38,406. It is estimated that the average taxable income for people who paid a net amount of tax was $47208.

The average net tax paid was $8,317. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 60 people for an average of $789. 5 people paid $228 on average more for the Medicare surcharge.

65 people earned a salary or wage and took home an average of $45,209 each.

Government allowance and payments were collected by 5 people for on average $2,535. 0 people received the pension or other allowance.

Charitable gifts and donations of an average of $374 were made by 20 people.

The costs of tax affairs for 45 people were claimed for $407 each.