TaxStats for postcode 4512 FY2013

Postcode 4512 includes Bracalba, Wamuran, Wamuran Basin in Queensland, and is in the federal electorate of Longman.

In FY 2013 the ATO recorded 2,015 individuals in postcode 4512. Of these people, 2,000 made a taxable income or loss. 1,455 of the population paid a gross amount of tax. After tax offsets, 1,355 people actually paid a net amount of tax. There were 645 non-taxable people who paid net tax of $0.

Compare TaxStats of 4512 with QLD

4512 TaxStats FY2013%Ppl#Ppl4512
Total Individuals100%2,015
Salary or Wage 78%1,575$47,303$74,502,610
Gross Interest54%1,080$1,777$1,919,680
Unfranked Dividends8%165$364$60,033
Franked Dividends17%340$9,051$3,077,362
Dividend Franking Credit17%340$3,879$1,318,864
Capital Gains4%80$5,323$425,833
Termination Payouts2%40$7,189$287,555
Tips/Directors Fees etc17%340$3,038$1,033,022
Business Income9%185$18,439$3,411,197
Foreign Income5%105$193$20,241
Government payments5%110$5,309$583,964
Government pensions4%80$8,665$693,210
Total Income or Loss100%2,010$49,609$99,714,459
Charitable Gifts25%510$317$161,842
Cost of Tax Affairs45%910$652$593,735
Work Car expenses23%455$2,980$1,355,735
Work Travel expenses8%165$3,208$529,402
Self Education expenses2%50$1,318$65,913
Total Deductions76%1,525$3,365$5,131,394
Taxable Income99%2,000$47,023$94,046,737
Medicare Levy 65%1,300$978$1,271,792
Medicare Surcharge 2%40$1,562$62,479
Gross Tax 72%1,455$13,039$18,971,607
Net Tax 67%1,355$14,075$19,071,538
Average Tax 100%2,015 $9,465$19,071,538
Gross Tax Rate 72%1,455 28%$18,971,607
Net Tax Rate 67%1,355 30%$19,071,538
Average Tax Rate 100%2,015 20%$19,071,538
%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 $47,023. It is estimated that the average taxable income for people who paid a net amount of tax was $63695.

The average net tax paid was $14,075. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 1,300 people for an average of $978. 40 people paid $1,562 on average more for the Medicare surcharge.

1,575 people earned a salary or wage and took home an average of $47,303 each.

Government allowance and payments were collected by 110 people for on average $5,309. 80 people received the pension or other allowance.

Charitable gifts and donations of an average of $317 were made by 510 people.

The costs of tax affairs for 910 people were claimed for $652 each.