TaxStats for postcode 4514 FY2013

Postcode 4514 includes Bellthorpe, Cedarton, Commissioners Flat, D'Aguilar, D'Aguilar, Delaneys Creek, Mount Archer, Mount Delaney, Neurum, Stanmore, Stony Creek, Villeneuve, Woodford in Queensland, and is in the federal electorate of Longman.

In FY 2013 the ATO recorded 3,085 individuals in postcode 4514. Of these people, 3,045 made a taxable income or loss. 2,350 of the population paid a gross amount of tax. After tax offsets, 2,115 people actually paid a net amount of tax. There were 930 non-taxable people who paid net tax of $0.

Compare TaxStats of 4514 with QLD

4514 TaxStats FY2013%Ppl#Ppl4514
Total Individuals100%3,085
Salary or Wage 75%2,315$49,263$114,043,044
Gross Interest52%1,610$1,801$2,899,702
Unfranked Dividends7%220$187$41,049
Franked Dividends16%490$3,997$1,958,319
Dividend Franking Credit16%480$1,744$836,983
Capital Gains2%70$18,451$1,291,549
Termination Payouts2%75$4,929$369,648
Tips/Directors Fees etc16%495$3,642$1,802,713
Business Income12%360$11,617$4,181,946
Foreign Income3%95$374$35,502
Government payments8%255$5,499$1,402,353
Government pensions6%195$9,818$1,914,465
Total Income or Loss100%3,075$46,467$142,887,130
Charitable Gifts29%885$218$192,690
Cost of Tax Affairs51%1,565$350$547,213
Work Car expenses26%795$2,699$2,145,620
Work Travel expenses7%230$2,943$677,002
Self Education expenses3%90$1,389$124,967
Total Deductions80%2,475$2,717$6,723,762
Taxable Income99%3,045$44,492$135,478,055
Medicare Levy 65%2,010$884$1,777,371
Medicare Surcharge 2%65$1,182$76,852
Gross Tax 76%2,350$10,442$24,538,721
Net Tax 69%2,115$11,682$24,707,462
Average Tax 100%3,085 $8,009$24,707,462
Gross Tax Rate 76%2,350 23%$24,538,721
Net Tax Rate 69%2,115 26%$24,707,462
Average Tax Rate 100%3,085 18%$24,707,462
%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 $44,492. It is estimated that the average taxable income for people who paid a net amount of tax was $58779.

The average net tax paid was $11,682. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 2,010 people for an average of $884. 65 people paid $1,182 on average more for the Medicare surcharge.

2,315 people earned a salary or wage and took home an average of $49,263 each.

Government allowance and payments were collected by 255 people for on average $5,499. 195 people received the pension or other allowance.

Charitable gifts and donations of an average of $218 were made by 885 people.

The costs of tax affairs for 1,565 people were claimed for $350 each.