TaxStats for postcode 4568 FY2013

Postcode 4568 includes Federal, Pinbarren, Pomona in Queensland, and is in the federal electorate of Wide Bay.

In FY 2013 the ATO recorded 2,010 individuals in postcode 4568. Of these people, 1,985 made a taxable income or loss. 1,490 of the population paid a gross amount of tax. After tax offsets, 1,310 people actually paid a net amount of tax. There were 675 non-taxable people who paid net tax of $0.

Compare TaxStats of 4568 with QLD

4568 TaxStats FY2013%Ppl#Ppl4568
Total Individuals100%2,010
Salary or Wage 70%1,400$46,472$65,060,279
Gross Interest55%1,105$2,020$2,232,493
Unfranked Dividends7%145$509$73,855
Franked Dividends19%375$5,494$2,060,339
Dividend Franking Credit19%375$2,354$882,796
Capital Gains4%80$8,303$664,236
Termination Payouts2%35$7,841$274,443
Tips/Directors Fees etc18%370$2,771$1,025,112
Business Income13%265$11,768$3,118,576
Foreign Income5%105$1,736$182,263
Government payments11%220$5,528$1,216,134
Government pensions7%145$9,916$1,437,829
Total Income or Loss100%2,000$44,622$89,243,502
Charitable Gifts26%525$292$153,079
Cost of Tax Affairs48%955$341$325,647
Work Car expenses21%430$2,313$994,464
Work Travel expenses8%155$1,865$289,089
Self Education expenses3%70$1,199$83,940
Total Deductions78%1,570$2,348$3,686,917
Taxable Income99%1,985$42,940$85,235,559
Medicare Levy 62%1,245$877$1,092,072
Medicare Surcharge 1%30$1,221$36,639
Gross Tax 74%1,490$10,216$15,222,371
Net Tax 65%1,310$11,424$14,965,359
Average Tax 100%2,010 $7,445$14,965,359
Gross Tax Rate 74%1,490 24%$15,222,371
Net Tax Rate 65%1,310 27%$14,965,359
Average Tax Rate 100%2,010 17%$14,965,359
%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 $42,940. It is estimated that the average taxable income for people who paid a net amount of tax was $58882.

The average net tax paid was $11,424. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 1,245 people for an average of $877. 30 people paid $1,221 on average more for the Medicare surcharge.

1,400 people earned a salary or wage and took home an average of $46,472 each.

Government allowance and payments were collected by 220 people for on average $5,528. 145 people received the pension or other allowance.

Charitable gifts and donations of an average of $292 were made by 525 people.

The costs of tax affairs for 955 people were claimed for $341 each.