TaxStats for postcode 4569 FY2013

Postcode 4569 includes Cooran in Queensland, and is in the federal electorate of Wide Bay.

In FY 2013 the ATO recorded 795 individuals in postcode 4569. Of these people, 785 made a taxable income or loss. 580 of the population paid a gross amount of tax. After tax offsets, 515 people actually paid a net amount of tax. There were 270 non-taxable people who paid net tax of $0.

Compare TaxStats of 4569 with QLD

4569 TaxStats FY2013%Ppl#Ppl4569
Total Individuals100%795
Salary or Wage 74%590$47,156$27,822,073
Gross Interest50%400$1,719$687,567
Unfranked Dividends8%60$419$25,117
Franked Dividends17%135$3,472$468,745
Dividend Franking Credit17%135$1,520$205,148
Capital Gains4%30$15,073$452,181
Termination Payouts4%30$10,470$314,099
Tips/Directors Fees etc21%170$2,824$480,059
Business Income14%115$10,248$1,178,535
Foreign Income5%40$217$8,666
Government payments13%105$5,151$540,886
Government pensions8%60$10,692$641,548
Total Income or Loss99%790$45,963$36,310,575
Charitable Gifts25%200$239$47,898
Cost of Tax Affairs48%385$309$118,950
Work Car expenses23%180$2,495$449,115
Work Travel expenses6%45$2,680$120,587
Self Education expenses3%20$1,593$31,861
Total Deductions77%615$2,350$1,445,070
Taxable Income99%785$44,341$34,807,787
Medicare Levy 61%485$900$436,391
Medicare Surcharge 2%15$1,512$22,680
Gross Tax 73%580$11,144$6,463,760
Net Tax 65%515$12,270$6,319,292
Average Tax 100%795 $7,949$6,319,292
Gross Tax Rate 73%580 25%$6,463,760
Net Tax Rate 65%515 28%$6,319,292
Average Tax Rate 100%795 18%$6,319,292
%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 $44,341. It is estimated that the average taxable income for people who paid a net amount of tax was $61297.

The average net tax paid was $12,270. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 485 people for an average of $900. 15 people paid $1,512 on average more for the Medicare surcharge.

590 people earned a salary or wage and took home an average of $47,156 each.

Government allowance and payments were collected by 105 people for on average $5,151. 60 people received the pension or other allowance.

Charitable gifts and donations of an average of $239 were made by 200 people.

The costs of tax affairs for 385 people were claimed for $309 each.