TaxStats for postcode 4571 FY2013

Postcode 4571 includes Como, Kin Kin in Queensland, and is in the federal electorate of Wide Bay.

In FY 2013 the ATO recorded 380 individuals in postcode 4571. Of these people, 370 made a taxable income or loss. 255 of the population paid a gross amount of tax. After tax offsets, 220 people actually paid a net amount of tax. There were 150 non-taxable people who paid net tax of $0.

Compare TaxStats of 4571 with QLD

4571 TaxStats FY2013%Ppl#Ppl4571
Total Individuals100%380
Salary or Wage 64%245$45,581$11,167,238
Gross Interest61%230$2,233$513,589
Unfranked Dividends11%40$771$30,846
Franked Dividends22%85$6,672$567,132
Dividend Franking Credit22%85$2,860$243,091
Capital Gains7%25$36,217$905,426
Termination Payouts1%5$2,649$13,244
Tips/Directors Fees etc17%65$3,832$249,101
Business Income16%60$7,684$461,036
Foreign Income8%30$365$10,944
Government payments12%45$5,576$250,924
Government pensions5%20$8,198$163,967
Total Income or Loss99%375$43,337$16,251,261
Charitable Gifts22%85$1,144$97,264
Cost of Tax Affairs38%145$365$52,958
Work Car expenses17%65$2,830$183,942
Work Travel expenses7%25$1,214$30,351
Self Education expenses4%15$1,583$23,750
Total Deductions67%255$3,025$771,389
Taxable Income97%370$40,801$15,096,509
Medicare Levy 54%205$927$189,996
Medicare Surcharge 3%10$1,443$14,434
Gross Tax 67%255$10,940$2,789,755
Net Tax 58%220$12,964$2,852,178
Average Tax 100%380 $7,506$2,852,178
Gross Tax Rate 67%255 27%$2,789,755
Net Tax Rate 58%220 32%$2,852,178
Average Tax Rate 100%380 18%$2,852,178
%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 $40,801. It is estimated that the average taxable income for people who paid a net amount of tax was $60439.

The average net tax paid was $12,964. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 205 people for an average of $927. 10 people paid $1,443 on average more for the Medicare surcharge.

245 people earned a salary or wage and took home an average of $45,581 each.

Government allowance and payments were collected by 45 people for on average $5,576. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,144 were made by 85 people.

The costs of tax affairs for 145 people were claimed for $365 each.