TaxStats for postcode 4621 FY2013

Postcode 4621 includes Biggenden, Boompa, Coalstoun Lakes, Coringa, Dallarnil, Degilbo, Didcot, Golden Fleece, Lakeside, Wateranga, Woowoonga in Queensland, and is in the federal electorate of Flynn.

In FY 2013 the ATO recorded 770 individuals in postcode 4621. Of these people, 755 made a taxable income or loss. 490 of the population paid a gross amount of tax. After tax offsets, 415 people actually paid a net amount of tax. There were 340 non-taxable people who paid net tax of $0.

Compare TaxStats of 4621 with QLD

4621 TaxStats FY2013%Ppl#Ppl4621
Total Individuals100%770
Salary or Wage 64%495$45,000$22,274,996
Gross Interest60%465$2,109$980,851
Unfranked Dividends12%95$124$11,791
Franked Dividends23%175$2,430$425,264
Dividend Franking Credit22%170$1,057$179,705
Capital Gains3%20$3,425$68,494
Termination Payouts2%15$4,966$74,495
Tips/Directors Fees etc13%100$2,621$262,075
Business Income17%130$-2,966$-385,548
Foreign Income5%35$97$3,398
Government payments12%95$6,371$605,291
Government pensions9%70$12,165$851,537
Total Income or Loss99%765$36,405$27,849,759
Charitable Gifts21%160$295$47,144
Cost of Tax Affairs36%280$335$93,702
Work Car expenses16%120$2,436$292,369
Work Travel expenses6%45$2,106$94,759
Self Education expenses1%10$697$6,966
Total Deductions67%515$2,194$1,129,955
Taxable Income98%755$35,055$26,466,823
Medicare Levy 50%385$869$334,552
Medicare Surcharge 1%10$1,070$10,703
Gross Tax 64%490$9,581$4,694,934
Net Tax 54%415$11,155$4,629,236
Average Tax 100%770 $6,012$4,629,236
Gross Tax Rate 64%490 27%$4,694,934
Net Tax Rate 54%415 32%$4,629,236
Average Tax Rate 100%770 17%$4,629,236
%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 $35,055. It is estimated that the average taxable income for people who paid a net amount of tax was $53944.

The average net tax paid was $11,155. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 385 people for an average of $869. 10 people paid $1,070 on average more for the Medicare surcharge.

495 people earned a salary or wage and took home an average of $45,000 each.

Government allowance and payments were collected by 95 people for on average $6,371. 70 people received the pension or other allowance.

Charitable gifts and donations of an average of $295 were made by 160 people.

The costs of tax affairs for 280 people were claimed for $335 each.