TaxStats for postcode 4625 FY2013
Postcode 4625 includes Aranbanga, Ban Ban, Ban Ban Springs, Barlyne, Binjour, Blairmore, Bon Accord, Branch Creek, Byrnestown, Campbell Creek, Deep Creek, Dirnbir, Dundarrah, Gayndah, Ginoondan, Gooroolba, Harriet, Humphery, Ideraway, Mingo, Mount Debateable, Mount Lawless, Mount Steadman, Penwhaupell, Pile Gully, Reids Creek, Stockhaven, The Limits, Toondahra, Wahoon, Wetheron, Wilson Valley, Woodmillar, Yenda in Queensland, and is in the federal electorate of Flynn.
In FY 2013 the ATO recorded 1,755 individuals in postcode 4625. Of these people, 1,745 made a taxable income or loss. 1,140 of the population paid a gross amount of tax. After tax offsets, 1,000 people actually paid a net amount of tax. There were 745 non-taxable people who paid net tax of $0.
Compare TaxStats of 4625 with QLD
| 4625 TaxStats FY2013 | %Ppl | #Ppl | 4625 Avg | 4625 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 1,755 | ||
| Income | ||||
| Salary or Wage | 79% | 1,390 | $33,905 | $47,128,284 |
| Gross Interest | 52% | 915 | $1,556 | $1,423,416 |
| Unfranked Dividends | 8% | 135 | $1,089 | $147,032 |
| Franked Dividends | 15% | 265 | $5,592 | $1,481,986 |
| Dividend Franking Credit | 15% | 265 | $2,395 | $634,553 |
| Capital Gains | 3% | 50 | $5,010 | $250,520 |
| Termination Payouts | 2% | 30 | $6,702 | $201,070 |
| Tips/Directors Fees etc | 13% | 235 | $2,379 | $559,102 |
| Business Income | 10% | 180 | $2,121 | $381,721 |
| Foreign Income | 4% | 75 | $455 | $34,106 |
| Government payments | 8% | 135 | $4,919 | $664,122 |
| Government pensions | 5% | 95 | $9,689 | $920,414 |
| Total Income or Loss | 100% | 1,755 | $34,225 | $60,065,393 |
| Deducations | ||||
| Charitable Gifts | 18% | 310 | $253 | $78,545 |
| Cost of Tax Affairs | 31% | 550 | $337 | $185,484 |
| Work Car expenses | 15% | 260 | $2,473 | $643,079 |
| Work Travel expenses | 5% | 80 | $3,509 | $280,689 |
| Self Education expenses | 3% | 45 | $1,713 | $77,075 |
| Total Deductions | 67% | 1,180 | $2,264 | $2,671,644 |
| Taxation | ||||
| Taxable Income | 99% | 1,745 | $32,719 | $57,094,856 |
| Medicare Levy | 52% | 905 | $773 | $699,467 |
| Medicare Surcharge | 1% | 15 | $1,174 | $17,611 |
| Gross Tax | 65% | 1,140 | $7,921 | $9,030,014 |
| Net Tax | 57% | 1,000 | $8,969 | $8,968,514 |
| Average Tax | 100% | 1,755 | $5,110 | $8,968,514 |
| Gross Tax Rate | 65% | 1,140 | 24% | $9,030,014 |
| Net Tax Rate | 57% | 1,000 | 27% | $8,968,514 |
| Average Tax Rate | 100% | 1,755 | 16% | $8,968,514 |
| %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 $32,719. It is estimated that the average taxable income for people who paid a net amount of tax was $48155.
The average net tax paid was $8,969. This equates to an average tax of 27 cents in the dollar on taxable income.
The Medicare levy was paid by 905 people for an average of $773. 15 people paid $1,174 on average more for the Medicare surcharge.
1,390 people earned a salary or wage and took home an average of $33,905 each.
Government allowance and payments were collected by 135 people for on average $4,919. 95 people received the pension or other allowance.
Charitable gifts and donations of an average of $253 were made by 310 people.
The costs of tax affairs for 550 people were claimed for $337 each.