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#Ppl4625
Total Individuals100%1,755
Salary or Wage 79%1,390$33,905$47,128,284
Gross Interest52%915$1,556$1,423,416
Unfranked Dividends8%135$1,089$147,032
Franked Dividends15%265$5,592$1,481,986
Dividend Franking Credit15%265$2,395$634,553
Capital Gains3%50$5,010$250,520
Termination Payouts2%30$6,702$201,070
Tips/Directors Fees etc13%235$2,379$559,102
Business Income10%180$2,121$381,721
Foreign Income4%75$455$34,106
Government payments8%135$4,919$664,122
Government pensions5%95$9,689$920,414
Total Income or Loss100%1,755$34,225$60,065,393
Charitable Gifts18%310$253$78,545
Cost of Tax Affairs31%550$337$185,484
Work Car expenses15%260$2,473$643,079
Work Travel expenses5%80$3,509$280,689
Self Education expenses3%45$1,713$77,075
Total Deductions67%1,180$2,264$2,671,644
Taxable Income99%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.