TaxStats for postcode 4630 FY2013

Postcode 4630 includes Bancroft, Bukali, Cania, Cania, Cannindah, Coominglah, Coominglah, Coominglah Forest, Dalga, Glenleigh, Harrami, Harrami, Kalpowar, Kapaldo, Langley, Monal, Monal, Monto, Moonford, Mulgildie, Mungungo, Rawbelle, Rawbelle, Selene, Splinter Creek, Tellebang, Three Moon, Ventnor, Yarrol in Queensland, and is in the federal electorate of Flynn.

In FY 2013 the ATO recorded 1,395 individuals in postcode 4630. Of these people, 1,370 made a taxable income or loss. 880 of the population paid a gross amount of tax. After tax offsets, 755 people actually paid a net amount of tax. There were 615 non-taxable people who paid net tax of $0.

Compare TaxStats of 4630 with QLD

4630 TaxStats FY2013%Ppl#Ppl4630
Avg
4630
Total
Total Individuals100%1,395
Income
Salary or Wage 63%880$48,136$42,359,245
Gross Interest63%875$2,710$2,371,630
Unfranked Dividends11%160$136$21,836
Franked Dividends23%320$4,094$1,309,946
Dividend Franking Credit23%320$1,754$561,261
Capital Gains5%75$9,902$742,664
Termination Payouts2%30$6,776$203,275
Tips/Directors Fees etc13%185$2,675$494,790
Business Income17%240$-5,738$-1,377,068
Foreign Income7%100$464$46,374
Government payments5%75$5,947$446,010
Government pensions10%135$10,678$1,441,471
Total Income or Loss99%1,385$36,950$51,175,983
Deducations
Charitable Gifts19%265$209$55,312
Cost of Tax Affairs33%465$275$127,984
Work Car expenses11%155$2,087$323,557
Work Travel expenses4%60$3,178$190,709
Self Education expenses2%30$1,766$52,975
Total Deductions67%930$2,413$2,244,017
Taxation
Taxable Income98%1,370$35,419$48,523,888
Medicare Levy 51%710$912$647,561
Medicare Surcharge 2%25$1,128$28,211
Gross Tax 63%880$10,553$9,286,916
Net Tax 54%755$12,253$9,251,082
Average Tax 100%1,395 $6,632$9,251,082
Gross Tax Rate 63%880 30%$9,286,916
Net Tax Rate 54%755 35%$9,251,082
Average Tax Rate 100%1,395 19%$9,251,082
%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 $35,419. It is estimated that the average taxable income for people who paid a net amount of tax was $54495.

The average net tax paid was $12,253. This equates to an average tax of 35 cents in the dollar on taxable income.

The Medicare levy was paid by 710 people for an average of $912. 25 people paid $1,128 on average more for the Medicare surcharge.

880 people earned a salary or wage and took home an average of $48,136 each.

Government allowance and payments were collected by 75 people for on average $5,947. 135 people received the pension or other allowance.

Charitable gifts and donations of an average of $209 were made by 265 people.

The costs of tax affairs for 465 people were claimed for $275 each.