TaxStats for postcode 4706 FY2013

Postcode 4706 includes Ogmore, Ogmore in Queensland, and is in the federal electorate of Capricornia.

In FY 2013 the ATO recorded 35 individuals in postcode 4706. Of these people, 30 made a taxable income or loss. 20 of the population paid a gross amount of tax. After tax offsets, 15 people actually paid a net amount of tax. There were 15 non-taxable people who paid net tax of $0.

Compare TaxStats of 4706 with QLD

4706 TaxStats FY2013%Ppl#Ppl4706
Avg
4706
Total
Total Individuals100%35
Income
Salary or Wage 57%20$51,136$1,022,720
Gross Interest57%20$1,797$35,944
Unfranked Dividends14%5$41$207
Franked Dividends14%5$1,053$5,266
Dividend Franking Credit14%5$451$2,256
Capital Gains14%5$21$104
Termination Payouts14%5$58$290
Tips/Directors Fees etc14%5$772$3,859
Business Income14%5$8,326$41,629
Foreign Income14%5$67$336
Government payments14%5$2,548$12,742
Government pensions14%5$2,670$13,350
Total Income or Loss86%30$37,503$1,125,084
Deducations
Charitable Gifts14%5$78$390
Cost of Tax Affairs29%10$262$2,625
Work Car expenses14%5$1,143$5,713
Work Travel expenses14%5$116$580
Self Education expenses%0$$0
Total Deductions57%20$1,181$23,617
Taxation
Taxable Income86%30$36,648$1,099,443
Medicare Levy 43%15$1,056$15,844
Medicare Surcharge %0$$0
Gross Tax 57%20$11,550$230,998
Net Tax 43%15$15,611$234,167
Average Tax 100%35 $6,690$234,167
Gross Tax Rate 57%20 32%$230,998
Net Tax Rate 43%15 43%$234,167
Average Tax Rate 100%35 18%$234,167
%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 $36,648. It is estimated that the average taxable income for people who paid a net amount of tax was $61296.

The average net tax paid was $15,611. This equates to an average tax of 43 cents in the dollar on taxable income.

The Medicare levy was paid by 15 people for an average of $1,056.

20 people earned a salary or wage and took home an average of $51,136 each.

Government allowance and payments were collected by 5 people for on average $2,548. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $78 were made by 5 people.

The costs of tax affairs for 10 people were claimed for $262 each.