TaxStats for postcode 4718 FY2013

Postcode 4718 includes Bauhinia, Dromedary, Kianga, Moura, Mungabunda, Oombabeer, Rhydding, Roundstone, Warnoah in Queensland, and is in the federal electorate of Flynn.

In FY 2013 the ATO recorded 1,375 individuals in postcode 4718. Of these people, 1,355 made a taxable income or loss. 1,115 of the population paid a gross amount of tax. After tax offsets, 1,050 people actually paid a net amount of tax. There were 305 non-taxable people who paid net tax of $0.

Compare TaxStats of 4718 with QLD

4718 TaxStats FY2013%Ppl#Ppl4718
Total Individuals100%1,375
Salary or Wage 82%1,125$74,174$83,446,117
Gross Interest57%780$2,023$1,577,802
Unfranked Dividends11%155$347$53,795
Franked Dividends22%300$5,399$1,619,770
Dividend Franking Credit22%300$2,314$694,106
Capital Gains4%55$16,868$927,732
Termination Payouts3%45$33,508$1,507,844
Tips/Directors Fees etc9%125$2,681$335,150
Business Income10%135$6,688$902,882
Foreign Income7%100$774$77,422
Government payments6%80$5,093$407,473
Government pensions3%40$8,986$359,436
Total Income or Loss100%1,375$71,044$97,684,834
Charitable Gifts29%400$390$155,855
Cost of Tax Affairs50%690$448$308,861
Work Car expenses22%305$2,562$781,320
Work Travel expenses6%85$1,947$165,474
Self Education expenses4%50$1,922$96,097
Total Deductions84%1,155$3,526$4,072,110
Taxable Income99%1,355$68,192$92,400,281
Medicare Levy 73%1,000$1,303$1,302,872
Medicare Surcharge 4%60$1,355$81,279
Gross Tax 81%1,115$20,141$22,456,760
Net Tax 76%1,050$21,621$22,701,537
Average Tax 100%1,375 $16,510$22,701,537
Gross Tax Rate 81%1,115 30%$22,456,760
Net Tax Rate 76%1,050 32%$22,701,537
Average Tax Rate 100%1,375 24%$22,701,537
%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 $68,192. It is estimated that the average taxable income for people who paid a net amount of tax was $84515.

The average net tax paid was $21,621. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 1,000 people for an average of $1,303. 60 people paid $1,355 on average more for the Medicare surcharge.

1,125 people earned a salary or wage and took home an average of $74,174 each.

Government allowance and payments were collected by 80 people for on average $5,093. 40 people received the pension or other allowance.

Charitable gifts and donations of an average of $390 were made by 400 people.

The costs of tax affairs for 690 people were claimed for $448 each.