TaxStats for postcode 4719 FY2013

Postcode 4719 includes Camboon, Cracow, Glenmoral, Isla, Lonesome Creek, Theodore in Queensland, and is in the federal electorate of Flynn.

In FY 2013 the ATO recorded 630 individuals in postcode 4719. Of these people, 615 made a taxable income or loss. 430 of the population paid a gross amount of tax. After tax offsets, 395 people actually paid a net amount of tax. There were 220 non-taxable people who paid net tax of $0.

Compare TaxStats of 4719 with QLD

4719 TaxStats FY2013%Ppl#Ppl4719
Total Individuals100%630
Salary or Wage 71%445$52,071$23,171,724
Gross Interest60%380$2,926$1,111,788
Unfranked Dividends13%80$211$16,845
Franked Dividends25%160$1,940$310,344
Dividend Franking Credit25%160$835$133,668
Capital Gains2%10$10,653$106,531
Termination Payouts2%10$17,009$170,092
Tips/Directors Fees etc12%75$2,492$186,902
Business Income16%100$-355$-35,528
Foreign Income5%30$514$15,411
Government payments3%20$5,874$117,487
Government pensions4%25$8,884$222,096
Total Income or Loss100%630$40,343$25,416,069
Charitable Gifts22%140$474$66,346
Cost of Tax Affairs42%265$301$79,843
Work Car expenses15%95$2,238$212,627
Work Travel expenses6%40$2,227$89,092
Self Education expenses2%15$3,628$54,415
Total Deductions76%480$2,863$1,374,470
Taxable Income98%615$38,235$23,514,332
Medicare Levy 60%380$972$369,506
Medicare Surcharge 2%10$1,669$16,694
Gross Tax 68%430$12,374$5,320,778
Net Tax 63%395$13,536$5,346,756
Average Tax 100%630 $8,487$5,346,756
Gross Tax Rate 68%430 32%$5,320,778
Net Tax Rate 63%395 35%$5,346,756
Average Tax Rate 100%630 22%$5,346,756
%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 $38,235. It is estimated that the average taxable income for people who paid a net amount of tax was $52846.

The average net tax paid was $13,536. This equates to an average tax of 35 cents in the dollar on taxable income.

The Medicare levy was paid by 380 people for an average of $972. 10 people paid $1,669 on average more for the Medicare surcharge.

445 people earned a salary or wage and took home an average of $52,071 each.

Government allowance and payments were collected by 20 people for on average $5,874. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $474 were made by 140 people.

The costs of tax affairs for 265 people were claimed for $301 each.