TaxStats for postcode 4726 FY2013

Postcode 4726 includes Aramac, Pelican Creek in Queensland, and is in the federal electorate of Maranoa.

In FY 2013 the ATO recorded 235 individuals in postcode 4726. Of these people, 235 made a taxable income or loss. 175 of the population paid a gross amount of tax. After tax offsets, 155 people actually paid a net amount of tax. There were 80 non-taxable people who paid net tax of $0.

Compare TaxStats of 4726 with QLD

4726 TaxStats FY2013%Ppl#Ppl4726
Avg
4726
Total
Total Individuals100%235
Income
Salary or Wage 62%145$43,945$6,372,040
Gross Interest66%155$2,193$339,872
Unfranked Dividends13%30$307$9,209
Franked Dividends15%35$1,976$69,167
Dividend Franking Credit15%35$847$29,635
Capital Gains2%5$74,552$372,762
Termination Payouts%0$$0
Tips/Directors Fees etc17%40$2,502$100,086
Business Income26%60$198$11,894
Foreign Income2%5$1,903$9,513
Government payments4%10$5,009$50,090
Government pensions2%5$11,915$59,577
Total Income or Loss100%235$37,342$8,775,373
Deducations
Charitable Gifts34%80$151$12,057
Cost of Tax Affairs47%110$314$34,514
Work Car expenses13%30$2,226$66,789
Work Travel expenses9%20$2,801$56,028
Self Education expenses%0$$0
Total Deductions70%165$2,538$418,792
Taxation
Taxable Income100%235$35,560$8,356,581
Medicare Levy 64%150$780$116,973
Medicare Surcharge 2%5$245$1,226
Gross Tax 74%175$8,490$1,485,742
Net Tax 66%155$9,162$1,420,107
Average Tax 100%235 $6,043$1,420,107
Gross Tax Rate 74%175 24%$1,485,742
Net Tax Rate 66%155 26%$1,420,107
Average Tax Rate 100%235 17%$1,420,107
%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 $35,560. It is estimated that the average taxable income for people who paid a net amount of tax was $47720.

The average net tax paid was $9,162. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 150 people for an average of $780. 5 people paid $245 on average more for the Medicare surcharge.

145 people earned a salary or wage and took home an average of $43,945 each.

Government allowance and payments were collected by 10 people for on average $5,009. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $151 were made by 80 people.

The costs of tax affairs for 110 people were claimed for $314 each.