TaxStats for postcode 4738 FY2013

Postcode 4738 includes Ilbilbie, Koumala in Queensland, and is in the federal electorate of Capricornia.

In FY 2013 the ATO recorded 675 individuals in postcode 4738. Of these people, 665 made a taxable income or loss. 520 of the population paid a gross amount of tax. After tax offsets, 485 people actually paid a net amount of tax. There were 180 non-taxable people who paid net tax of $0.

Compare TaxStats of 4738 with QLD

4738 TaxStats FY2013%Ppl#Ppl4738
Avg
4738
Total
Total Individuals100%675
Income
Salary or Wage 72%485$66,254$32,133,117
Gross Interest63%425$2,195$932,683
Unfranked Dividends19%130$157$20,463
Franked Dividends32%215$2,636$566,705
Dividend Franking Credit31%210$1,152$242,007
Capital Gains8%55$9,539$524,622
Termination Payouts3%20$33,328$666,551
Tips/Directors Fees etc16%105$4,599$482,916
Business Income9%60$-5,269$-316,169
Foreign Income3%20$1,461$29,218
Government payments3%20$3,824$76,489
Government pensions4%30$8,737$262,117
Total Income or Loss100%675$60,957$41,145,789
Deducations
Charitable Gifts28%190$242$46,003
Cost of Tax Affairs43%290$342$99,219
Work Car expenses16%110$2,932$322,548
Work Travel expenses6%40$2,671$106,821
Self Education expenses3%20$1,556$31,121
Total Deductions80%540$3,122$1,685,670
Taxation
Taxable Income99%665$58,924$39,184,647
Medicare Levy 69%465$1,204$560,033
Medicare Surcharge 3%20$1,100$21,995
Gross Tax 77%520$17,178$8,932,338
Net Tax 72%485$18,675$9,057,382
Average Tax 100%675 $13,418$9,057,382
Gross Tax Rate 77%520 29%$8,932,338
Net Tax Rate 72%485 32%$9,057,382
Average Tax Rate 100%675 23%$9,057,382
%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 $58,924. It is estimated that the average taxable income for people who paid a net amount of tax was $76339.

The average net tax paid was $18,675. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 465 people for an average of $1,204. 20 people paid $1,100 on average more for the Medicare surcharge.

485 people earned a salary or wage and took home an average of $66,254 each.

Government allowance and payments were collected by 20 people for on average $3,824. 30 people received the pension or other allowance.

Charitable gifts and donations of an average of $242 were made by 190 people.

The costs of tax affairs for 290 people were claimed for $342 each.