TaxStats for postcode 4806 FY2013

Postcode 4806 includes Carstairs, Fredericksfield, Home Hill, Inkerman, Kirknie, Osborne, Rangemore, Wangaratta, Wunjunga in Queensland, and is in the federal electorate of Dawson.

In FY 2013 the ATO recorded 2,255 individuals in postcode 4806. Of these people, 2,240 made a taxable income or loss. 1,820 of the population paid a gross amount of tax. After tax offsets, 1,645 people actually paid a net amount of tax. There were 595 non-taxable people who paid net tax of $0.

Compare TaxStats of 4806 with QLD

4806 TaxStats FY2013%Ppl#Ppl4806
Total Individuals100%2,255
Salary or Wage 75%1,680$46,808$78,636,880
Gross Interest62%1,405$2,265$3,182,472
Unfranked Dividends24%545$210$114,705
Franked Dividends36%805$4,161$3,349,424
Dividend Franking Credit36%805$1,782$1,434,379
Capital Gains5%110$1,610$177,084
Termination Payouts2%40$3,137$125,482
Tips/Directors Fees etc21%470$1,630$765,965
Business Income5%115$21,284$2,447,673
Foreign Income12%260$257$66,802
Government payments7%160$4,908$785,268
Government pensions7%150$9,835$1,475,285
Total Income or Loss100%2,250$50,000$112,500,998
Charitable Gifts25%570$198$112,830
Cost of Tax Affairs50%1,125$256$288,223
Work Car expenses20%450$2,408$1,083,505
Work Travel expenses5%110$3,268$359,442
Self Education expenses2%50$1,307$65,374
Total Deductions82%1,845$2,641$4,871,889
Taxable Income99%2,240$47,819$107,114,004
Medicare Levy 70%1,585$914$1,448,284
Medicare Surcharge 1%25$929$23,218
Gross Tax 81%1,820$11,008$20,033,968
Net Tax 73%1,645$12,172$20,022,795
Average Tax 100%2,255 $8,879$20,022,795
Gross Tax Rate 81%1,820 23%$20,033,968
Net Tax Rate 73%1,645 25%$20,022,795
Average Tax Rate 100%2,255 19%$20,022,795
%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 $47,819. It is estimated that the average taxable income for people who paid a net amount of tax was $60774.

The average net tax paid was $12,172. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 1,585 people for an average of $914. 25 people paid $929 on average more for the Medicare surcharge.

1,680 people earned a salary or wage and took home an average of $46,808 each.

Government allowance and payments were collected by 160 people for on average $4,908. 150 people received the pension or other allowance.

Charitable gifts and donations of an average of $198 were made by 570 people.

The costs of tax affairs for 1,125 people were claimed for $256 each.