TaxStats for postcode 4518 FY2013

Postcode 4518 includes Glass House Mountains in Queensland, and is in the federal electorate of Fisher.

In FY 2013 the ATO recorded 2,675 individuals in postcode 4518. Of these people, 2,650 made a taxable income or loss. 2,025 of the population paid a gross amount of tax. After tax offsets, 1,835 people actually paid a net amount of tax. There were 815 non-taxable people who paid net tax of $0.

Compare TaxStats of 4518 with QLD

4518 TaxStats FY2013%Ppl#Ppl4518
Avg
4518
Total
Total Individuals100%2,675
Income
Salary or Wage 74%1,975$48,775$96,330,699
Gross Interest53%1,430$1,799$2,572,989
Unfranked Dividends8%220$735$161,714
Franked Dividends19%510$3,615$1,843,455
Dividend Franking Credit19%505$1,563$789,338
Capital Gains4%110$10,382$1,142,060
Termination Payouts3%70$11,646$815,249
Tips/Directors Fees etc18%480$3,533$1,695,778
Business Income10%255$14,864$3,790,277
Foreign Income4%120$993$119,146
Government payments9%230$4,823$1,109,400
Government pensions7%185$9,261$1,713,284
Total Income or Loss99%2,660$47,018$125,069,043
Deducations
Charitable Gifts28%760$271$205,781
Cost of Tax Affairs47%1,265$280$353,621
Work Car expenses25%665$2,820$1,875,323
Work Travel expenses10%255$2,985$761,216
Self Education expenses4%105$1,371$143,989
Total Deductions79%2,125$2,798$5,945,308
Taxation
Taxable Income99%2,650$44,789$118,690,135
Medicare Levy 66%1,755$887$1,557,325
Medicare Surcharge 1%35$1,294$45,276
Gross Tax 76%2,025$10,681$21,628,927
Net Tax 69%1,835$11,636$21,351,594
Average Tax 100%2,675 $7,982$21,351,594
Gross Tax Rate 76%2,025 24%$21,628,927
Net Tax Rate 69%1,835 26%$21,351,594
Average Tax Rate 100%2,675 18%$21,351,594
%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 $44,789. It is estimated that the average taxable income for people who paid a net amount of tax was $59352.

The average net tax paid was $11,636. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,755 people for an average of $887. 35 people paid $1,294 on average more for the Medicare surcharge.

1,975 people earned a salary or wage and took home an average of $48,775 each.

Government allowance and payments were collected by 230 people for on average $4,823. 185 people received the pension or other allowance.

Charitable gifts and donations of an average of $271 were made by 760 people.

The costs of tax affairs for 1,265 people were claimed for $280 each.