TaxStats for postcode 4812 FY2013

Postcode 4812 includes Currajong, Gulliver, Hermit Park, Hyde Park, Hyde Park Castletown, Mundingburra, Mysterton, Pimlico, Rosslea in Queensland, and is in the federal electorate of Herbert.

In FY 2013 the ATO recorded 11,090 individuals in postcode 4812. Of these people, 11,050 made a taxable income or loss. 9,435 of the population paid a gross amount of tax. After tax offsets, 8,730 people actually paid a net amount of tax. There were 2,320 non-taxable people who paid net tax of $0.

Compare TaxStats of 4812 with QLD

4812 TaxStats FY2013%Ppl#Ppl4812
Avg
4812
Total
Total Individuals100%11,090
Income
Salary or Wage 86%9,535$53,729$512,306,860
Gross Interest52%5,715$1,557$8,896,428
Unfranked Dividends8%865$444$383,785
Franked Dividends17%1,845$5,287$9,754,265
Dividend Franking Credit17%1,835$2,277$4,177,943
Capital Gains4%390$7,580$2,956,382
Termination Payouts3%285$6,526$1,859,836
Tips/Directors Fees etc19%2,135$2,115$4,516,346
Business Income8%870$30,110$26,195,650
Foreign Income6%625$1,485$928,000
Government payments9%960$4,883$4,687,548
Government pensions6%675$9,500$6,412,335
Total Income or Loss100%11,065$56,235$622,241,988
Deducations
Charitable Gifts39%4,375$311$1,360,999
Cost of Tax Affairs55%6,125$264$1,617,316
Work Car expenses25%2,730$1,989$5,430,966
Work Travel expenses8%855$1,788$1,528,373
Self Education expenses4%490$1,461$715,736
Total Deductions87%9,680$2,355$22,791,952
Taxation
Taxable Income100%11,050$54,186$598,755,592
Medicare Levy 75%8,305$968$8,038,348
Medicare Surcharge 2%215$1,213$260,845
Gross Tax 85%9,435$12,670$119,538,292
Net Tax 79%8,730$13,698$119,582,538
Average Tax 100%11,090 $10,783$119,582,538
Gross Tax Rate 85%9,435 23%$119,538,292
Net Tax Rate 79%8,730 25%$119,582,538
Average Tax Rate 100%11,090 20%$119,582,538
%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 $54,186. It is estimated that the average taxable income for people who paid a net amount of tax was $65397.

The average net tax paid was $13,698. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 8,305 people for an average of $968. 215 people paid $1,213 on average more for the Medicare surcharge.

9,535 people earned a salary or wage and took home an average of $53,729 each.

Government allowance and payments were collected by 960 people for on average $4,883. 675 people received the pension or other allowance.

Charitable gifts and donations of an average of $311 were made by 4,375 people.

The costs of tax affairs for 6,125 people were claimed for $264 each.