TaxStats for postcode 4850 FY2013

Postcode 4850 includes Abergowrie, Abergowrie, Allingham, Allingham, Bambaroo, Bambaroo, Bemerside, Bemerside, Blackrock, Blackrock, Braemeadows, Braemeadows, Coolbie, Cordelia, Dalrymple Creek, Dalrymple Creek, Foresthome, Foresthome, Forrest Beach, Gairloch, Gairloch, Garrawalt, Garrawalt, Halifax, Halifax, Hawkins Creek, Hawkins Creek, Helens Hill, Helens Hill, Ingham, Ingham, Lannercost, Lannercost, Long Pocket, Lucinda, Lucinda, Macknade, Macknade, Mount Fox, Mount Fox, Orient, Orient, Peacock Siding, Peacock Siding, Taylors Beach, Taylors Beach, Toobanna, Toobanna, Trebonne, Trebonne, Upper Stone, Upper Stone, Valley Of Lagoons, Valley Of Lagoons, Victoria Plantation, Victoria Plantation, Wallaman, Wallaman, Wharps, Wharps, Yuruga, Yuruga in Queensland, and is in the federal electorate of Kennedy.

In FY 2013 the ATO recorded 6,240 individuals in postcode 4850. Of these people, 6,180 made a taxable income or loss. 4,955 of the population paid a gross amount of tax. After tax offsets, 4,425 people actually paid a net amount of tax. There were 1,755 non-taxable people who paid net tax of $0.

Compare TaxStats of 4850 with QLD

4850 TaxStats FY2013%Ppl#Ppl4850
Total Individuals100%6,240
Salary or Wage 75%4,650$45,926$213,556,911
Gross Interest65%4,075$2,956$12,047,224
Unfranked Dividends20%1,220$235$286,580
Franked Dividends37%2,315$3,076$7,120,451
Dividend Franking Credit37%2,315$1,318$3,051,812
Capital Gains6%345$5,824$2,009,440
Termination Payouts2%95$6,878$653,385
Tips/Directors Fees etc24%1,510$1,508$2,277,237
Business Income8%485$15,849$7,686,958
Foreign Income9%590$223$131,818
Government payments8%530$4,655$2,466,952
Government pensions7%430$8,954$3,850,258
Total Income or Loss100%6,230$47,523$296,068,578
Charitable Gifts41%2,535$168$426,131
Cost of Tax Affairs52%3,270$329$1,076,790
Work Car expenses19%1,180$1,811$2,137,376
Work Travel expenses5%300$1,919$575,551
Self Education expenses3%170$1,444$245,554
Total Deductions83%5,155$2,424$12,496,632
Taxable Income99%6,180$45,500$281,188,661
Medicare Levy 69%4,285$883$3,783,142
Medicare Surcharge 1%50$1,456$72,791
Gross Tax 79%4,955$10,379$51,430,183
Net Tax 71%4,425$11,424$50,553,212
Average Tax 100%6,240 $8,101$50,553,212
Gross Tax Rate 79%4,955 23%$51,430,183
Net Tax Rate 71%4,425 25%$50,553,212
Average Tax Rate 100%6,240 18%$50,553,212
%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 $45,500. It is estimated that the average taxable income for people who paid a net amount of tax was $58786.

The average net tax paid was $11,424. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 4,285 people for an average of $883. 50 people paid $1,456 on average more for the Medicare surcharge.

4,650 people earned a salary or wage and took home an average of $45,926 each.

Government allowance and payments were collected by 530 people for on average $4,655. 430 people received the pension or other allowance.

Charitable gifts and donations of an average of $168 were made by 2,535 people.

The costs of tax affairs for 3,270 people were claimed for $329 each.