4221 VS QLD TaxStats FY2013

Postcode 4221 includes Elanora, Palm Beach in Queensland, and is in the federal electorate of McPherson.

4221 VS qld
TaxStats FY2013
%Ppl#Ppl4221
Avg
%Ppl#PplQLD
Avg
Total Individuals100%15,225100%2,558,510
Income
Salary or Wage 75%11,370$48,92380%2,055,890$54,539
Gross Interest54%8,220$2,06654%1,384,865$1,785
Unfranked Dividends8%1,155$7508%209,365$698
Franked Dividends20%3,025$8,08519%485,865$6,857
Dividend Franking Credit20%3,005$3,48719%483,905$2,949
Capital Gains3%520$11,6504%93,780$17,616
Termination Payouts2%350$6,9933%67,520$10,196
Tips/Directors Fees etc18%2,780$4,24518%460,960$3,768
Business Income11%1,720$21,9578%216,815$20,149
Foreign Income5%795$1,2925%135,345$1,594
Government payments10%1,525$5,3578%191,935$5,243
Government pensions7%1,045$9,1595%139,815$9,313
Total Income or Loss100%15,165$50,305100%2,549,545$56,034
Deducations
Charitable Gifts31%4,670$32234%857,815$384
Cost of Tax Affairs50%7,600$34048%1,232,015$353
Work Car expenses29%4,455$2,81925%631,090$2,604
Work Travel expenses11%1,615$2,01410%246,830$1,972
Self Education expenses4%630$1,8804%105,200$1,790
Total Deductions81%12,295$3,21582%2,106,930$2,908
Taxation
Taxable Income99%15,125$47,70499%2,540,600$53,653
Medicare Levy 68%10,375$91970%1,798,500$1,021
Medicare Surcharge 2%235$1,2492%45,080$1,269
Gross Tax 80%12,130$11,35381%2,061,410$13,779
Net Tax 71%10,865$12,81974%1,895,780$15,228
Average Tax 100%15,225 $9,148100%2,558,510 $11,284
Gross Tax Rate 80%12,130 24%81%2,061,410 26%
Net Tax Rate 71%10,865 27%74%1,895,780 28%
Average Tax Rate 100%15,225 19%100%2,558,510 21%
%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.