TaxStats for postcode 4019 FY2013
Postcode 4019 includes Clontarf, Clontarf Beach, Clontarf Dc, Margate, Margate Beach, Woody Point in Queensland, and is in the federal electorate of Petrie.
In FY 2013 the ATO recorded 10,460 individuals in postcode 4019. Of these people, 10,420 made a taxable income or loss. 8,610 of the population paid a gross amount of tax. After tax offsets, 7,815 people actually paid a net amount of tax. There were 2,605 non-taxable people who paid net tax of $0.
Compare TaxStats of 4019 with QLD
| 4019 TaxStats FY2013 | %Ppl | #Ppl | 4019 Avg | 4019 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 10,460 | ||
| Income | ||||
| Salary or Wage | 81% | 8,500 | $50,563 | $429,787,619 |
| Gross Interest | 52% | 5,395 | $1,364 | $7,356,602 |
| Unfranked Dividends | 7% | 745 | $315 | $234,652 |
| Franked Dividends | 16% | 1,720 | $4,950 | $8,514,517 |
| Dividend Franking Credit | 16% | 1,715 | $2,123 | $3,641,458 |
| Capital Gains | 3% | 350 | $10,431 | $3,650,690 |
| Termination Payouts | 3% | 315 | $7,634 | $2,404,742 |
| Tips/Directors Fees etc | 20% | 2,105 | $3,569 | $7,511,978 |
| Business Income | 8% | 850 | $17,630 | $14,985,294 |
| Foreign Income | 5% | 485 | $813 | $394,171 |
| Government payments | 9% | 985 | $4,948 | $4,874,246 |
| Government pensions | 8% | 810 | $9,263 | $7,503,359 |
| Total Income or Loss | 100% | 10,440 | $50,439 | $526,581,290 |
| Deducations | ||||
| Charitable Gifts | 39% | 4,110 | $300 | $1,231,875 |
| Cost of Tax Affairs | 52% | 5,460 | $299 | $1,630,930 |
| Work Car expenses | 27% | 2,860 | $2,657 | $7,598,170 |
| Work Travel expenses | 12% | 1,215 | $1,956 | $2,376,545 |
| Self Education expenses | 4% | 400 | $1,621 | $648,298 |
| Total Deductions | 85% | 8,915 | $2,791 | $24,879,976 |
| Taxation | ||||
| Taxable Income | 100% | 10,420 | $48,080 | $500,989,737 |
| Medicare Levy | 72% | 7,480 | $893 | $6,681,782 |
| Medicare Surcharge | 2% | 170 | $1,238 | $210,481 |
| Gross Tax | 82% | 8,610 | $10,675 | $91,908,408 |
| Net Tax | 75% | 7,815 | $11,895 | $92,959,733 |
| Average Tax | 100% | 10,460 | $8,887 | $92,959,733 |
| Gross Tax Rate | 82% | 8,610 | 22% | $91,908,408 |
| Net Tax Rate | 75% | 7,815 | 25% | $92,959,733 |
| Average Tax Rate | 100% | 10,460 | 18% | $92,959,733 |
| %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 $48,080. It is estimated that the average taxable income for people who paid a net amount of tax was $60106.
The average net tax paid was $11,895. This equates to an average tax of 25 cents in the dollar on taxable income.
The Medicare levy was paid by 7,480 people for an average of $893. 170 people paid $1,238 on average more for the Medicare surcharge.
8,500 people earned a salary or wage and took home an average of $50,563 each.
Government allowance and payments were collected by 985 people for on average $4,948. 810 people received the pension or other allowance.
Charitable gifts and donations of an average of $300 were made by 4,110 people.
The costs of tax affairs for 5,460 people were claimed for $299 each.