TaxStats for postcode 4211 FY2013

Postcode 4211 includes Advancetown, Beechmont, Binna Burra, Carrara, Clagiraba, Gaven, Gilston, Highland Park, Lower Beechmont, Mount Nathan, Natural Bridge, Nerang, Nerang Bc, Nerang Dc, Numinbah Valley, O'Reilly, Pacific Pines, Southern Lamington in Queensland, and is in the federal electorate of Wright.

In FY 2013 the ATO recorded 33,240 individuals in postcode 4211. Of these people, 33,010 made a taxable income or loss. 26,840 of the population paid a gross amount of tax. After tax offsets, 24,550 people actually paid a net amount of tax. There were 8,460 non-taxable people who paid net tax of $0.

Compare TaxStats of 4211 with QLD

4211 TaxStats FY2013%Ppl#Ppl4211
Total Individuals100%33,240
Salary or Wage 80%26,435$48,606$1,284,907,096
Gross Interest48%16,105$1,363$21,957,786
Unfranked Dividends5%1,660$700$1,162,826
Franked Dividends14%4,495$6,714$30,178,718
Dividend Franking Credit13%4,480$2,883$12,914,320
Capital Gains3%865$12,263$10,607,091
Termination Payouts2%790$7,173$5,666,998
Tips/Directors Fees etc19%6,245$4,347$27,148,898
Business Income11%3,525$18,673$65,824,009
Foreign Income3%1,125$2,578$2,900,586
Government payments9%2,860$5,330$15,243,306
Government pensions6%1,915$9,171$17,562,339
Total Income or Loss100%33,085$49,004$1,621,282,591
Charitable Gifts29%9,735$292$2,845,568
Cost of Tax Affairs48%15,990$350$5,595,356
Work Car expenses31%10,455$2,841$29,702,986
Work Travel expenses11%3,625$2,035$7,377,573
Self Education expenses4%1,455$1,768$2,573,093
Total Deductions82%27,300$3,022$82,506,404
Taxable Income99%33,010$46,506$1,535,157,174
Medicare Levy 70%23,415$872$20,412,969
Medicare Surcharge 1%460$1,285$590,908
Gross Tax 81%26,840$10,379$278,574,533
Net Tax 74%24,550$11,560$283,809,960
Average Tax 100%33,240 $8,538$283,809,960
Gross Tax Rate 81%26,840 22%$278,574,533
Net Tax Rate 74%24,550 25%$283,809,960
Average Tax Rate 100%33,240 18%$283,809,960
%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 $46,506. It is estimated that the average taxable income for people who paid a net amount of tax was $58397.

The average net tax paid was $11,560. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 23,415 people for an average of $872. 460 people paid $1,285 on average more for the Medicare surcharge.

26,435 people earned a salary or wage and took home an average of $48,606 each.

Government allowance and payments were collected by 2,860 people for on average $5,330. 1,915 people received the pension or other allowance.

Charitable gifts and donations of an average of $292 were made by 9,735 people.

The costs of tax affairs for 15,990 people were claimed for $350 each.