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 | #Ppl | 4211 Avg | 4211 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 33,240 | ||
| Income | ||||
| Salary or Wage | 80% | 26,435 | $48,606 | $1,284,907,096 |
| Gross Interest | 48% | 16,105 | $1,363 | $21,957,786 |
| Unfranked Dividends | 5% | 1,660 | $700 | $1,162,826 |
| Franked Dividends | 14% | 4,495 | $6,714 | $30,178,718 |
| Dividend Franking Credit | 13% | 4,480 | $2,883 | $12,914,320 |
| Capital Gains | 3% | 865 | $12,263 | $10,607,091 |
| Termination Payouts | 2% | 790 | $7,173 | $5,666,998 |
| Tips/Directors Fees etc | 19% | 6,245 | $4,347 | $27,148,898 |
| Business Income | 11% | 3,525 | $18,673 | $65,824,009 |
| Foreign Income | 3% | 1,125 | $2,578 | $2,900,586 |
| Government payments | 9% | 2,860 | $5,330 | $15,243,306 |
| Government pensions | 6% | 1,915 | $9,171 | $17,562,339 |
| Total Income or Loss | 100% | 33,085 | $49,004 | $1,621,282,591 |
| Deducations | ||||
| Charitable Gifts | 29% | 9,735 | $292 | $2,845,568 |
| Cost of Tax Affairs | 48% | 15,990 | $350 | $5,595,356 |
| Work Car expenses | 31% | 10,455 | $2,841 | $29,702,986 |
| Work Travel expenses | 11% | 3,625 | $2,035 | $7,377,573 |
| Self Education expenses | 4% | 1,455 | $1,768 | $2,573,093 |
| Total Deductions | 82% | 27,300 | $3,022 | $82,506,404 |
| Taxation | ||||
| Taxable Income | 99% | 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.