TaxStats for postcode 4215 FY2013

Postcode 4215 includes Australia Fair, Chirn Park, Labrador, Southport, Southport Bc, Southport Park in Queensland, and is in the federal electorate of Fadden.

In FY 2013 the ATO recorded 25,320 individuals in postcode 4215. Of these people, 25,065 made a taxable income or loss. 19,565 of the population paid a gross amount of tax. After tax offsets, 17,565 people actually paid a net amount of tax. There were 7,500 non-taxable people who paid net tax of $0.

Compare TaxStats of 4215 with QLD

4215 TaxStats FY2013%Ppl#Ppl4215
Avg
4215
Total
Total Individuals100%25,320
Income
Salary or Wage 78%19,650$43,907$862,779,928
Gross Interest49%12,480$1,950$24,333,838
Unfranked Dividends5%1,285$850$1,092,142
Franked Dividends13%3,265$9,516$31,069,168
Dividend Franking Credit13%3,255$4,088$13,307,912
Capital Gains3%670$12,033$8,061,830
Termination Payouts2%595$10,019$5,961,386
Tips/Directors Fees etc17%4,350$3,702$16,105,142
Business Income10%2,495$21,339$53,241,948
Foreign Income4%965$1,839$1,774,600
Government payments12%3,090$5,856$18,094,528
Government pensions6%1,635$9,637$15,757,294
Total Income or Loss100%25,195$46,214$1,164,373,578
Deducations
Charitable Gifts26%6,565$351$2,302,040
Cost of Tax Affairs47%11,820$368$4,352,753
Work Car expenses27%6,820$2,667$18,189,354
Work Travel expenses10%2,650$1,686$4,468,325
Self Education expenses5%1,215$2,046$2,485,361
Total Deductions79%19,995$2,931$58,601,074
Taxation
Taxable Income99%25,065$43,955$1,101,733,484
Medicare Levy 65%16,375$865$14,172,013
Medicare Surcharge 1%350$1,561$546,277
Gross Tax 77%19,565$10,311$201,725,546
Net Tax 69%17,565$11,607$203,868,271
Average Tax 100%25,320 $8,052$203,868,271
Gross Tax Rate 77%19,565 23%$201,725,546
Net Tax Rate 69%17,565 26%$203,868,271
Average Tax Rate 100%25,320 18%$203,868,271
%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 $43,955. It is estimated that the average taxable income for people who paid a net amount of tax was $57599.

The average net tax paid was $11,607. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 16,375 people for an average of $865. 350 people paid $1,561 on average more for the Medicare surcharge.

19,650 people earned a salary or wage and took home an average of $43,907 each.

Government allowance and payments were collected by 3,090 people for on average $5,856. 1,635 people received the pension or other allowance.

Charitable gifts and donations of an average of $351 were made by 6,565 people.

The costs of tax affairs for 11,820 people were claimed for $368 each.