TaxStats for postcode 4216 FY2013

Postcode 4216 includes Biggera Waters, Coombabah, Hollywell, Paradise Point, Runaway Bay, South Stradbroke in Queensland, and is in the federal electorate of Fadden.

In FY 2013 the ATO recorded 20,155 individuals in postcode 4216. Of these people, 19,995 made a taxable income or loss. 15,865 of the population paid a gross amount of tax. After tax offsets, 14,185 people actually paid a net amount of tax. There were 5,810 non-taxable people who paid net tax of $0.

Compare TaxStats of 4216 with QLD

4216 TaxStats FY2013%Ppl#Ppl4216
Total Individuals100%20,155
Salary or Wage 70%14,015$51,467$721,309,903
Gross Interest55%11,105$2,961$32,886,816
Unfranked Dividends8%1,590$1,342$2,133,774
Franked Dividends22%4,405$16,176$71,254,321
Dividend Franking Credit22%4,395$6,949$30,540,486
Capital Gains4%800$104,491$83,592,789
Termination Payouts2%470$12,029$5,653,577
Tips/Directors Fees etc17%3,430$5,991$20,549,867
Business Income10%1,960$21,745$42,620,441
Foreign Income5%1,080$-2,488$-2,687,272
Government payments8%1,610$5,394$8,684,410
Government pensions8%1,595$9,584$15,286,602
Total Income or Loss100%20,075$58,993$1,184,293,794
Charitable Gifts27%5,515$374$2,062,346
Cost of Tax Affairs48%9,710$438$4,253,504
Work Car expenses25%5,090$3,086$15,708,812
Work Travel expenses10%2,090$2,188$4,573,152
Self Education expenses3%700$1,794$1,255,623
Total Deductions79%15,845$3,518$55,739,505
Taxable Income99%19,995$56,279$1,125,303,396
Medicare Levy 67%13,525$1,121$15,160,182
Medicare Surcharge 1%300$1,260$378,137
Gross Tax 79%15,865$16,311$258,771,501
Net Tax 70%14,185$18,476$262,083,445
Average Tax 100%20,155 $13,003$262,083,445
Gross Tax Rate 79%15,865 29%$258,771,501
Net Tax Rate 70%14,185 33%$262,083,445
Average Tax Rate 100%20,155 23%$262,083,445
%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 $56,279. It is estimated that the average taxable income for people who paid a net amount of tax was $74415.

The average net tax paid was $18,476. This equates to an average tax of 33 cents in the dollar on taxable income.

The Medicare levy was paid by 13,525 people for an average of $1,121. 300 people paid $1,260 on average more for the Medicare surcharge.

14,015 people earned a salary or wage and took home an average of $51,467 each.

Government allowance and payments were collected by 1,610 people for on average $5,394. 1,595 people received the pension or other allowance.

Charitable gifts and donations of an average of $374 were made by 5,515 people.

The costs of tax affairs for 9,710 people were claimed for $438 each.