TaxStats for postcode 4217 FY2013
Postcode 4217 includes Benowa, Bundall, Bundall Bc, Bundall Dc, Chevron Island, Gold Coast Mc, Isle Of Capri, Main Beach, Surfers Paradise in Queensland, and is in the federal electorate of Moncrieff.
In FY 2013 the ATO recorded 24,095 individuals in postcode 4217. Of these people, 23,785 made a taxable income or loss. 18,140 of the population paid a gross amount of tax. After tax offsets, 16,230 people actually paid a net amount of tax. There were 7,555 non-taxable people who paid net tax of $0.
Compare TaxStats of 4217 with QLD
| 4217 TaxStats FY2013 | %Ppl | #Ppl | 4217 Avg | 4217 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 24,095 | ||
| Income | ||||
| Salary or Wage | 70% | 16,885 | $48,321 | $815,892,038 |
| Gross Interest | 53% | 12,820 | $3,459 | $44,343,147 |
| Unfranked Dividends | 7% | 1,740 | $1,250 | $2,175,186 |
| Franked Dividends | 20% | 4,725 | $19,608 | $92,645,956 |
| Dividend Franking Credit | 20% | 4,700 | $8,446 | $39,696,575 |
| Capital Gains | 4% | 940 | $39,900 | $37,505,963 |
| Termination Payouts | 2% | 460 | $9,906 | $4,556,879 |
| Tips/Directors Fees etc | 15% | 3,585 | $6,878 | $24,656,036 |
| Business Income | 10% | 2,395 | $27,679 | $66,290,872 |
| Foreign Income | 5% | 1,280 | $6,063 | $7,760,024 |
| Government payments | 8% | 1,830 | $5,700 | $10,430,656 |
| Government pensions | 5% | 1,260 | $9,352 | $11,783,859 |
| Total Income or Loss | 99% | 23,950 | $57,740 | $1,382,864,454 |
| Deducations | ||||
| Charitable Gifts | 23% | 5,440 | $854 | $4,644,979 |
| Cost of Tax Affairs | 45% | 10,810 | $584 | $6,309,899 |
| Work Car expenses | 23% | 5,590 | $3,115 | $17,411,416 |
| Work Travel expenses | 10% | 2,310 | $2,008 | $4,637,903 |
| Self Education expenses | 4% | 965 | $2,128 | $2,053,672 |
| Total Deductions | 74% | 17,810 | $3,938 | $70,144,515 |
| Taxation | ||||
| Taxable Income | 99% | 23,785 | $54,821 | $1,303,923,122 |
| Medicare Levy | 63% | 15,150 | $1,149 | $17,401,235 |
| Medicare Surcharge | 1% | 355 | $1,391 | $493,858 |
| Gross Tax | 75% | 18,140 | $16,622 | $301,517,515 |
| Net Tax | 67% | 16,230 | $18,906 | $306,849,709 |
| Average Tax | 100% | 24,095 | $12,735 | $306,849,709 |
| Gross Tax Rate | 75% | 18,140 | 30% | $301,517,515 |
| Net Tax Rate | 67% | 16,230 | 34% | $306,849,709 |
| Average Tax Rate | 100% | 24,095 | 23% | $306,849,709 |
| %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 $54,821. It is estimated that the average taxable income for people who paid a net amount of tax was $74754.
The average net tax paid was $18,906. This equates to an average tax of 34 cents in the dollar on taxable income.
The Medicare levy was paid by 15,150 people for an average of $1,149. 355 people paid $1,391 on average more for the Medicare surcharge.
16,885 people earned a salary or wage and took home an average of $48,321 each.
Government allowance and payments were collected by 1,830 people for on average $5,700. 1,260 people received the pension or other allowance.
Charitable gifts and donations of an average of $854 were made by 5,440 people.
The costs of tax affairs for 10,810 people were claimed for $584 each.