TaxStats for postcode 4218 FY2013
Postcode 4218 includes Broadbeach, Broadbeach Waters, Mermaid Beach, Mermaid Waters, Nobby Beach, Nobby Beach, Pacific Fair, Q Supercentre in Queensland, and is in the federal electorate of Moncrieff.
In FY 2013 the ATO recorded 20,130 individuals in postcode 4218. Of these people, 19,960 made a taxable income or loss. 16,095 of the population paid a gross amount of tax. After tax offsets, 14,615 people actually paid a net amount of tax. There were 5,345 non-taxable people who paid net tax of $0.
Compare TaxStats of 4218 with QLD
| 4218 TaxStats FY2013 | %Ppl | #Ppl | 4218 Avg | 4218 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 20,130 | ||
| Income | ||||
| Salary or Wage | 73% | 14,645 | $50,319 | $736,923,520 |
| Gross Interest | 54% | 10,880 | $2,715 | $29,539,484 |
| Unfranked Dividends | 8% | 1,560 | $989 | $1,542,943 |
| Franked Dividends | 20% | 4,060 | $14,495 | $58,850,956 |
| Dividend Franking Credit | 20% | 4,050 | $6,228 | $25,223,168 |
| Capital Gains | 4% | 830 | $16,425 | $13,632,775 |
| Termination Payouts | 2% | 430 | $8,903 | $3,828,297 |
| Tips/Directors Fees etc | 17% | 3,340 | $5,654 | $18,883,943 |
| Business Income | 11% | 2,190 | $23,172 | $50,746,881 |
| Foreign Income | 5% | 1,020 | $2,350 | $2,396,605 |
| Government payments | 8% | 1,655 | $5,459 | $9,034,737 |
| Government pensions | 5% | 1,100 | $9,480 | $10,427,717 |
| Total Income or Loss | 100% | 20,050 | $56,084 | $1,124,490,701 |
| Deducations | ||||
| Charitable Gifts | 28% | 5,560 | $502 | $2,793,665 |
| Cost of Tax Affairs | 48% | 9,710 | $443 | $4,303,383 |
| Work Car expenses | 28% | 5,650 | $3,119 | $17,623,971 |
| Work Travel expenses | 12% | 2,325 | $2,047 | $4,759,246 |
| Self Education expenses | 4% | 880 | $2,108 | $1,854,694 |
| Total Deductions | 79% | 15,970 | $4,066 | $64,927,803 |
| Taxation | ||||
| Taxable Income | 99% | 19,960 | $52,853 | $1,054,953,189 |
| Medicare Levy | 69% | 13,955 | $1,019 | $14,221,203 |
| Medicare Surcharge | 2% | 365 | $1,339 | $488,601 |
| Gross Tax | 80% | 16,095 | $13,811 | $222,280,389 |
| Net Tax | 73% | 14,615 | $15,491 | $226,404,112 |
| Average Tax | 100% | 20,130 | $11,247 | $226,404,112 |
| Gross Tax Rate | 80% | 16,095 | 26% | $222,280,389 |
| Net Tax Rate | 73% | 14,615 | 29% | $226,404,112 |
| Average Tax Rate | 100% | 20,130 | 21% | $226,404,112 |
| %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 $52,853. It is estimated that the average taxable income for people who paid a net amount of tax was $67794.
The average net tax paid was $15,491. This equates to an average tax of 29 cents in the dollar on taxable income.
The Medicare levy was paid by 13,955 people for an average of $1,019. 365 people paid $1,339 on average more for the Medicare surcharge.
14,645 people earned a salary or wage and took home an average of $50,319 each.
Government allowance and payments were collected by 1,655 people for on average $5,459. 1,100 people received the pension or other allowance.
Charitable gifts and donations of an average of $502 were made by 5,560 people.
The costs of tax affairs for 9,710 people were claimed for $443 each.