TaxStats for postcode 4220 FY2013

Postcode 4220 includes Burleigh Bc, Burleigh Dc, Burleigh Heads, Burleigh Town, Burleigh Waters, Miami in Queensland, and is in the federal electorate of McPherson.

In FY 2013 the ATO recorded 18,515 individuals in postcode 4220. Of these people, 18,380 made a taxable income or loss. 14,815 of the population paid a gross amount of tax. After tax offsets, 13,410 people actually paid a net amount of tax. There were 4,970 non-taxable people who paid net tax of $0.

Compare TaxStats of 4220 with QLD

4220 TaxStats FY2013%Ppl#Ppl4220
Avg
4220
Total
Total Individuals100%18,515
Income
Salary or Wage 75%13,945$50,388$702,660,880
Gross Interest54%10,075$1,815$18,289,292
Unfranked Dividends7%1,315$745$980,123
Franked Dividends19%3,530$7,347$25,935,137
Dividend Franking Credit19%3,505$3,171$11,115,370
Capital Gains4%650$11,337$7,369,106
Termination Payouts2%430$9,374$4,030,777
Tips/Directors Fees etc17%3,220$4,814$15,502,018
Business Income11%2,090$20,039$41,881,271
Foreign Income5%980$2,498$2,448,517
Government payments9%1,590$5,364$8,529,392
Government pensions6%1,185$9,060$10,736,610
Total Income or Loss100%18,450$51,403$948,384,769
Deducations
Charitable Gifts30%5,500$291$1,598,463
Cost of Tax Affairs50%9,310$352$3,277,436
Work Car expenses30%5,630$2,834$15,955,639
Work Travel expenses11%2,100$1,922$4,035,638
Self Education expenses5%860$1,986$1,707,548
Total Deductions81%15,050$3,328$50,091,890
Taxation
Taxable Income99%18,380$48,744$895,913,569
Medicare Levy 69%12,825$931$11,937,936
Medicare Surcharge 1%275$1,368$376,222
Gross Tax 80%14,815$11,631$172,308,912
Net Tax 72%13,410$13,069$175,253,311
Average Tax 100%18,515 $9,465$175,253,311
Gross Tax Rate 80%14,815 24%$172,308,912
Net Tax Rate 72%13,410 27%$175,253,311
Average Tax Rate 100%18,515 19%$175,253,311
%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 $48,744. It is estimated that the average taxable income for people who paid a net amount of tax was $62362.

The average net tax paid was $13,069. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 12,825 people for an average of $931. 275 people paid $1,368 on average more for the Medicare surcharge.

13,945 people earned a salary or wage and took home an average of $50,388 each.

Government allowance and payments were collected by 1,590 people for on average $5,364. 1,185 people received the pension or other allowance.

Charitable gifts and donations of an average of $291 were made by 5,500 people.

The costs of tax affairs for 9,310 people were claimed for $352 each.