TaxStats for postcode 4224 FY2013

Postcode 4224 includes Tugun, Tugun Heights in Queensland, and is in the federal electorate of McPherson.

In FY 2013 the ATO recorded 3,745 individuals in postcode 4224. Of these people, 3,725 made a taxable income or loss. 3,020 of the population paid a gross amount of tax. After tax offsets, 2,740 people actually paid a net amount of tax. There were 985 non-taxable people who paid net tax of $0.

Compare TaxStats of 4224 with QLD

4224 TaxStats FY2013%Ppl#Ppl4224
Total Individuals100%3,745
Salary or Wage 78%2,930$48,138$141,044,077
Gross Interest51%1,920$1,962$3,766,083
Unfranked Dividends6%240$558$133,959
Franked Dividends18%670$7,231$4,844,821
Dividend Franking Credit18%665$3,122$2,075,859
Capital Gains3%115$12,324$1,417,292
Termination Payouts3%95$9,334$886,715
Tips/Directors Fees etc20%760$3,750$2,850,341
Business Income12%435$16,594$7,218,470
Foreign Income5%170$8,125$1,381,293
Government payments11%425$5,011$2,129,642
Government pensions6%215$9,085$1,953,248
Total Income or Loss100%3,740$50,973$190,639,796
Charitable Gifts31%1,150$324$372,898
Cost of Tax Affairs50%1,880$330$620,126
Work Car expenses30%1,115$2,660$2,966,426
Work Travel expenses11%405$2,262$916,146
Self Education expenses4%160$1,735$277,526
Total Deductions83%3,095$3,073$9,509,765
Taxable Income99%3,725$48,525$180,756,694
Medicare Levy 70%2,620$917$2,403,295
Medicare Surcharge 1%50$1,541$77,032
Gross Tax 81%3,020$11,573$34,951,767
Net Tax 73%2,740$12,754$34,945,510
Average Tax 100%3,745 $9,331$34,945,510
Gross Tax Rate 81%3,020 24%$34,951,767
Net Tax Rate 73%2,740 26%$34,945,510
Average Tax Rate 100%3,745 19%$34,945,510
%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 $48,525. It is estimated that the average taxable income for people who paid a net amount of tax was $61656.

The average net tax paid was $12,754. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 2,620 people for an average of $917. 50 people paid $1,541 on average more for the Medicare surcharge.

2,930 people earned a salary or wage and took home an average of $48,138 each.

Government allowance and payments were collected by 425 people for on average $5,011. 215 people received the pension or other allowance.

Charitable gifts and donations of an average of $324 were made by 1,150 people.

The costs of tax affairs for 1,880 people were claimed for $330 each.