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 | #Ppl | 4224 Avg | 4224 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 3,745 | ||
| Income | ||||
| Salary or Wage | 78% | 2,930 | $48,138 | $141,044,077 |
| Gross Interest | 51% | 1,920 | $1,962 | $3,766,083 |
| Unfranked Dividends | 6% | 240 | $558 | $133,959 |
| Franked Dividends | 18% | 670 | $7,231 | $4,844,821 |
| Dividend Franking Credit | 18% | 665 | $3,122 | $2,075,859 |
| Capital Gains | 3% | 115 | $12,324 | $1,417,292 |
| Termination Payouts | 3% | 95 | $9,334 | $886,715 |
| Tips/Directors Fees etc | 20% | 760 | $3,750 | $2,850,341 |
| Business Income | 12% | 435 | $16,594 | $7,218,470 |
| Foreign Income | 5% | 170 | $8,125 | $1,381,293 |
| Government payments | 11% | 425 | $5,011 | $2,129,642 |
| Government pensions | 6% | 215 | $9,085 | $1,953,248 |
| Total Income or Loss | 100% | 3,740 | $50,973 | $190,639,796 |
| Deducations | ||||
| Charitable Gifts | 31% | 1,150 | $324 | $372,898 |
| Cost of Tax Affairs | 50% | 1,880 | $330 | $620,126 |
| Work Car expenses | 30% | 1,115 | $2,660 | $2,966,426 |
| Work Travel expenses | 11% | 405 | $2,262 | $916,146 |
| Self Education expenses | 4% | 160 | $1,735 | $277,526 |
| Total Deductions | 83% | 3,095 | $3,073 | $9,509,765 |
| Taxation | ||||
| Taxable Income | 99% | 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.