TaxStats for postcode 4225 FY2013

Postcode 4225 includes Bilinga, Coolangatta in Queensland, and is in the federal electorate of McPherson.

In FY 2013 the ATO recorded 4,345 individuals in postcode 4225. Of these people, 4,305 made a taxable income or loss. 3,335 of the population paid a gross amount of tax. After tax offsets, 2,960 people actually paid a net amount of tax. There were 1,345 non-taxable people who paid net tax of $0.

Compare TaxStats of 4225 with QLD

4225 TaxStats FY2013%Ppl#Ppl4225
Total Individuals100%4,345
Salary or Wage 70%3,045$45,778$139,394,141
Gross Interest53%2,305$3,333$7,681,876
Unfranked Dividends8%335$1,416$474,295
Franked Dividends21%905$8,366$7,570,977
Dividend Franking Credit21%900$3,604$3,243,400
Capital Gains4%190$12,108$2,300,516
Termination Payouts2%90$8,033$722,973
Tips/Directors Fees etc19%830$5,186$4,304,692
Business Income11%490$22,483$11,016,878
Foreign Income4%195$2,621$511,157
Government payments11%490$5,561$2,725,083
Government pensions7%310$9,047$2,804,643
Total Income or Loss100%4,335$47,837$207,371,469
Charitable Gifts26%1,145$465$532,260
Cost of Tax Affairs49%2,130$422$899,436
Work Car expenses27%1,180$2,566$3,028,432
Work Travel expenses10%450$2,024$910,962
Self Education expenses5%205$1,791$367,149
Total Deductions79%3,415$3,590$12,260,192
Taxable Income99%4,305$45,146$194,352,446
Medicare Levy 64%2,780$903$2,509,887
Medicare Surcharge 2%70$1,441$100,885
Gross Tax 77%3,335$11,042$36,823,798
Net Tax 68%2,960$12,502$37,007,148
Average Tax 100%4,345 $8,517$37,007,148
Gross Tax Rate 77%3,335 24%$36,823,798
Net Tax Rate 68%2,960 28%$37,007,148
Average Tax Rate 100%4,345 19%$37,007,148
%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 $45,146. It is estimated that the average taxable income for people who paid a net amount of tax was $60207.

The average net tax paid was $12,502. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 2,780 people for an average of $903. 70 people paid $1,441 on average more for the Medicare surcharge.

3,045 people earned a salary or wage and took home an average of $45,778 each.

Government allowance and payments were collected by 490 people for on average $5,561. 310 people received the pension or other allowance.

Charitable gifts and donations of an average of $465 were made by 1,145 people.

The costs of tax affairs for 2,130 people were claimed for $422 each.