TaxStats for postcode 4228 FY2013

Postcode 4228 includes Tallebudgera, Tallebudgera Valley in Queensland, and is in the federal electorate of McPherson.

In FY 2013 the ATO recorded 3,380 individuals in postcode 4228. Of these people, 3,345 made a taxable income or loss. 2,640 of the population paid a gross amount of tax. After tax offsets, 2,365 people actually paid a net amount of tax. There were 980 non-taxable people who paid net tax of $0.

Compare TaxStats of 4228 with QLD

4228 TaxStats FY2013%Ppl#Ppl4228
Total Individuals100%3,380
Salary or Wage 70%2,365$51,487$121,766,166
Gross Interest54%1,840$2,021$3,718,705
Unfranked Dividends8%265$524$138,966
Franked Dividends22%735$10,070$7,401,744
Dividend Franking Credit22%730$4,345$3,171,698
Capital Gains4%130$10,712$1,392,550
Termination Payouts2%70$9,501$665,094
Tips/Directors Fees etc18%605$6,719$4,064,995
Business Income13%450$21,129$9,508,240
Foreign Income5%160$3,972$635,458
Government payments7%225$5,151$1,159,050
Government pensions5%170$9,076$1,542,866
Total Income or Loss100%3,370$54,245$182,806,369
Charitable Gifts28%940$318$299,358
Cost of Tax Affairs48%1,625$405$657,476
Work Car expenses26%890$3,055$2,718,547
Work Travel expenses9%310$1,960$607,741
Self Education expenses4%120$1,947$233,641
Total Deductions79%2,665$3,490$9,299,942
Taxable Income99%3,345$51,547$172,425,128
Medicare Levy 68%2,285$1,017$2,323,249
Medicare Surcharge 1%45$1,408$63,368
Gross Tax 78%2,640$13,526$35,708,378
Net Tax 70%2,365$15,275$36,125,774
Average Tax 100%3,380 $10,688$36,125,774
Gross Tax Rate 78%2,640 26%$35,708,378
Net Tax Rate 70%2,365 30%$36,125,774
Average Tax Rate 100%3,380 21%$36,125,774
%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 $51,547. It is estimated that the average taxable income for people who paid a net amount of tax was $67935.

The average net tax paid was $15,275. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 2,285 people for an average of $1,017. 45 people paid $1,408 on average more for the Medicare surcharge.

2,365 people earned a salary or wage and took home an average of $51,487 each.

Government allowance and payments were collected by 225 people for on average $5,151. 170 people received the pension or other allowance.

Charitable gifts and donations of an average of $318 were made by 940 people.

The costs of tax affairs for 1,625 people were claimed for $405 each.