TaxStats for postcode 4507 FY2013

Postcode 4507 includes Banksia Beach, Bellara, Bongaree, Bribie Island, Bribie Island North, Welsby, White Patch, Woorim in Queensland, and is in the federal electorate of Longman.

In FY 2013 the ATO recorded 8,335 individuals in postcode 4507. Of these people, 8,260 made a taxable income or loss. 6,160 of the population paid a gross amount of tax. After tax offsets, 5,240 people actually paid a net amount of tax. There were 3,020 non-taxable people who paid net tax of $0.

Compare TaxStats of 4507 with QLD

4507 TaxStats FY2013%Ppl#Ppl4507
Total Individuals100%8,335
Salary or Wage 64%5,350$49,298$263,743,740
Gross Interest56%4,700$2,551$11,990,986
Unfranked Dividends11%890$494$439,756
Franked Dividends27%2,210$7,231$15,979,575
Dividend Franking Credit27%2,210$3,094$6,838,722
Capital Gains5%390$11,384$4,439,830
Termination Payouts2%205$9,249$1,895,951
Tips/Directors Fees etc17%1,425$3,548$5,056,288
Business Income8%635$15,697$9,967,518
Foreign Income7%550$1,177$647,515
Government payments9%725$5,165$3,744,718
Government pensions14%1,130$9,335$10,549,019
Total Income or Loss100%8,295$46,313$384,167,409
Charitable Gifts32%2,635$279$735,314
Cost of Tax Affairs49%4,085$322$1,315,352
Work Car expenses21%1,720$2,864$4,925,482
Work Travel expenses8%690$2,664$1,838,095
Self Education expenses3%230$1,506$346,401
Total Deductions78%6,465$2,707$17,503,954
Taxable Income99%8,260$44,265$365,627,043
Medicare Levy 59%4,930$927$4,572,156
Medicare Surcharge 1%110$1,326$145,885
Gross Tax 74%6,160$11,084$68,274,852
Net Tax 63%5,240$12,717$66,639,320
Average Tax 100%8,335 $7,995$66,639,320
Gross Tax Rate 74%6,160 25%$68,274,852
Net Tax Rate 63%5,240 29%$66,639,320
Average Tax Rate 100%8,335 18%$66,639,320
%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 $44,265. It is estimated that the average taxable income for people who paid a net amount of tax was $62860.

The average net tax paid was $12,717. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 4,930 people for an average of $927. 110 people paid $1,326 on average more for the Medicare surcharge.

5,350 people earned a salary or wage and took home an average of $49,298 each.

Government allowance and payments were collected by 725 people for on average $5,165. 1,130 people received the pension or other allowance.

Charitable gifts and donations of an average of $279 were made by 2,635 people.

The costs of tax affairs for 4,085 people were claimed for $322 each.