TaxStats for postcode 4521 FY2013

Postcode 4521 includes Campbells Pocket, Dayboro, King Scrub, Laceys Creek, Mount Mee, Mount Pleasant, Ocean View, Rush Creek in Queensland, and is in the federal electorate of Longman.

In FY 2013 the ATO recorded 2,625 individuals in postcode 4521. Of these people, 2,600 made a taxable income or loss. 2,080 of the population paid a gross amount of tax. After tax offsets, 1,915 people actually paid a net amount of tax. There were 685 non-taxable people who paid net tax of $0.

Compare TaxStats of 4521 with QLD

4521 TaxStats FY2013%Ppl#Ppl4521
Avg
4521
Total
Total Individuals100%2,625
Income
Salary or Wage 75%1,965$59,364$116,649,603
Gross Interest57%1,485$1,566$2,325,809
Unfranked Dividends10%260$475$123,623
Franked Dividends22%575$10,842$6,234,004
Dividend Franking Credit22%570$4,687$2,671,486
Capital Gains5%140$16,425$2,299,529
Termination Payouts3%75$12,156$911,717
Tips/Directors Fees etc18%470$5,840$2,744,612
Business Income12%305$10,730$3,272,597
Foreign Income7%185$1,313$242,875
Government payments4%110$4,840$532,424
Government pensions4%105$9,579$1,005,842
Total Income or Loss99%2,610$59,505$155,309,095
Deducations
Charitable Gifts35%930$409$380,163
Cost of Tax Affairs49%1,290$415$535,198
Work Car expenses24%620$2,762$1,712,221
Work Travel expenses8%220$2,464$542,044
Self Education expenses3%90$1,401$126,124
Total Deductions81%2,130$3,054$6,504,572
Taxation
Taxable Income99%2,600$56,901$147,943,633
Medicare Levy 71%1,875$1,103$2,068,734
Medicare Surcharge 2%45$1,350$60,756
Gross Tax 79%2,080$15,581$32,407,672
Net Tax 73%1,915$17,179$32,898,434
Average Tax 100%2,625 $12,533$32,898,434
Gross Tax Rate 79%2,080 27%$32,407,672
Net Tax Rate 73%1,915 30%$32,898,434
Average Tax Rate 100%2,625 22%$32,898,434
%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 $56,901. It is estimated that the average taxable income for people who paid a net amount of tax was $72963.

The average net tax paid was $17,179. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 1,875 people for an average of $1,103. 45 people paid $1,350 on average more for the Medicare surcharge.

1,965 people earned a salary or wage and took home an average of $59,364 each.

Government allowance and payments were collected by 110 people for on average $4,840. 105 people received the pension or other allowance.

Charitable gifts and donations of an average of $409 were made by 930 people.

The costs of tax affairs for 1,290 people were claimed for $415 each.