TaxStats for postcode 4551 FY2013
Postcode 4551 includes Aroona, Battery Hill, Bells Creek, Caloundra, Caloundra Bc, Caloundra Dc, Caloundra West, Currimundi, Dicky Beach, Golden Beach, Kings Beach, Little Mountain, Meridan Plains, Moffat Beach, Pelican Waters, Shelly Beach, Shelly Beach in Queensland, and is in the federal electorate of Fisher.
In FY 2013 the ATO recorded 27,750 individuals in postcode 4551. Of these people, 27,555 made a taxable income or loss. 21,460 of the population paid a gross amount of tax. After tax offsets, 19,045 people actually paid a net amount of tax. There were 8,510 non-taxable people who paid net tax of $0.
Compare TaxStats of 4551 with QLD
| 4551 TaxStats FY2013 | %Ppl | #Ppl | 4551 Avg | 4551 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 27,750 | ||
| Income | ||||
| Salary or Wage | 71% | 19,710 | $50,312 | $991,653,350 |
| Gross Interest | 56% | 15,505 | $2,171 | $33,656,336 |
| Unfranked Dividends | 10% | 2,655 | $625 | $1,658,079 |
| Franked Dividends | 23% | 6,500 | $5,692 | $36,997,471 |
| Dividend Franking Credit | 23% | 6,470 | $2,449 | $15,844,853 |
| Capital Gains | 4% | 1,210 | $17,283 | $20,912,250 |
| Termination Payouts | 2% | 670 | $7,785 | $5,215,974 |
| Tips/Directors Fees etc | 18% | 4,960 | $3,760 | $18,649,982 |
| Business Income | 9% | 2,475 | $17,384 | $43,025,722 |
| Foreign Income | 6% | 1,685 | $1,505 | $2,535,884 |
| Government payments | 9% | 2,370 | $5,065 | $12,004,891 |
| Government pensions | 9% | 2,560 | $9,389 | $24,034,998 |
| Total Income or Loss | 100% | 27,630 | $49,787 | $1,375,617,534 |
| Deducations | ||||
| Charitable Gifts | 32% | 8,930 | $329 | $2,939,737 |
| Cost of Tax Affairs | 49% | 13,600 | $370 | $5,030,608 |
| Work Car expenses | 26% | 7,165 | $2,684 | $19,230,621 |
| Work Travel expenses | 9% | 2,445 | $2,230 | $5,452,544 |
| Self Education expenses | 3% | 950 | $1,499 | $1,423,885 |
| Total Deductions | 81% | 22,450 | $2,921 | $65,568,942 |
| Taxation | ||||
| Taxable Income | 99% | 27,555 | $47,416 | $1,306,541,055 |
| Medicare Levy | 65% | 18,065 | $944 | $17,062,330 |
| Medicare Surcharge | 2% | 440 | $1,376 | $605,239 |
| Gross Tax | 77% | 21,460 | $11,752 | $252,199,706 |
| Net Tax | 69% | 19,045 | $13,250 | $252,346,618 |
| Average Tax | 100% | 27,750 | $9,094 | $252,346,618 |
| Gross Tax Rate | 77% | 21,460 | 25% | $252,199,706 |
| Net Tax Rate | 69% | 19,045 | 28% | $252,346,618 |
| Average Tax Rate | 100% | 27,750 | 19% | $252,346,618 |
| %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 $47,416. It is estimated that the average taxable income for people who paid a net amount of tax was $63241.
The average net tax paid was $13,250. This equates to an average tax of 28 cents in the dollar on taxable income.
The Medicare levy was paid by 18,065 people for an average of $944. 440 people paid $1,376 on average more for the Medicare surcharge.
19,710 people earned a salary or wage and took home an average of $50,312 each.
Government allowance and payments were collected by 2,370 people for on average $5,065. 2,560 people received the pension or other allowance.
Charitable gifts and donations of an average of $329 were made by 8,930 people.
The costs of tax affairs for 13,600 people were claimed for $370 each.