TaxStats for postcode 4553 FY2013

Postcode 4553 includes Diamond Valley, Glenview, Mooloolah, Mooloolah Valley, Palmview in Queensland, and is in the federal electorate of Fisher.

In FY 2013 the ATO recorded 3,130 individuals in postcode 4553. Of these people, 3,105 made a taxable income or loss. 2,425 of the population paid a gross amount of tax. After tax offsets, 2,195 people actually paid a net amount of tax. There were 910 non-taxable people who paid net tax of $0.

Compare TaxStats of 4553 with QLD

4553 TaxStats FY2013%Ppl#Ppl4553
Total Individuals100%3,130
Salary or Wage 73%2,300$51,109$117,550,254
Gross Interest54%1,695$1,526$2,586,637
Unfranked Dividends8%255$732$186,758
Franked Dividends18%570$4,557$2,597,271
Dividend Franking Credit18%570$1,948$1,110,553
Capital Gains3%95$10,185$967,536
Termination Payouts2%75$7,172$537,867
Tips/Directors Fees etc19%590$3,873$2,285,134
Business Income11%350$17,552$6,143,091
Foreign Income5%170$3,157$536,638
Government payments8%245$5,349$1,310,445
Government pensions6%185$8,460$1,565,147
Total Income or Loss100%3,115$51,148$159,326,808
Charitable Gifts29%910$346$314,822
Cost of Tax Affairs47%1,480$340$502,614
Work Car expenses25%790$2,845$2,247,624
Work Travel expenses8%265$3,087$818,024
Self Education expenses4%115$1,882$216,459
Total Deductions80%2,495$3,067$7,653,371
Taxable Income99%3,105$48,715$151,259,883
Medicare Levy 67%2,085$964$2,010,457
Medicare Surcharge 2%60$1,449$86,944
Gross Tax 77%2,425$12,119$29,387,923
Net Tax 70%2,195$13,491$29,613,820
Average Tax 100%3,130 $9,461$29,613,820
Gross Tax Rate 77%2,425 25%$29,387,923
Net Tax Rate 70%2,195 28%$29,613,820
Average Tax Rate 100%3,130 19%$29,613,820
%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 $48,715. It is estimated that the average taxable income for people who paid a net amount of tax was $63936.

The average net tax paid was $13,491. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 2,085 people for an average of $964. 60 people paid $1,449 on average more for the Medicare surcharge.

2,300 people earned a salary or wage and took home an average of $51,109 each.

Government allowance and payments were collected by 245 people for on average $5,349. 185 people received the pension or other allowance.

Charitable gifts and donations of an average of $346 were made by 910 people.

The costs of tax affairs for 1,480 people were claimed for $340 each.