TaxStats for postcode 4558 FY2013
Postcode 4558 includes Cotton Tree, Kuluin, Maroochydore, Maroochydore Bc, Maroochydore Dc, Sunshine Plaza in Queensland, and is in the federal electorate of Fairfax.
In FY 2013 the ATO recorded 10,995 individuals in postcode 4558. Of these people, 10,910 made a taxable income or loss. 8,580 of the population paid a gross amount of tax. After tax offsets, 7,645 people actually paid a net amount of tax. There were 3,265 non-taxable people who paid net tax of $0.
Compare TaxStats of 4558 with QLD
| 4558 TaxStats FY2013 | %Ppl | #Ppl | 4558 Avg | 4558 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 10,995 | ||
| Income | ||||
| Salary or Wage | 73% | 7,975 | $46,064 | $367,362,650 |
| Gross Interest | 55% | 6,020 | $1,911 | $11,501,289 |
| Unfranked Dividends | 8% | 880 | $782 | $688,364 |
| Franked Dividends | 20% | 2,240 | $7,208 | $16,146,179 |
| Dividend Franking Credit | 20% | 2,235 | $3,092 | $6,910,757 |
| Capital Gains | 4% | 455 | $13,035 | $5,930,750 |
| Termination Payouts | 2% | 230 | $6,752 | $1,553,050 |
| Tips/Directors Fees etc | 18% | 1,975 | $3,226 | $6,371,797 |
| Business Income | 10% | 1,105 | $20,134 | $22,248,377 |
| Foreign Income | 5% | 590 | $989 | $583,504 |
| Government payments | 10% | 1,145 | $5,062 | $5,796,052 |
| Government pensions | 8% | 895 | $9,213 | $8,245,600 |
| Total Income or Loss | 100% | 10,950 | $46,834 | $512,834,961 |
| Deducations | ||||
| Charitable Gifts | 31% | 3,420 | $336 | $1,148,212 |
| Cost of Tax Affairs | 47% | 5,195 | $347 | $1,804,760 |
| Work Car expenses | 25% | 2,755 | $2,688 | $7,404,462 |
| Work Travel expenses | 9% | 960 | $2,094 | $2,010,538 |
| Self Education expenses | 4% | 425 | $1,594 | $677,599 |
| Total Deductions | 80% | 8,820 | $2,837 | $25,022,982 |
| Taxation | ||||
| Taxable Income | 99% | 10,910 | $44,609 | $486,685,762 |
| Medicare Levy | 66% | 7,240 | $865 | $6,264,337 |
| Medicare Surcharge | 2% | 165 | $1,263 | $208,350 |
| Gross Tax | 78% | 8,580 | $10,280 | $88,202,913 |
| Net Tax | 70% | 7,645 | $11,418 | $87,290,674 |
| Average Tax | 100% | 10,995 | $7,939 | $87,290,674 |
| Gross Tax Rate | 78% | 8,580 | 23% | $88,202,913 |
| Net Tax Rate | 70% | 7,645 | 26% | $87,290,674 |
| Average Tax Rate | 100% | 10,995 | 18% | $87,290,674 |
| %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 $44,609. It is estimated that the average taxable income for people who paid a net amount of tax was $58536.
The average net tax paid was $11,418. This equates to an average tax of 26 cents in the dollar on taxable income.
The Medicare levy was paid by 7,240 people for an average of $865. 165 people paid $1,263 on average more for the Medicare surcharge.
7,975 people earned a salary or wage and took home an average of $46,064 each.
Government allowance and payments were collected by 1,145 people for on average $5,062. 895 people received the pension or other allowance.
Charitable gifts and donations of an average of $336 were made by 3,420 people.
The costs of tax affairs for 5,195 people were claimed for $347 each.