TaxStats for postcode 4559 FY2013
Postcode 4559 includes Diddillibah, Kiels Mountain, West Woombye, Woombye in Queensland, and is in the federal electorate of Fairfax.
In FY 2013 the ATO recorded 3,415 individuals in postcode 4559. Of these people, 3,385 made a taxable income or loss. 2,625 of the population paid a gross amount of tax. After tax offsets, 2,375 people actually paid a net amount of tax. There were 1,010 non-taxable people who paid net tax of $0.
Compare TaxStats of 4559 with QLD
| 4559 TaxStats FY2013 | %Ppl | #Ppl | 4559 Avg | 4559 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 3,415 | ||
| Income | ||||
| Salary or Wage | 73% | 2,495 | $48,552 | $121,137,788 |
| Gross Interest | 58% | 1,995 | $1,752 | $3,495,480 |
| Unfranked Dividends | 9% | 295 | $603 | $177,828 |
| Franked Dividends | 22% | 750 | $5,592 | $4,194,359 |
| Dividend Franking Credit | 22% | 745 | $2,410 | $1,795,479 |
| Capital Gains | 4% | 145 | $10,124 | $1,467,968 |
| Termination Payouts | 2% | 75 | $4,582 | $343,615 |
| Tips/Directors Fees etc | 19% | 660 | $3,551 | $2,343,506 |
| Business Income | 10% | 340 | $23,962 | $8,147,177 |
| Foreign Income | 6% | 205 | $493 | $101,134 |
| Government payments | 8% | 290 | $5,229 | $1,516,380 |
| Government pensions | 7% | 225 | $8,911 | $2,005,079 |
| Total Income or Loss | 100% | 3,400 | $50,310 | $171,052,949 |
| Deducations | ||||
| Charitable Gifts | 32% | 1,095 | $500 | $547,900 |
| Cost of Tax Affairs | 47% | 1,600 | $327 | $523,957 |
| Work Car expenses | 25% | 850 | $2,444 | $2,077,736 |
| Work Travel expenses | 8% | 275 | $2,250 | $618,846 |
| Self Education expenses | 4% | 130 | $1,499 | $194,913 |
| Total Deductions | 80% | 2,745 | $3,136 | $8,608,390 |
| Taxation | ||||
| Taxable Income | 99% | 3,385 | $47,840 | $161,938,334 |
| Medicare Levy | 67% | 2,275 | $945 | $2,149,409 |
| Medicare Surcharge | 2% | 60 | $1,343 | $80,608 |
| Gross Tax | 77% | 2,625 | $11,929 | $31,314,121 |
| Net Tax | 70% | 2,375 | $13,219 | $31,396,280 |
| Average Tax | 100% | 3,415 | $9,194 | $31,396,280 |
| Gross Tax Rate | 77% | 2,625 | 25% | $31,314,121 |
| Net Tax Rate | 70% | 2,375 | 28% | $31,396,280 |
| Average Tax Rate | 100% | 3,415 | 19% | $31,396,280 |
| %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 $47,840. It is estimated that the average taxable income for people who paid a net amount of tax was $63081.
The average net tax paid was $13,219. This equates to an average tax of 28 cents in the dollar on taxable income.
The Medicare levy was paid by 2,275 people for an average of $945. 60 people paid $1,343 on average more for the Medicare surcharge.
2,495 people earned a salary or wage and took home an average of $48,552 each.
Government allowance and payments were collected by 290 people for on average $5,229. 225 people received the pension or other allowance.
Charitable gifts and donations of an average of $500 were made by 1,095 people.
The costs of tax affairs for 1,600 people were claimed for $327 each.