TaxStats for postcode 4561 FY2013

Postcode 4561 includes Bridges, Maroochy River, Ninderry, North Arm, Valdora, Yandina, Yandina Creek in Queensland, and is in the federal electorate of Fairfax.

In FY 2013 the ATO recorded 4,035 individuals in postcode 4561. Of these people, 3,980 made a taxable income or loss. 3,085 of the population paid a gross amount of tax. After tax offsets, 2,775 people actually paid a net amount of tax. There were 1,205 non-taxable people who paid net tax of $0.

Compare TaxStats of 4561 with QLD

4561 TaxStats FY2013%Ppl#Ppl4561
Avg
4561
Total
Total Individuals100%4,035
Income
Salary or Wage 72%2,910$47,984$139,633,667
Gross Interest55%2,230$1,703$3,796,593
Unfranked Dividends9%350$572$200,319
Franked Dividends21%860$6,916$5,947,357
Dividend Franking Credit21%855$2,980$2,548,191
Capital Gains4%155$12,075$1,871,695
Termination Payouts2%100$10,928$1,092,819
Tips/Directors Fees etc19%785$4,295$3,371,679
Business Income13%515$12,798$6,591,128
Foreign Income5%215$2,864$615,716
Government payments8%335$5,517$1,848,300
Government pensions6%240$9,281$2,227,449
Total Income or Loss99%4,010$48,713$195,339,876
Deducations
Charitable Gifts29%1,150$293$337,233
Cost of Tax Affairs48%1,940$357$692,558
Work Car expenses23%930$2,560$2,380,566
Work Travel expenses7%295$2,180$642,991
Self Education expenses3%135$1,645$222,015
Total Deductions80%3,220$2,755$8,871,365
Taxation
Taxable Income99%3,980$46,532$185,196,250
Medicare Levy 66%2,660$923$2,454,980
Medicare Surcharge 2%95$1,126$106,953
Gross Tax 76%3,085$11,475$35,401,138
Net Tax 69%2,775$12,752$35,387,655
Average Tax 100%4,035 $8,770$35,387,655
Gross Tax Rate 76%3,085 25%$35,401,138
Net Tax Rate 69%2,775 27%$35,387,655
Average Tax Rate 100%4,035 19%$35,387,655
%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 $46,532. It is estimated that the average taxable income for people who paid a net amount of tax was $61527.

The average net tax paid was $12,752. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 2,660 people for an average of $923. 95 people paid $1,126 on average more for the Medicare surcharge.

2,910 people earned a salary or wage and took home an average of $47,984 each.

Government allowance and payments were collected by 335 people for on average $5,517. 240 people received the pension or other allowance.

Charitable gifts and donations of an average of $293 were made by 1,150 people.

The costs of tax affairs for 1,940 people were claimed for $357 each.