TaxStats for postcode 4563 FY2013
Postcode 4563 includes Black Mountain, Carters Ridge, Cooroy, Cooroy Mountain, Lake Macdonald, Ridgewood, Tinbeerwah in Queensland, and is in the federal electorate of Wide Bay.
In FY 2013 the ATO recorded 4,615 individuals in postcode 4563. Of these people, 4,580 made a taxable income or loss. 3,460 of the population paid a gross amount of tax. After tax offsets, 3,055 people actually paid a net amount of tax. There were 1,525 non-taxable people who paid net tax of $0.
Compare TaxStats of 4563 with QLD
| 4563 TaxStats FY2013 | %Ppl | #Ppl | 4563 Avg | 4563 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 4,615 | ||
| Income | ||||
| Salary or Wage | 67% | 3,075 | $48,652 | $149,604,678 |
| Gross Interest | 58% | 2,670 | $2,560 | $6,835,722 |
| Unfranked Dividends | 11% | 495 | $1,942 | $961,162 |
| Franked Dividends | 26% | 1,185 | $8,087 | $9,583,583 |
| Dividend Franking Credit | 26% | 1,185 | $3,436 | $4,071,953 |
| Capital Gains | 5% | 245 | $56,394 | $13,816,552 |
| Termination Payouts | 2% | 85 | $11,024 | $937,058 |
| Tips/Directors Fees etc | 17% | 775 | $3,816 | $2,957,420 |
| Business Income | 11% | 530 | $14,911 | $7,903,071 |
| Foreign Income | 7% | 340 | $11,116 | $3,779,567 |
| Government payments | 9% | 415 | $5,783 | $2,400,101 |
| Government pensions | 7% | 330 | $9,431 | $3,112,112 |
| Total Income or Loss | 100% | 4,605 | $53,042 | $244,260,015 |
| Deducations | ||||
| Charitable Gifts | 28% | 1,275 | $439 | $560,328 |
| Cost of Tax Affairs | 47% | 2,190 | $417 | $912,957 |
| Work Car expenses | 21% | 950 | $2,526 | $2,399,979 |
| Work Travel expenses | 7% | 330 | $2,484 | $819,865 |
| Self Education expenses | 3% | 145 | $1,137 | $164,828 |
| Total Deductions | 78% | 3,585 | $2,912 | $10,440,421 |
| Taxation | ||||
| Taxable Income | 99% | 4,580 | $50,902 | $233,131,215 |
| Medicare Levy | 63% | 2,920 | $1,060 | $3,094,208 |
| Medicare Surcharge | 2% | 75 | $3,714 | $278,586 |
| Gross Tax | 75% | 3,460 | $14,574 | $50,426,829 |
| Net Tax | 66% | 3,055 | $15,037 | $45,939,383 |
| Average Tax | 100% | 4,615 | $9,954 | $45,939,383 |
| Gross Tax Rate | 75% | 3,460 | 29% | $50,426,829 |
| Net Tax Rate | 66% | 3,055 | 30% | $45,939,383 |
| Average Tax Rate | 100% | 4,615 | 20% | $45,939,383 |
| %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 $50,902. It is estimated that the average taxable income for people who paid a net amount of tax was $70321.
The average net tax paid was $15,037. This equates to an average tax of 30 cents in the dollar on taxable income.
The Medicare levy was paid by 2,920 people for an average of $1,060. 75 people paid $3,714 on average more for the Medicare surcharge.
3,075 people earned a salary or wage and took home an average of $48,652 each.
Government allowance and payments were collected by 415 people for on average $5,783. 330 people received the pension or other allowance.
Charitable gifts and donations of an average of $439 were made by 1,275 people.
The costs of tax affairs for 2,190 people were claimed for $417 each.