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#Ppl4563
Total Individuals100%4,615
Salary or Wage 67%3,075$48,652$149,604,678
Gross Interest58%2,670$2,560$6,835,722
Unfranked Dividends11%495$1,942$961,162
Franked Dividends26%1,185$8,087$9,583,583
Dividend Franking Credit26%1,185$3,436$4,071,953
Capital Gains5%245$56,394$13,816,552
Termination Payouts2%85$11,024$937,058
Tips/Directors Fees etc17%775$3,816$2,957,420
Business Income11%530$14,911$7,903,071
Foreign Income7%340$11,116$3,779,567
Government payments9%415$5,783$2,400,101
Government pensions7%330$9,431$3,112,112
Total Income or Loss100%4,605$53,042$244,260,015
Charitable Gifts28%1,275$439$560,328
Cost of Tax Affairs47%2,190$417$912,957
Work Car expenses21%950$2,526$2,399,979
Work Travel expenses7%330$2,484$819,865
Self Education expenses3%145$1,137$164,828
Total Deductions78%3,585$2,912$10,440,421
Taxable Income99%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.