TaxStats for postcode 4564 FY2013

Postcode 4564 includes Marcoola, Mudjimba, Pacific Paradise, Twin Waters in Queensland, and is in the federal electorate of Fairfax.

In FY 2013 the ATO recorded 6,180 individuals in postcode 4564. Of these people, 6,140 made a taxable income or loss. 4,840 of the population paid a gross amount of tax. After tax offsets, 4,335 people actually paid a net amount of tax. There were 1,805 non-taxable people who paid net tax of $0.

Compare TaxStats of 4564 with QLD

4564 TaxStats FY2013%Ppl#Ppl4564
Avg
4564
Total
Total Individuals100%6,180
Income
Salary or Wage 74%4,560$48,350$220,476,910
Gross Interest54%3,330$2,040$6,792,470
Unfranked Dividends8%480$759$364,437
Franked Dividends19%1,190$5,875$6,991,313
Dividend Franking Credit19%1,180$2,531$2,986,272
Capital Gains4%245$9,134$2,237,776
Termination Payouts2%150$10,677$1,601,519
Tips/Directors Fees etc19%1,195$4,288$5,124,626
Business Income10%645$16,935$10,923,339
Foreign Income5%330$1,283$423,443
Government payments11%650$5,072$3,296,987
Government pensions7%420$8,865$3,723,411
Total Income or Loss100%6,155$48,755$300,089,018
Deducations
Charitable Gifts31%1,920$303$582,543
Cost of Tax Affairs50%3,115$366$1,139,244
Work Car expenses26%1,600$2,544$4,070,075
Work Travel expenses9%585$2,386$1,395,736
Self Education expenses4%235$1,452$341,139
Total Deductions81%4,990$2,897$14,458,368
Taxation
Taxable Income99%6,140$46,379$284,768,614
Medicare Levy 67%4,120$902$3,715,707
Medicare Surcharge 2%100$1,486$148,571
Gross Tax 78%4,840$10,971$53,101,726
Net Tax 70%4,335$12,281$53,238,261
Average Tax 100%6,180 $8,615$53,238,261
Gross Tax Rate 78%4,840 24%$53,101,726
Net Tax Rate 70%4,335 26%$53,238,261
Average Tax Rate 100%6,180 19%$53,238,261
%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 $46,379. It is estimated that the average taxable income for people who paid a net amount of tax was $60694.

The average net tax paid was $12,281. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 4,120 people for an average of $902. 100 people paid $1,486 on average more for the Medicare surcharge.

4,560 people earned a salary or wage and took home an average of $48,350 each.

Government allowance and payments were collected by 650 people for on average $5,072. 420 people received the pension or other allowance.

Charitable gifts and donations of an average of $303 were made by 1,920 people.

The costs of tax affairs for 3,115 people were claimed for $366 each.