TaxStats for postcode 4565 FY2013

Postcode 4565 includes Boreen Point, Cooroibah, Cootharaba, Noosa North Shore, North Shore, Ringtail Creek, Tewantin in Queensland, and is in the federal electorate of Wide Bay.

In FY 2013 the ATO recorded 7,600 individuals in postcode 4565. Of these people, 7,545 made a taxable income or loss. 5,730 of the population paid a gross amount of tax. After tax offsets, 4,970 people actually paid a net amount of tax. There were 2,575 non-taxable people who paid net tax of $0.

Compare TaxStats of 4565 with QLD

4565 TaxStats FY2013%Ppl#Ppl4565
Total Individuals100%7,600
Salary or Wage 69%5,230$45,291$236,871,557
Gross Interest55%4,170$2,012$8,390,089
Unfranked Dividends8%645$583$376,062
Franked Dividends22%1,640$5,621$9,218,653
Dividend Franking Credit22%1,635$2,418$3,953,024
Capital Gains4%285$9,844$2,805,662
Termination Payouts2%140$6,918$968,501
Tips/Directors Fees etc17%1,305$2,962$3,865,041
Business Income12%920$17,471$16,073,528
Foreign Income5%400$1,232$492,697
Government payments10%735$5,387$3,959,566
Government pensions9%695$9,591$6,665,431
Total Income or Loss100%7,575$44,192$334,755,535
Charitable Gifts29%2,200$278$611,384
Cost of Tax Affairs49%3,760$333$1,253,793
Work Car expenses22%1,655$2,373$3,927,377
Work Travel expenses8%570$2,155$1,228,579
Self Education expenses3%255$1,539$392,418
Total Deductions79%6,035$2,483$14,982,255
Taxable Income99%7,545$42,258$318,836,253
Medicare Levy 62%4,700$854$4,011,856
Medicare Surcharge 2%115$1,383$159,053
Gross Tax 75%5,730$9,704$55,604,135
Net Tax 65%4,970$11,131$55,323,384
Average Tax 100%7,600 $7,279$55,323,384
Gross Tax Rate 75%5,730 23%$55,604,135
Net Tax Rate 65%4,970 26%$55,323,384
Average Tax Rate 100%7,600 17%$55,323,384
%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 $42,258. It is estimated that the average taxable income for people who paid a net amount of tax was $57935.

The average net tax paid was $11,131. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 4,700 people for an average of $854. 115 people paid $1,383 on average more for the Medicare surcharge.

5,230 people earned a salary or wage and took home an average of $45,291 each.

Government allowance and payments were collected by 735 people for on average $5,387. 695 people received the pension or other allowance.

Charitable gifts and donations of an average of $278 were made by 2,200 people.

The costs of tax affairs for 3,760 people were claimed for $333 each.