TaxStats for postcode 4567 FY2013

Postcode 4567 includes Castaways Beach, Noosa Heads, Sunrise Beach, Sunshine Beach in Queensland, and is in the federal electorate of Wide Bay.

In FY 2013 the ATO recorded 7,315 individuals in postcode 4567. Of these people, 7,210 made a taxable income or loss. 5,510 of the population paid a gross amount of tax. After tax offsets, 4,890 people actually paid a net amount of tax. There were 2,320 non-taxable people who paid net tax of $0.

Compare TaxStats of 4567 with QLD

4567 TaxStats FY2013%Ppl#Ppl4567
Avg
4567
Total
Total Individuals100%7,315
Income
Salary or Wage 63%4,610$47,700$219,898,469
Gross Interest58%4,245$3,760$15,959,894
Unfranked Dividends10%730$1,744$1,273,049
Franked Dividends26%1,870$14,738$27,559,826
Dividend Franking Credit25%1,860$6,339$11,791,231
Capital Gains6%415$28,441$11,803,071
Termination Payouts2%135$11,162$1,506,811
Tips/Directors Fees etc15%1,085$5,945$6,449,993
Business Income12%895$25,021$22,393,837
Foreign Income8%555$3,871$2,148,402
Government payments8%575$5,441$3,128,638
Government pensions6%455$9,022$4,105,207
Total Income or Loss99%7,270$56,420$410,170,483
Deducations
Charitable Gifts27%1,955$1,077$2,106,432
Cost of Tax Affairs49%3,575$573$2,048,786
Work Car expenses20%1,475$2,721$4,013,649
Work Travel expenses8%560$2,318$1,298,073
Self Education expenses3%250$1,743$435,627
Total Deductions77%5,630$4,110$23,137,865
Taxation
Taxable Income99%7,210$53,339$384,573,695
Medicare Levy 63%4,595$1,093$5,022,378
Medicare Surcharge 2%120$1,545$185,385
Gross Tax 75%5,510$15,607$85,994,926
Net Tax 67%4,890$17,230$84,255,832
Average Tax 100%7,315 $11,518$84,255,832
Gross Tax Rate 75%5,510 29%$85,994,926
Net Tax Rate 67%4,890 32%$84,255,832
Average Tax Rate 100%7,315 22%$84,255,832
%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 $53,339. It is estimated that the average taxable income for people who paid a net amount of tax was $72952.

The average net tax paid was $17,230. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 4,595 people for an average of $1,093. 120 people paid $1,545 on average more for the Medicare surcharge.

4,610 people earned a salary or wage and took home an average of $47,700 each.

Government allowance and payments were collected by 575 people for on average $5,441. 455 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,077 were made by 1,955 people.

The costs of tax affairs for 3,575 people were claimed for $573 each.