TaxStats for postcode 4572 FY2013

Postcode 4572 includes Alexandra Headland in Queensland, and is in the federal electorate of Fairfax.

In FY 2013 the ATO recorded 2,425 individuals in postcode 4572. Of these people, 2,405 made a taxable income or loss. 1,935 of the population paid a gross amount of tax. After tax offsets, 1,750 people actually paid a net amount of tax. There were 655 non-taxable people who paid net tax of $0.

Compare TaxStats of 4572 with QLD

4572 TaxStats FY2013%Ppl#Ppl4572
Total Individuals100%2,425
Salary or Wage 73%1,780$50,564$90,003,990
Gross Interest58%1,405$2,241$3,148,703
Unfranked Dividends10%235$894$210,074
Franked Dividends24%575$10,087$5,799,841
Dividend Franking Credit24%570$4,359$2,484,568
Capital Gains5%130$21,387$2,780,294
Termination Payouts2%55$9,909$544,969
Tips/Directors Fees etc18%425$4,814$2,046,014
Business Income10%240$21,823$5,237,544
Foreign Income7%160$2,168$346,899
Government payments10%240$5,516$1,323,752
Government pensions6%140$8,488$1,188,278
Total Income or Loss99%2,410$55,877$134,664,017
Charitable Gifts32%765$473$361,677
Cost of Tax Affairs47%1,130$469$530,037
Work Car expenses26%635$2,658$1,687,561
Work Travel expenses10%235$2,354$553,152
Self Education expenses4%100$1,749$174,919
Total Deductions81%1,965$3,453$6,785,339
Taxable Income99%2,405$53,042$127,564,877
Medicare Levy 69%1,670$1,022$1,706,639
Medicare Surcharge 2%50$1,244$62,211
Gross Tax 80%1,935$13,793$26,688,713
Net Tax 72%1,750$15,493$27,112,680
Average Tax 100%2,425 $11,180$27,112,680
Gross Tax Rate 80%1,935 26%$26,688,713
Net Tax Rate 72%1,750 29%$27,112,680
Average Tax Rate 100%2,425 21%$27,112,680
%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 $53,042. It is estimated that the average taxable income for people who paid a net amount of tax was $68403.

The average net tax paid was $15,493. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 1,670 people for an average of $1,022. 50 people paid $1,244 on average more for the Medicare surcharge.

1,780 people earned a salary or wage and took home an average of $50,564 each.

Government allowance and payments were collected by 240 people for on average $5,516. 140 people received the pension or other allowance.

Charitable gifts and donations of an average of $473 were made by 765 people.

The costs of tax affairs for 1,130 people were claimed for $469 each.