TaxStats for postcode 4581 FY2013

Postcode 4581 includes Eurong, Fraser Island, Inskip, Orchid Beach, Rainbow Beach in Queensland, and is in the federal electorate of Wide Bay.

In FY 2013 the ATO recorded 690 individuals in postcode 4581. Of these people, 685 made a taxable income or loss. 480 of the population paid a gross amount of tax. After tax offsets, 420 people actually paid a net amount of tax. There were 265 non-taxable people who paid net tax of $0.

Compare TaxStats of 4581 with QLD

4581 TaxStats FY2013%Ppl#Ppl4581
Total Individuals100%690
Salary or Wage 65%450$39,783$17,902,348
Gross Interest55%380$2,799$1,063,555
Unfranked Dividends14%95$578$54,953
Franked Dividends25%170$6,533$1,110,684
Dividend Franking Credit25%170$2,800$475,926
Capital Gains4%25$21,233$530,824
Termination Payouts1%5$10,578$52,891
Tips/Directors Fees etc9%60$6,877$412,627
Business Income10%70$17,721$1,240,477
Foreign Income7%50$1,169$58,454
Government payments9%65$5,193$337,552
Government pensions8%55$9,006$495,321
Total Income or Loss100%690$39,584$27,312,982
Charitable Gifts24%165$254$41,940
Cost of Tax Affairs40%275$347$95,535
Work Car expenses18%125$2,444$305,522
Work Travel expenses5%35$2,809$98,331
Self Education expenses1%10$1,300$12,996
Total Deductions75%515$2,348$1,208,981
Taxable Income99%685$37,890$25,954,835
Medicare Levy 57%395$805$318,092
Medicare Surcharge 1%10$2,002$20,025
Gross Tax 70%480$9,049$4,343,359
Net Tax 61%420$10,136$4,257,199
Average Tax 100%690 $6,170$4,257,199
Gross Tax Rate 70%480 24%$4,343,359
Net Tax Rate 61%420 27%$4,257,199
Average Tax Rate 100%690 16%$4,257,199
%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 $37,890. It is estimated that the average taxable income for people who paid a net amount of tax was $54226.

The average net tax paid was $10,136. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 395 people for an average of $805. 10 people paid $2,002 on average more for the Medicare surcharge.

450 people earned a salary or wage and took home an average of $39,783 each.

Government allowance and payments were collected by 65 people for on average $5,193. 55 people received the pension or other allowance.

Charitable gifts and donations of an average of $254 were made by 165 people.

The costs of tax affairs for 275 people were claimed for $347 each.