TaxStats for postcode 4655 FY2013
Postcode 4655 includes Booral, Bunya Creek, Craignish, Dundowran, Dundowran Beach, Eli Waters, Great Sandy Strait, Hervey Bay, Hervey Bay Dc, Kawungan, Kingfisher Bay Resort, Nikenbah, Pialba, Point Vernon, River Heads, Scarness, Sunshine Acres, Susan River, Takura, Toogoom, Torquay, Urangan, Urraween, Walliebum, Walligan, Wondunna in Queensland, and is in the federal electorate of Hinkler.
In FY 2013 the ATO recorded 26,145 individuals in postcode 4655. Of these people, 25,945 made a taxable income or loss. 19,865 of the population paid a gross amount of tax. After tax offsets, 17,400 people actually paid a net amount of tax. There were 8,545 non-taxable people who paid net tax of $0.
Compare TaxStats of 4655 with QLD
| 4655 TaxStats FY2013 | %Ppl | #Ppl | 4655 Avg | 4655 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 26,145 | ||
| Income | ||||
| Salary or Wage | 73% | 19,115 | $46,820 | $894,955,433 |
| Gross Interest | 55% | 14,320 | $1,952 | $27,952,883 |
| Unfranked Dividends | 8% | 2,205 | $572 | $1,261,235 |
| Franked Dividends | 20% | 5,270 | $4,897 | $25,808,299 |
| Dividend Franking Credit | 20% | 5,255 | $2,102 | $11,047,526 |
| Capital Gains | 4% | 1,010 | $9,463 | $9,557,717 |
| Termination Payouts | 3% | 660 | $7,570 | $4,995,924 |
| Tips/Directors Fees etc | 17% | 4,435 | $3,110 | $13,794,112 |
| Business Income | 8% | 2,100 | $18,268 | $38,363,362 |
| Foreign Income | 4% | 1,170 | $4,311 | $5,043,910 |
| Government payments | 12% | 3,250 | $5,448 | $17,707,195 |
| Government pensions | 11% | 2,775 | $9,389 | $26,054,211 |
| Total Income or Loss | 100% | 26,035 | $45,791 | $1,192,165,847 |
| Deducations | ||||
| Charitable Gifts | 29% | 7,650 | $299 | $2,286,302 |
| Cost of Tax Affairs | 48% | 12,480 | $286 | $3,572,799 |
| Work Car expenses | 24% | 6,170 | $2,488 | $15,348,557 |
| Work Travel expenses | 8% | 2,195 | $2,560 | $5,619,341 |
| Self Education expenses | 4% | 950 | $1,790 | $1,700,400 |
| Total Deductions | 80% | 20,955 | $2,582 | $54,103,840 |
| Taxation | ||||
| Taxable Income | 99% | 25,945 | $43,750 | $1,135,106,196 |
| Medicare Levy | 62% | 16,270 | $881 | $14,336,461 |
| Medicare Surcharge | 2% | 480 | $1,377 | $661,021 |
| Gross Tax | 76% | 19,865 | $10,254 | $203,702,235 |
| Net Tax | 67% | 17,400 | $11,558 | $201,103,041 |
| Average Tax | 100% | 26,145 | $7,692 | $201,103,041 |
| Gross Tax Rate | 76% | 19,865 | 23% | $203,702,235 |
| Net Tax Rate | 67% | 17,400 | 26% | $201,103,041 |
| Average Tax Rate | 100% | 26,145 | 18% | $201,103,041 |
| %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 $43,750. It is estimated that the average taxable income for people who paid a net amount of tax was $59343.
The average net tax paid was $11,558. This equates to an average tax of 26 cents in the dollar on taxable income.
The Medicare levy was paid by 16,270 people for an average of $881. 480 people paid $1,377 on average more for the Medicare surcharge.
19,115 people earned a salary or wage and took home an average of $46,820 each.
Government allowance and payments were collected by 3,250 people for on average $5,448. 2,775 people received the pension or other allowance.
Charitable gifts and donations of an average of $299 were made by 7,650 people.
The costs of tax affairs for 12,480 people were claimed for $286 each.