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#Ppl4655
Total Individuals100%26,145
Salary or Wage 73%19,115$46,820$894,955,433
Gross Interest55%14,320$1,952$27,952,883
Unfranked Dividends8%2,205$572$1,261,235
Franked Dividends20%5,270$4,897$25,808,299
Dividend Franking Credit20%5,255$2,102$11,047,526
Capital Gains4%1,010$9,463$9,557,717
Termination Payouts3%660$7,570$4,995,924
Tips/Directors Fees etc17%4,435$3,110$13,794,112
Business Income8%2,100$18,268$38,363,362
Foreign Income4%1,170$4,311$5,043,910
Government payments12%3,250$5,448$17,707,195
Government pensions11%2,775$9,389$26,054,211
Total Income or Loss100%26,035$45,791$1,192,165,847
Charitable Gifts29%7,650$299$2,286,302
Cost of Tax Affairs48%12,480$286$3,572,799
Work Car expenses24%6,170$2,488$15,348,557
Work Travel expenses8%2,195$2,560$5,619,341
Self Education expenses4%950$1,790$1,700,400
Total Deductions80%20,955$2,582$54,103,840
Taxable Income99%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.