TaxStats for postcode 4670 FY2013

Postcode 4670 includes Abbotsford, Alloway, Ashfield, Avenell Heights, Avoca, Avondale, Bargara, Branyan, Bucca, Bundaberg, Bundaberg Central, Bundaberg Dc, Bundaberg East, Bundaberg North, Bundaberg South, Bundaberg West, Burnett Heads, Calavos, Coonarr, Coral Cove, Electra, Elliott, Elliott Heads, Fairymead, Givelda, Gooburrum, Innes Park, Kalkie, Kensington, Kepnock, Kinkuna, Meadowvale, Millbank, Mon Repos, Moore Park, Moore Park Beach, Moorland, Mullett Creek, Norville, Oakwood, Pine Creek, Qunaba, Rubyanna, Sharon, South Bingera, South Kolan, Svensson Heights, Thabeban, Walkervale, Watalgan, Welcome Creek, Windermere, Winfield, Woongarra in Queensland, and is in the federal electorate of Flynn.

In FY 2013 the ATO recorded 39,525 individuals in postcode 4670. Of these people, 39,260 made a taxable income or loss. 30,315 of the population paid a gross amount of tax. After tax offsets, 27,240 people actually paid a net amount of tax. There were 12,020 non-taxable people who paid net tax of $0.

Compare TaxStats of 4670 with QLD

4670 TaxStats FY2013%Ppl#Ppl4670
Total Individuals100%39,525
Salary or Wage 78%30,985$46,642$1,445,216,973
Gross Interest55%21,580$1,853$39,985,578
Unfranked Dividends9%3,680$405$1,488,877
Franked Dividends21%8,220$5,456$44,848,739
Dividend Franking Credit21%8,185$2,347$19,208,445
Capital Gains4%1,440$13,413$19,315,126
Termination Payouts2%890$6,593$5,867,761
Tips/Directors Fees etc18%7,095$2,575$18,268,779
Business Income7%2,735$12,991$35,529,146
Foreign Income5%1,960$1,291$2,529,820
Government payments11%4,345$5,314$23,090,217
Government pensions8%3,025$9,436$28,543,202
Total Income or Loss100%39,430$47,661$1,879,286,421
Charitable Gifts32%12,775$247$3,149,517
Cost of Tax Affairs47%18,740$257$4,815,759
Work Car expenses22%8,580$2,514$21,573,137
Work Travel expenses7%2,780$2,212$6,148,908
Self Education expenses3%1,250$1,557$1,945,935
Total Deductions80%31,775$2,468$78,408,613
Taxable Income99%39,260$45,671$1,793,035,713
Medicare Levy 65%25,730$910$23,413,596
Medicare Surcharge 1%485$1,273$617,314
Gross Tax 77%30,315$11,034$334,482,092
Net Tax 69%27,240$12,385$337,354,839
Average Tax 100%39,525 $8,535$337,354,839
Gross Tax Rate 77%30,315 24%$334,482,092
Net Tax Rate 69%27,240 27%$337,354,839
Average Tax Rate 100%39,525 19%$337,354,839
%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 $45,671. It is estimated that the average taxable income for people who paid a net amount of tax was $60528.

The average net tax paid was $12,385. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 25,730 people for an average of $910. 485 people paid $1,273 on average more for the Medicare surcharge.

30,985 people earned a salary or wage and took home an average of $46,642 each.

Government allowance and payments were collected by 4,345 people for on average $5,314. 3,025 people received the pension or other allowance.

Charitable gifts and donations of an average of $247 were made by 12,775 people.

The costs of tax affairs for 18,740 people were claimed for $257 each.