TaxStats for postcode 4678 FY2013

Postcode 4678 includes Bororen, Bororen, Foreshores, Rodds Bay, Rodds Bay, Turkey Beach, Turkey Beach in Queensland, and is in the federal electorate of Flynn.

In FY 2013 the ATO recorded 520 individuals in postcode 4678. Of these people, 515 made a taxable income or loss. 415 of the population paid a gross amount of tax. After tax offsets, 385 people actually paid a net amount of tax. There were 130 non-taxable people who paid net tax of $0.

Compare TaxStats of 4678 with QLD

4678 TaxStats FY2013%Ppl#Ppl4678
Avg
4678
Total
Total Individuals100%520
Income
Salary or Wage 77%400$65,549$26,219,478
Gross Interest58%300$1,394$418,167
Unfranked Dividends11%55$186$10,228
Franked Dividends21%110$4,492$494,138
Dividend Franking Credit21%110$1,927$211,988
Capital Gains6%30$31,493$944,787
Termination Payouts5%25$14,703$367,569
Tips/Directors Fees etc20%105$5,483$575,705
Business Income12%60$3,326$199,531
Foreign Income3%15$721$10,812
Government payments4%20$4,234$84,677
Government pensions5%25$8,741$218,524
Total Income or Loss100%520$61,084$31,763,776
Deducations
Charitable Gifts23%120$194$23,310
Cost of Tax Affairs53%275$463$127,192
Work Car expenses23%120$2,462$295,496
Work Travel expenses6%30$4,900$147,015
Self Education expenses3%15$1,485$22,271
Total Deductions83%430$2,988$1,285,015
Taxation
Taxable Income99%515$58,639$30,198,982
Medicare Levy 71%370$1,146$424,014
Medicare Surcharge 4%20$1,543$30,863
Gross Tax 80%415$15,791$6,553,350
Net Tax 74%385$17,320$6,668,027
Average Tax 100%520 $12,823$6,668,027
Gross Tax Rate 80%415 27%$6,553,350
Net Tax Rate 74%385 30%$6,668,027
Average Tax Rate 100%520 22%$6,668,027
%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 $58,639. It is estimated that the average taxable income for people who paid a net amount of tax was $74387.

The average net tax paid was $17,320. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 370 people for an average of $1,146. 20 people paid $1,543 on average more for the Medicare surcharge.

400 people earned a salary or wage and took home an average of $65,549 each.

Government allowance and payments were collected by 20 people for on average $4,234. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $194 were made by 120 people.

The costs of tax affairs for 275 people were claimed for $463 each.