TaxStats for postcode 4701 FY2013
Postcode 4701 includes Berserker, Central Queensland University, Frenchville, Greenlake, Ironpot, Kawana, Koongal, Lakes Creek, Limestone Creek, Mount Archer, Nankin, Nerimbera, Norman Gardens, North Rockhampton, Park Avenue, Red Hill Rockhampton, Rockhampton Dc, Rockhampton North, Rockhampton Shopping Fair, Rockyview, Sandringham, The Common in Queensland, and is in the federal electorate of Capricornia.
In FY 2013 the ATO recorded 24,085 individuals in postcode 4701. Of these people, 24,000 made a taxable income or loss. 20,240 of the population paid a gross amount of tax. After tax offsets, 19,050 people actually paid a net amount of tax. There were 4,950 non-taxable people who paid net tax of $0.
Compare TaxStats of 4701 with QLD
| 4701 TaxStats FY2013 | %Ppl | #Ppl | 4701 Avg | 4701 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 24,085 | ||
| Income | ||||
| Salary or Wage | 88% | 21,125 | $55,179 | $1,165,657,034 |
| Gross Interest | 50% | 12,065 | $1,521 | $18,345,314 |
| Unfranked Dividends | 9% | 2,245 | $317 | $712,008 |
| Franked Dividends | 19% | 4,475 | $5,135 | $22,978,267 |
| Dividend Franking Credit | 19% | 4,460 | $2,208 | $9,847,448 |
| Capital Gains | 3% | 765 | $9,795 | $7,492,898 |
| Termination Payouts | 3% | 670 | $8,125 | $5,443,928 |
| Tips/Directors Fees etc | 19% | 4,535 | $1,884 | $8,542,306 |
| Business Income | 5% | 1,245 | $22,564 | $28,092,734 |
| Foreign Income | 5% | 1,110 | $1,311 | $1,454,996 |
| Government payments | 7% | 1,700 | $4,986 | $8,476,686 |
| Government pensions | 5% | 1,225 | $9,673 | $11,849,172 |
| Total Income or Loss | 100% | 24,045 | $56,941 | $1,369,157,951 |
| Deducations | ||||
| Charitable Gifts | 37% | 8,800 | $220 | $1,931,650 |
| Cost of Tax Affairs | 52% | 12,500 | $247 | $3,085,531 |
| Work Car expenses | 20% | 4,870 | $2,131 | $10,380,175 |
| Work Travel expenses | 6% | 1,465 | $2,230 | $3,267,512 |
| Self Education expenses | 4% | 955 | $1,382 | $1,319,874 |
| Total Deductions | 88% | 21,160 | $2,088 | $44,175,872 |
| Taxation | ||||
| Taxable Income | 100% | 24,000 | $55,146 | $1,323,493,434 |
| Medicare Levy | 75% | 18,135 | $998 | $18,103,229 |
| Medicare Surcharge | 2% | 400 | $1,189 | $475,732 |
| Gross Tax | 84% | 20,240 | $13,236 | $267,898,641 |
| Net Tax | 79% | 19,050 | $14,499 | $276,205,843 |
| Average Tax | 100% | 24,085 | $11,468 | $276,205,843 |
| Gross Tax Rate | 84% | 20,240 | 24% | $267,898,641 |
| Net Tax Rate | 79% | 19,050 | 26% | $276,205,843 |
| Average Tax Rate | 100% | 24,085 | 21% | $276,205,843 |
| %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 $55,146. It is estimated that the average taxable income for people who paid a net amount of tax was $66357.
The average net tax paid was $14,499. This equates to an average tax of 26 cents in the dollar on taxable income.
The Medicare levy was paid by 18,135 people for an average of $998. 400 people paid $1,189 on average more for the Medicare surcharge.
21,125 people earned a salary or wage and took home an average of $55,179 each.
Government allowance and payments were collected by 1,700 people for on average $4,986. 1,225 people received the pension or other allowance.
Charitable gifts and donations of an average of $220 were made by 8,800 people.
The costs of tax affairs for 12,500 people were claimed for $247 each.