TaxStats for postcode 4737 FY2013

Postcode 4737 includes Armstrong Beach, Blue Mountain, Campwin Beach, Colston Park, Freshwater Point, Sarina, Sarina Beach, Sarina Range, Shinfield, Sunnyside, Sunnyside in Queensland, and is in the federal electorate of Capricornia.

In FY 2013 the ATO recorded 4,975 individuals in postcode 4737. Of these people, 4,940 made a taxable income or loss. 4,110 of the population paid a gross amount of tax. After tax offsets, 3,840 people actually paid a net amount of tax. There were 1,100 non-taxable people who paid net tax of $0.

Compare TaxStats of 4737 with QLD

4737 TaxStats FY2013%Ppl#Ppl4737
Avg
4737
Total
Total Individuals100%4,975
Income
Salary or Wage 83%4,105$67,637$277,650,194
Gross Interest56%2,770$1,516$4,199,232
Unfranked Dividends18%910$210$191,050
Franked Dividends26%1,280$3,709$4,746,906
Dividend Franking Credit26%1,275$1,595$2,033,999
Capital Gains4%190$24,715$4,695,920
Termination Payouts4%185$9,162$1,694,928
Tips/Directors Fees etc20%985$2,975$2,930,703
Business Income6%315$9,753$3,072,289
Foreign Income4%195$327$63,778
Government payments6%275$4,895$1,346,245
Government pensions5%230$9,635$2,215,985
Total Income or Loss100%4,965$63,560$315,574,297
Deducations
Charitable Gifts35%1,750$191$334,077
Cost of Tax Affairs54%2,690$313$842,366
Work Car expenses21%1,030$2,511$2,586,452
Work Travel expenses6%315$2,616$824,164
Self Education expenses3%160$1,440$230,379
Total Deductions87%4,320$2,525$10,907,049
Taxation
Taxable Income99%4,940$61,391$303,269,586
Medicare Levy 75%3,735$1,185$4,425,170
Medicare Surcharge 5%225$1,274$286,646
Gross Tax 83%4,110$17,166$70,552,523
Net Tax 77%3,840$18,848$72,376,145
Average Tax 100%4,975 $14,548$72,376,145
Gross Tax Rate 83%4,110 28%$70,552,523
Net Tax Rate 77%3,840 31%$72,376,145
Average Tax Rate 100%4,975 24%$72,376,145
%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 $61,391. It is estimated that the average taxable income for people who paid a net amount of tax was $75539.

The average net tax paid was $18,848. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 3,735 people for an average of $1,185. 225 people paid $1,274 on average more for the Medicare surcharge.

4,105 people earned a salary or wage and took home an average of $67,637 each.

Government allowance and payments were collected by 275 people for on average $4,895. 230 people received the pension or other allowance.

Charitable gifts and donations of an average of $191 were made by 1,750 people.

The costs of tax affairs for 2,690 people were claimed for $313 each.