TaxStats for postcode 4818 FY2013

Postcode 4818 includes Beach Holm, Black River, Blue Hills, Bluewater, Bluewater Park, Bohle, Burdell, Bushland Beach, Cosgrove, Deeragun, Jensen, Lynam, Mount Low, Mount St John, Saunders Beach, Shaw, Toolakea, Yabulu in Queensland, and is in the federal electorate of Herbert.

In FY 2013 the ATO recorded 14,010 individuals in postcode 4818. Of these people, 13,955 made a taxable income or loss. 12,195 of the population paid a gross amount of tax. After tax offsets, 11,530 people actually paid a net amount of tax. There were 2,425 non-taxable people who paid net tax of $0.

Compare TaxStats of 4818 with QLD

4818 TaxStats FY2013%Ppl#Ppl4818
Total Individuals100%14,010
Salary or Wage 89%12,500$58,747$734,338,259
Gross Interest47%6,625$843$5,584,466
Unfranked Dividends5%705$522$368,278
Franked Dividends12%1,680$4,611$7,746,520
Dividend Franking Credit12%1,670$1,988$3,319,298
Capital Gains3%390$9,623$3,753,051
Termination Payouts3%415$8,010$3,324,153
Tips/Directors Fees etc23%3,230$2,302$7,435,562
Business Income7%940$21,169$19,899,213
Foreign Income3%440$2,474$1,088,522
Government payments5%725$4,717$3,419,816
Government pensions4%565$9,052$5,114,234
Total Income or Loss100%13,980$59,909$837,532,546
Charitable Gifts40%5,550$163$902,948
Cost of Tax Affairs60%8,390$264$2,215,467
Work Car expenses32%4,540$2,269$10,303,283
Work Travel expenses9%1,265$2,481$3,138,478
Self Education expenses5%700$1,333$932,851
Total Deductions91%12,710$2,606$33,117,302
Taxable Income100%13,955$57,561$803,265,744
Medicare Levy 77%10,740$995$10,689,789
Medicare Surcharge 3%380$1,186$450,583
Gross Tax 87%12,195$13,338$162,662,121
Net Tax 82%11,530$14,197$163,690,301
Average Tax 100%14,010 $11,684$163,690,301
Gross Tax Rate 87%12,195 23%$162,662,121
Net Tax Rate 82%11,530 25%$163,690,301
Average Tax Rate 100%14,010 20%$163,690,301
%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 $57,561. It is estimated that the average taxable income for people who paid a net amount of tax was $67144.

The average net tax paid was $14,197. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 10,740 people for an average of $995. 380 people paid $1,186 on average more for the Medicare surcharge.

12,500 people earned a salary or wage and took home an average of $58,747 each.

Government allowance and payments were collected by 725 people for on average $4,717. 565 people received the pension or other allowance.

Charitable gifts and donations of an average of $163 were made by 5,550 people.

The costs of tax affairs for 8,390 people were claimed for $264 each.