TaxStats for postcode 4819 FY2013

Postcode 4819 includes Arcadia, Florence Bay, Florence Bay, Horseshoe Bay, Magnetic Island, Nelly Bay, Picnic Bay, West Point in Queensland, and is in the federal electorate of Herbert.

In FY 2013 the ATO recorded 1,235 individuals in postcode 4819. Of these people, 1,225 made a taxable income or loss. 930 of the population paid a gross amount of tax. After tax offsets, 795 people actually paid a net amount of tax. There were 430 non-taxable people who paid net tax of $0.

Compare TaxStats of 4819 with QLD

4819 TaxStats FY2013%Ppl#Ppl4819
Total Individuals100%1,235
Salary or Wage 71%875$46,864$41,005,779
Gross Interest56%690$1,725$1,190,198
Unfranked Dividends9%115$310$35,617
Franked Dividends20%245$5,239$1,283,550
Dividend Franking Credit20%245$2,248$550,668
Capital Gains4%45$14,522$653,470
Termination Payouts2%25$11,631$290,779
Tips/Directors Fees etc10%125$3,618$452,199
Business Income14%170$15,552$2,643,823
Foreign Income6%75$3,312$248,368
Government payments9%105$4,350$456,795
Government pensions9%110$9,569$1,052,617
Total Income or Loss99%1,225$46,199$56,593,885
Charitable Gifts30%370$358$132,453
Cost of Tax Affairs47%575$332$190,726
Work Car expenses15%185$1,781$329,435
Work Travel expenses9%110$2,029$223,234
Self Education expenses3%40$977$39,091
Total Deductions77%950$2,136$2,029,003
Taxable Income99%1,225$44,408$54,399,439
Medicare Levy 61%755$905$683,323
Medicare Surcharge 2%30$1,105$33,147
Gross Tax 75%930$10,767$10,013,588
Net Tax 64%795$11,777$9,362,893
Average Tax 100%1,235 $7,581$9,362,893
Gross Tax Rate 75%930 24%$10,013,588
Net Tax Rate 64%795 27%$9,362,893
Average Tax Rate 100%1,235 17%$9,362,893
%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 $44,408. It is estimated that the average taxable income for people who paid a net amount of tax was $61936.

The average net tax paid was $11,777. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 755 people for an average of $905. 30 people paid $1,105 on average more for the Medicare surcharge.

875 people earned a salary or wage and took home an average of $46,864 each.

Government allowance and payments were collected by 105 people for on average $4,350. 110 people received the pension or other allowance.

Charitable gifts and donations of an average of $358 were made by 370 people.

The costs of tax affairs for 575 people were claimed for $332 each.