TaxStats for postcode 4822 FY2013

Postcode 4822 includes Bellfield, Burleigh, Cambridge, Maxwelton, Maxwelton, Nonda, Richmond, Saxby, Victoria Vale, Woolgar in Queensland, and is in the federal electorate of Kennedy.

In FY 2013 the ATO recorded 515 individuals in postcode 4822. Of these people, 500 made a taxable income or loss. 400 of the population paid a gross amount of tax. After tax offsets, 365 people actually paid a net amount of tax. There were 135 non-taxable people who paid net tax of $0.

Compare TaxStats of 4822 with QLD

4822 TaxStats FY2013%Ppl#Ppl4822
Avg
4822
Total
Total Individuals100%515
Income
Salary or Wage 71%365$42,417$15,482,062
Gross Interest60%310$1,745$540,896
Unfranked Dividends9%45$1,158$52,092
Franked Dividends17%90$4,295$386,539
Dividend Franking Credit17%90$1,840$165,640
Capital Gains3%15$57,913$868,688
Termination Payouts1%5$9,234$46,169
Tips/Directors Fees etc17%85$3,330$283,047
Business Income15%75$9,552$716,384
Foreign Income3%15$508$7,615
Government payments3%15$6,555$98,329
Government pensions4%20$10,387$207,731
Total Income or Loss100%515$46,806$24,105,341
Deducations
Charitable Gifts21%110$126$13,907
Cost of Tax Affairs47%240$380$91,186
Work Car expenses19%100$2,926$292,627
Work Travel expenses8%40$2,220$88,811
Self Education expenses1%5$1,080$5,402
Total Deductions76%390$2,807$1,094,673
Taxation
Taxable Income97%500$42,307$21,153,594
Medicare Levy 69%355$912$323,851
Medicare Surcharge 1%5$1,671$8,355
Gross Tax 78%400$11,292$4,516,780
Net Tax 71%365$10,891$3,975,331
Average Tax 100%515 $7,719$3,975,331
Gross Tax Rate 78%400 27%$4,516,780
Net Tax Rate 71%365 26%$3,975,331
Average Tax Rate 100%515 18%$3,975,331
%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 $42,307. It is estimated that the average taxable income for people who paid a net amount of tax was $53517.

The average net tax paid was $10,891. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 355 people for an average of $912. 5 people paid $1,671 on average more for the Medicare surcharge.

365 people earned a salary or wage and took home an average of $42,417 each.

Government allowance and payments were collected by 15 people for on average $6,555. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $126 were made by 110 people.

The costs of tax affairs for 240 people were claimed for $380 each.