TaxStats for postcode 4852 FY2013

Postcode 4852 includes Bingil Bay, Carmoo, Djiru, Dunk, Garners Beach, Midgeree Bar, Mission Beach, South Mission, South Mission Beach, Tam O'Shanter, Wongaling Beach in Queensland, and is in the federal electorate of Kennedy.

In FY 2013 the ATO recorded 2,050 individuals in postcode 4852. Of these people, 2,035 made a taxable income or loss. 1,520 of the population paid a gross amount of tax. After tax offsets, 1,330 people actually paid a net amount of tax. There were 705 non-taxable people who paid net tax of $0.

Compare TaxStats of 4852 with QLD

4852 TaxStats FY2013%Ppl#Ppl4852
Avg
4852
Total
Total Individuals100%2,050
Income
Salary or Wage 72%1,485$43,516$64,621,648
Gross Interest50%1,035$2,626$2,718,106
Unfranked Dividends8%155$604$93,570
Franked Dividends19%380$7,981$3,032,776
Dividend Franking Credit19%380$3,418$1,298,870
Capital Gains5%100$13,735$1,373,489
Termination Payouts2%40$2,939$117,562
Tips/Directors Fees etc12%255$3,963$1,010,659
Business Income14%295$14,857$4,382,724
Foreign Income4%85$766$65,131
Government payments8%170$5,403$918,500
Government pensions5%105$9,714$1,019,968
Total Income or Loss100%2,045$44,215$90,419,831
Deducations
Charitable Gifts26%530$234$123,934
Cost of Tax Affairs49%1,000$340$339,978
Work Car expenses25%505$2,830$1,429,188
Work Travel expenses7%150$2,104$315,653
Self Education expenses3%70$1,583$110,808
Total Deductions76%1,555$2,960$4,602,829
Taxation
Taxable Income99%2,035$42,092$85,657,496
Medicare Levy 62%1,270$873$1,108,436
Medicare Surcharge 1%25$1,250$31,246
Gross Tax 74%1,520$10,130$15,397,751
Net Tax 65%1,330$11,154$14,834,916
Average Tax 100%2,050 $7,237$14,834,916
Gross Tax Rate 74%1,520 24%$15,397,751
Net Tax Rate 65%1,330 26%$14,834,916
Average Tax Rate 100%2,050 17%$14,834,916
%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 $42,092. It is estimated that the average taxable income for people who paid a net amount of tax was $58043.

The average net tax paid was $11,154. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,270 people for an average of $873. 25 people paid $1,250 on average more for the Medicare surcharge.

1,485 people earned a salary or wage and took home an average of $43,516 each.

Government allowance and payments were collected by 170 people for on average $5,403. 105 people received the pension or other allowance.

Charitable gifts and donations of an average of $234 were made by 530 people.

The costs of tax affairs for 1,000 people were claimed for $340 each.