TaxStats for postcode 4858 FY2013

Postcode 4858 includes Comoon Loop, Etty Bay, Martyville, Mourilyan, Mourilyan Harbour, New Harbourline in Queensland, and is in the federal electorate of Kennedy.

In FY 2013 the ATO recorded 850 individuals in postcode 4858. Of these people, 840 made a taxable income or loss. 680 of the population paid a gross amount of tax. After tax offsets, 615 people actually paid a net amount of tax. There were 225 non-taxable people who paid net tax of $0.

Compare TaxStats of 4858 with QLD

4858 TaxStats FY2013%Ppl#Ppl4858
Total Individuals100%850
Salary or Wage 78%665$45,931$30,544,052
Gross Interest59%505$2,129$1,075,141
Unfranked Dividends9%80$94$7,547
Franked Dividends24%200$5,901$1,180,164
Dividend Franking Credit24%200$2,529$505,716
Capital Gains3%25$7,365$184,125
Termination Payouts2%20$2,155$43,093
Tips/Directors Fees etc16%140$2,388$334,367
Business Income10%85$11,221$953,803
Foreign Income8%65$2,202$143,125
Government payments8%65$4,663$303,108
Government pensions5%40$9,589$383,548
Total Income or Loss99%845$48,630$41,092,165
Charitable Gifts32%270$165$44,637
Cost of Tax Affairs51%430$253$108,635
Work Car expenses20%170$1,876$318,910
Work Travel expenses6%55$3,137$172,525
Self Education expenses3%25$2,502$62,550
Total Deductions81%685$2,260$1,547,916
Taxable Income99%840$46,781$39,296,220
Medicare Levy 71%600$888$532,828
Medicare Surcharge 2%15$1,189$17,830
Gross Tax 80%680$10,713$7,284,804
Net Tax 72%615$11,628$7,151,251
Average Tax 100%850 $8,413$7,151,251
Gross Tax Rate 80%680 23%$7,284,804
Net Tax Rate 72%615 25%$7,151,251
Average Tax Rate 100%850 18%$7,151,251
%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 $46,781. It is estimated that the average taxable income for people who paid a net amount of tax was $59506.

The average net tax paid was $11,628. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 600 people for an average of $888. 15 people paid $1,189 on average more for the Medicare surcharge.

665 people earned a salary or wage and took home an average of $45,931 each.

Government allowance and payments were collected by 65 people for on average $4,663. 40 people received the pension or other allowance.

Charitable gifts and donations of an average of $165 were made by 270 people.

The costs of tax affairs for 430 people were claimed for $253 each.