TaxStats for postcode 4878 FY2013

Postcode 4878 includes Barron, Caravonica, Holloways Beach, Machans Beach, Smithfield, Yorkeys Knob in Queensland, and is in the federal electorate of Leichhardt.

In FY 2013 the ATO recorded 7,335 individuals in postcode 4878. Of these people, 7,280 made a taxable income or loss. 6,040 of the population paid a gross amount of tax. After tax offsets, 5,505 people actually paid a net amount of tax. There were 1,775 non-taxable people who paid net tax of $0.

Compare TaxStats of 4878 with QLD

4878 TaxStats FY2013%Ppl#Ppl4878
Total Individuals100%7,335
Salary or Wage 81%5,965$51,061$304,576,321
Gross Interest50%3,700$2,074$7,674,400
Unfranked Dividends6%415$556$230,795
Franked Dividends14%1,055$9,187$9,692,757
Dividend Franking Credit14%1,050$3,940$4,137,082
Capital Gains3%185$38,354$7,095,503
Termination Payouts2%145$7,990$1,158,573
Tips/Directors Fees etc18%1,355$2,923$3,960,160
Business Income11%820$22,377$18,349,137
Foreign Income4%310$3,117$966,252
Government payments9%690$5,698$3,931,742
Government pensions5%395$8,909$3,519,035
Total Income or Loss100%7,315$54,450$398,304,147
Charitable Gifts35%2,595$266$691,135
Cost of Tax Affairs59%4,295$276$1,185,399
Work Car expenses26%1,925$2,202$4,238,376
Work Travel expenses9%650$2,117$1,376,203
Self Education expenses5%350$2,031$710,718
Total Deductions85%6,260$2,725$17,060,450
Taxable Income99%7,280$51,110$372,082,120
Medicare Levy 72%5,295$939$4,973,630
Medicare Surcharge 2%135$1,288$173,941
Gross Tax 82%6,040$12,104$73,110,171
Net Tax 75%5,505$13,033$71,744,161
Average Tax 100%7,335 $9,781$71,744,161
Gross Tax Rate 82%6,040 24%$73,110,171
Net Tax Rate 75%5,505 25%$71,744,161
Average Tax Rate 100%7,335 19%$71,744,161
%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 $51,110. It is estimated that the average taxable income for people who paid a net amount of tax was $63721.

The average net tax paid was $13,033. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 5,295 people for an average of $939. 135 people paid $1,288 on average more for the Medicare surcharge.

5,965 people earned a salary or wage and took home an average of $51,061 each.

Government allowance and payments were collected by 690 people for on average $5,698. 395 people received the pension or other allowance.

Charitable gifts and donations of an average of $266 were made by 2,595 people.

The costs of tax affairs for 4,295 people were claimed for $276 each.