TaxStats for postcode 4879 FY2013

Postcode 4879 includes Clifton Beach, Ellis Beach, Kewarra Beach, Palm Cove, Trinity Beach, Trinity Park in Queensland, and is in the federal electorate of Leichhardt.

In FY 2013 the ATO recorded 11,145 individuals in postcode 4879. Of these people, 11,070 made a taxable income or loss. 9,095 of the population paid a gross amount of tax. After tax offsets, 8,355 people actually paid a net amount of tax. There were 2,715 non-taxable people who paid net tax of $0.

Compare TaxStats of 4879 with QLD

4879 TaxStats FY2013%Ppl#Ppl4879
Total Individuals100%11,145
Salary or Wage 81%9,055$53,251$482,188,078
Gross Interest52%5,835$1,837$10,716,581
Unfranked Dividends6%620$1,232$763,962
Franked Dividends16%1,790$5,593$10,011,334
Dividend Franking Credit16%1,775$2,416$4,288,264
Capital Gains3%330$10,494$3,463,063
Termination Payouts2%260$7,798$2,027,416
Tips/Directors Fees etc18%2,060$2,993$6,165,641
Business Income10%1,070$21,765$23,288,516
Foreign Income4%500$4,338$2,168,940
Government payments8%860$5,016$4,313,965
Government pensions5%610$8,653$5,278,470
Total Income or Loss100%11,115$54,825$609,380,632
Charitable Gifts34%3,815$276$1,051,413
Cost of Tax Affairs58%6,490$321$2,085,297
Work Car expenses27%2,970$2,342$6,955,674
Work Travel expenses10%1,120$2,121$2,375,033
Self Education expenses5%545$1,902$1,036,610
Total Deductions86%9,545$2,871$27,408,426
Taxable Income99%11,070$52,450$580,618,199
Medicare Levy 72%8,045$976$7,854,610
Medicare Surcharge 2%250$1,288$322,013
Gross Tax 82%9,095$12,803$116,447,548
Net Tax 75%8,355$13,558$113,280,652
Average Tax 100%11,145 $10,164$113,280,652
Gross Tax Rate 82%9,095 24%$116,447,548
Net Tax Rate 75%8,355 26%$113,280,652
Average Tax Rate 100%11,145 19%$113,280,652
%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 $52,450. It is estimated that the average taxable income for people who paid a net amount of tax was $65594.

The average net tax paid was $13,558. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 8,045 people for an average of $976. 250 people paid $1,288 on average more for the Medicare surcharge.

9,055 people earned a salary or wage and took home an average of $53,251 each.

Government allowance and payments were collected by 860 people for on average $5,016. 610 people received the pension or other allowance.

Charitable gifts and donations of an average of $276 were made by 3,815 people.

The costs of tax affairs for 6,490 people were claimed for $321 each.