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 | #Ppl | 4879 Avg | 4879 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 11,145 | ||
| Income | ||||
| Salary or Wage | 81% | 9,055 | $53,251 | $482,188,078 |
| Gross Interest | 52% | 5,835 | $1,837 | $10,716,581 |
| Unfranked Dividends | 6% | 620 | $1,232 | $763,962 |
| Franked Dividends | 16% | 1,790 | $5,593 | $10,011,334 |
| Dividend Franking Credit | 16% | 1,775 | $2,416 | $4,288,264 |
| Capital Gains | 3% | 330 | $10,494 | $3,463,063 |
| Termination Payouts | 2% | 260 | $7,798 | $2,027,416 |
| Tips/Directors Fees etc | 18% | 2,060 | $2,993 | $6,165,641 |
| Business Income | 10% | 1,070 | $21,765 | $23,288,516 |
| Foreign Income | 4% | 500 | $4,338 | $2,168,940 |
| Government payments | 8% | 860 | $5,016 | $4,313,965 |
| Government pensions | 5% | 610 | $8,653 | $5,278,470 |
| Total Income or Loss | 100% | 11,115 | $54,825 | $609,380,632 |
| Deducations | ||||
| Charitable Gifts | 34% | 3,815 | $276 | $1,051,413 |
| Cost of Tax Affairs | 58% | 6,490 | $321 | $2,085,297 |
| Work Car expenses | 27% | 2,970 | $2,342 | $6,955,674 |
| Work Travel expenses | 10% | 1,120 | $2,121 | $2,375,033 |
| Self Education expenses | 5% | 545 | $1,902 | $1,036,610 |
| Total Deductions | 86% | 9,545 | $2,871 | $27,408,426 |
| Taxation | ||||
| Taxable Income | 99% | 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.