TaxStats for postcode 4859 FY2013
Postcode 4859 includes No 6 Branch, No. 6 Branch, South Johnstone in Queensland, and is in the federal electorate of Kennedy.
In FY 2013 the ATO recorded 325 individuals in postcode 4859. Of these people, 325 made a taxable income or loss. 260 of the population paid a gross amount of tax. After tax offsets, 230 people actually paid a net amount of tax. There were 95 non-taxable people who paid net tax of $0.
Compare TaxStats of 4859 with QLD
| 4859 TaxStats FY2013 | %Ppl | #Ppl | 4859 Avg | 4859 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 325 | ||
| Income | ||||
| Salary or Wage | 75% | 245 | $44,283 | $10,849,340 |
| Gross Interest | 55% | 180 | $2,772 | $498,925 |
| Unfranked Dividends | 11% | 35 | $316 | $11,043 |
| Franked Dividends | 22% | 70 | $4,817 | $337,206 |
| Dividend Franking Credit | 22% | 70 | $2,063 | $144,401 |
| Capital Gains | 5% | 15 | $4,104 | $61,557 |
| Termination Payouts | 2% | 5 | $6,045 | $30,224 |
| Tips/Directors Fees etc | 18% | 60 | $764 | $45,863 |
| Business Income | 9% | 30 | $9,873 | $296,179 |
| Foreign Income | 6% | 20 | $151 | $3,012 |
| Government payments | 8% | 25 | $6,607 | $165,186 |
| Government pensions | 6% | 20 | $9,402 | $188,045 |
| Total Income or Loss | 100% | 325 | $43,273 | $14,063,821 |
| Deducations | ||||
| Charitable Gifts | 31% | 100 | $157 | $15,701 |
| Cost of Tax Affairs | 49% | 160 | $248 | $39,661 |
| Work Car expenses | 22% | 70 | $2,348 | $164,389 |
| Work Travel expenses | 6% | 20 | $3,300 | $66,005 |
| Self Education expenses | 2% | 5 | $2,273 | $11,364 |
| Total Deductions | 78% | 255 | $2,114 | $539,009 |
| Taxation | ||||
| Taxable Income | 100% | 325 | $41,576 | $13,512,070 |
| Medicare Levy | 69% | 225 | $805 | $181,118 |
| Medicare Surcharge | 2% | 5 | $1,800 | $8,999 |
| Gross Tax | 80% | 260 | $8,917 | $2,318,438 |
| Net Tax | 71% | 230 | $9,918 | $2,281,104 |
| Average Tax | 100% | 325 | $7,019 | $2,281,104 |
| Gross Tax Rate | 80% | 260 | 21% | $2,318,438 |
| Net Tax Rate | 71% | 230 | 24% | $2,281,104 |
| Average Tax Rate | 100% | 325 | 17% | $2,281,104 |
| %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 $41,576. It is estimated that the average taxable income for people who paid a net amount of tax was $53792.
The average net tax paid was $9,918. This equates to an average tax of 24 cents in the dollar on taxable income.
The Medicare levy was paid by 225 people for an average of $805. 5 people paid $1,800 on average more for the Medicare surcharge.
245 people earned a salary or wage and took home an average of $44,283 each.
Government allowance and payments were collected by 25 people for on average $6,607. 20 people received the pension or other allowance.
Charitable gifts and donations of an average of $157 were made by 100 people.
The costs of tax affairs for 160 people were claimed for $248 each.