TaxStats for postcode 4861 FY2013

Postcode 4861 includes Babinda, Bartle Frere, East Russell in Queensland, and is in the federal electorate of Kennedy.

In FY 2013 the ATO recorded 755 individuals in postcode 4861. Of these people, 745 made a taxable income or loss. 580 of the population paid a gross amount of tax. After tax offsets, 500 people actually paid a net amount of tax. There were 245 non-taxable people who paid net tax of $0.

Compare TaxStats of 4861 with QLD

4861 TaxStats FY2013%Ppl#Ppl4861
Avg
4861
Total
Total Individuals100%755
Income
Salary or Wage 74%555$46,685$25,909,910
Gross Interest56%420$2,611$1,096,565
Unfranked Dividends9%65$189$12,256
Franked Dividends21%160$2,697$431,585
Dividend Franking Credit21%160$1,141$182,532
Capital Gains3%25$10,759$268,969
Termination Payouts1%10$10,614$106,141
Tips/Directors Fees etc17%130$3,606$468,743
Business Income10%75$6,882$516,173
Foreign Income5%40$420$16,791
Government payments9%70$5,971$417,979
Government pensions9%65$10,141$659,181
Total Income or Loss99%750$43,037$32,277,784
Deducations
Charitable Gifts34%255$162$41,305
Cost of Tax Affairs56%420$309$129,751
Work Car expenses23%170$2,107$358,140
Work Travel expenses5%40$2,092$83,668
Self Education expenses5%35$1,353$47,345
Total Deductions80%605$2,011$1,216,685
Taxation
Taxable Income99%745$41,496$30,914,542
Medicare Levy 63%475$841$399,387
Medicare Surcharge 2%15$1,062$15,929
Gross Tax 77%580$9,000$5,220,113
Net Tax 66%500$10,266$5,133,229
Average Tax 100%755 $6,799$5,133,229
Gross Tax Rate 77%580 22%$5,220,113
Net Tax Rate 66%500 25%$5,133,229
Average Tax Rate 100%755 16%$5,133,229
%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 $41,496. It is estimated that the average taxable income for people who paid a net amount of tax was $55949.

The average net tax paid was $10,266. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 475 people for an average of $841. 15 people paid $1,062 on average more for the Medicare surcharge.

555 people earned a salary or wage and took home an average of $46,685 each.

Government allowance and payments were collected by 70 people for on average $5,971. 65 people received the pension or other allowance.

Charitable gifts and donations of an average of $162 were made by 255 people.

The costs of tax affairs for 420 people were claimed for $309 each.