TaxStats for postcode 4811 FY2013

Postcode 4811 includes Cluden, Idalia, James Cook University, Mount Stuart, Oak Valley, Oonoonba, Roseneath, Stuart, Wulguru in Queensland, and is in the federal electorate of Dawson.

In FY 2013 the ATO recorded 6,765 individuals in postcode 4811. Of these people, 6,735 made a taxable income or loss. 5,705 of the population paid a gross amount of tax. After tax offsets, 5,350 people actually paid a net amount of tax. There were 1,385 non-taxable people who paid net tax of $0.

Compare TaxStats of 4811 with QLD

4811 TaxStats FY2013%Ppl#Ppl4811
Avg
4811
Total
Total Individuals100%6,765
Income
Salary or Wage 88%5,925$56,827$336,702,177
Gross Interest52%3,545$1,303$4,617,967
Unfranked Dividends7%495$311$153,993
Franked Dividends17%1,140$4,170$4,753,921
Dividend Franking Credit17%1,135$1,794$2,036,616
Capital Gains4%245$5,586$1,368,564
Termination Payouts3%175$9,285$1,624,796
Tips/Directors Fees etc22%1,515$2,133$3,231,060
Business Income7%485$23,376$11,337,402
Foreign Income5%345$1,089$375,551
Government payments7%490$5,131$2,513,975
Government pensions4%300$8,342$2,502,679
Total Income or Loss100%6,750$58,317$393,640,900
Deducations
Charitable Gifts40%2,680$213$569,620
Cost of Tax Affairs56%3,800$264$1,005,065
Work Car expenses27%1,850$2,118$3,919,005
Work Travel expenses7%495$2,209$1,093,214
Self Education expenses4%295$1,739$513,068
Total Deductions88%5,965$2,496$14,888,006
Taxation
Taxable Income100%6,735$56,142$378,114,745
Medicare Levy 73%4,915$1,001$4,918,585
Medicare Surcharge 2%140$1,252$175,298
Gross Tax 84%5,705$13,544$77,269,239
Net Tax 79%5,350$14,449$77,304,498
Average Tax 100%6,765 $11,427$77,304,498
Gross Tax Rate 84%5,705 24%$77,269,239
Net Tax Rate 79%5,350 26%$77,304,498
Average Tax Rate 100%6,765 20%$77,304,498
%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 $56,142. It is estimated that the average taxable income for people who paid a net amount of tax was $67569.

The average net tax paid was $14,449. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 4,915 people for an average of $1,001. 140 people paid $1,252 on average more for the Medicare surcharge.

5,925 people earned a salary or wage and took home an average of $56,827 each.

Government allowance and payments were collected by 490 people for on average $5,131. 300 people received the pension or other allowance.

Charitable gifts and donations of an average of $213 were made by 2,680 people.

The costs of tax affairs for 3,800 people were claimed for $264 each.