TaxStats for postcode 4825 FY2013
Postcode 4825 includes Alexandria, Alpurrurulam, Barkly, Breakaway, Buckingham, Carrandotta, Dajarra, Duchess, Fielding, Fisher, Georgina, Gunpowder, Happy Valley, Happy Valley, Healy, Kalkadoon, Lanskey, Lawn Hill, Menzies, Mica Creek, Miles End, Mornington, Mount Isa, Mount Isa City, Mount Isa Dc, Mount Isa East, Parkside, Parkside, Pioneer, Piturie, Ranken, Ryan, Soldiers Hill, Spreadborough, Sunset, The Gap, The Monument, Townview, Waverley, Winston in Queensland, and is in the federal electorate of Kennedy.
In FY 2013 the ATO recorded 12,600 individuals in postcode 4825. Of these people, 12,570 made a taxable income or loss. 11,150 of the population paid a gross amount of tax. After tax offsets, 10,640 people actually paid a net amount of tax. There were 1,930 non-taxable people who paid net tax of $0.
Compare TaxStats of 4825 with QLD
| 4825 TaxStats FY2013 | %Ppl | #Ppl | 4825 Avg | 4825 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 12,600 | ||
| Income | ||||
| Salary or Wage | 94% | 11,860 | $72,670 | $861,866,081 |
| Gross Interest | 47% | 5,870 | $926 | $5,433,112 |
| Unfranked Dividends | 4% | 550 | $242 | $132,886 |
| Franked Dividends | 9% | 1,190 | $5,049 | $6,008,758 |
| Dividend Franking Credit | 9% | 1,185 | $2,170 | $2,571,168 |
| Capital Gains | 2% | 270 | $14,473 | $3,907,794 |
| Termination Payouts | 3% | 325 | $4,737 | $1,539,687 |
| Tips/Directors Fees etc | 11% | 1,360 | $2,440 | $3,318,006 |
| Business Income | 5% | 575 | $16,973 | $9,759,359 |
| Foreign Income | 3% | 400 | $548 | $219,066 |
| Government payments | 6% | 730 | $5,008 | $3,655,744 |
| Government pensions | 3% | 335 | $8,959 | $3,001,208 |
| Total Income or Loss | 100% | 12,585 | $72,577 | $913,381,312 |
| Deducations | ||||
| Charitable Gifts | 32% | 3,985 | $327 | $1,304,473 |
| Cost of Tax Affairs | 58% | 7,325 | $313 | $2,291,295 |
| Work Car expenses | 22% | 2,715 | $1,950 | $5,294,771 |
| Work Travel expenses | 6% | 770 | $2,233 | $1,719,759 |
| Self Education expenses | 5% | 615 | $2,181 | $1,341,232 |
| Total Deductions | 89% | 11,220 | $2,215 | $24,851,822 |
| Taxation | ||||
| Taxable Income | 100% | 12,570 | $70,505 | $886,243,566 |
| Medicare Levy | 82% | 10,360 | $1,214 | $12,573,233 |
| Medicare Surcharge | 6% | 815 | $1,087 | $885,666 |
| Gross Tax | 88% | 11,150 | $18,310 | $204,160,179 |
| Net Tax | 84% | 10,640 | $19,546 | $207,966,304 |
| Average Tax | 100% | 12,600 | $16,505 | $207,966,304 |
| Gross Tax Rate | 88% | 11,150 | 26% | $204,160,179 |
| Net Tax Rate | 84% | 10,640 | 28% | $207,966,304 |
| Average Tax Rate | 100% | 12,600 | 23% | $207,966,304 |
| %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 $70,505. It is estimated that the average taxable income for people who paid a net amount of tax was $81117.
The average net tax paid was $19,546. This equates to an average tax of 28 cents in the dollar on taxable income.
The Medicare levy was paid by 10,360 people for an average of $1,214. 815 people paid $1,087 on average more for the Medicare surcharge.
11,860 people earned a salary or wage and took home an average of $72,670 each.
Government allowance and payments were collected by 730 people for on average $5,008. 335 people received the pension or other allowance.
Charitable gifts and donations of an average of $327 were made by 3,985 people.
The costs of tax affairs for 7,325 people were claimed for $313 each.