TaxStats for postcode 4855 FY2013

Postcode 4855 includes Daveson, El Arish, Friday Pocket, Granadilla, Jaffa, Maadi, Maria Creeks, Shell Pocket in Queensland, and is in the federal electorate of Kennedy.

In FY 2013 the ATO recorded 385 individuals in postcode 4855. Of these people, 375 made a taxable income or loss. 280 of the population paid a gross amount of tax. After tax offsets, 250 people actually paid a net amount of tax. There were 125 non-taxable people who paid net tax of $0.

Compare TaxStats of 4855 with QLD

4855 TaxStats FY2013%Ppl#Ppl4855
Avg
4855
Total
Total Individuals100%385
Income
Salary or Wage 74%285$41,923$11,948,043
Gross Interest57%220$4,075$896,580
Unfranked Dividends9%35$145$5,074
Franked Dividends25%95$2,708$257,231
Dividend Franking Credit25%95$1,160$110,212
Capital Gains4%15$9,918$148,772
Termination Payouts1%5$5,322$26,612
Tips/Directors Fees etc16%60$2,825$169,511
Business Income12%45$9,049$407,225
Foreign Income6%25$371$9,265
Government payments6%25$4,583$114,580
Government pensions4%15$13,066$195,989
Total Income or Loss99%380$39,463$14,995,760
Deducations
Charitable Gifts27%105$223$23,432
Cost of Tax Affairs47%180$280$50,374
Work Car expenses22%85$2,708$230,144
Work Travel expenses8%30$3,170$95,103
Self Education expenses3%10$2,295$22,947
Total Deductions78%300$3,249$974,617
Taxation
Taxable Income97%375$36,933$13,849,765
Medicare Levy 61%235$790$185,535
Medicare Surcharge 1%5$78$389
Gross Tax 73%280$7,950$2,226,090
Net Tax 65%250$8,845$2,211,370
Average Tax 100%385 $5,744$2,211,370
Gross Tax Rate 73%280 22%$2,226,090
Net Tax Rate 65%250 24%$2,211,370
Average Tax Rate 100%385 16%$2,211,370
%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 $36,933. It is estimated that the average taxable income for people who paid a net amount of tax was $49399.

The average net tax paid was $8,845. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 235 people for an average of $790. 5 people paid $78 on average more for the Medicare surcharge.

285 people earned a salary or wage and took home an average of $41,923 each.

Government allowance and payments were collected by 25 people for on average $4,583. 15 people received the pension or other allowance.

Charitable gifts and donations of an average of $223 were made by 105 people.

The costs of tax affairs for 180 people were claimed for $280 each.