TaxStats for postcode 4856 FY2013
Postcode 4856 includes Goolboo, Japoonvale, Mccutcheon, No 4 Branch, No 5 Branch, No. 4 Branch, No. 5 Branch, Silkwood, Walter Lever Estate in Queensland, and is in the federal electorate of Kennedy.
In FY 2013 the ATO recorded 385 individuals in postcode 4856. Of these people, 370 made a taxable income or loss. 275 of the population paid a gross amount of tax. After tax offsets, 235 people actually paid a net amount of tax. There were 135 non-taxable people who paid net tax of $0.
Compare TaxStats of 4856 with QLD
| 4856 TaxStats FY2013 | %Ppl | #Ppl | 4856 Avg | 4856 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 385 | ||
| Income | ||||
| Salary or Wage | 65% | 250 | $45,861 | $11,465,311 |
| Gross Interest | 65% | 250 | $7,152 | $1,788,028 |
| Unfranked Dividends | 14% | 55 | $222 | $12,228 |
| Franked Dividends | 29% | 110 | $4,300 | $473,012 |
| Dividend Franking Credit | 29% | 110 | $1,843 | $202,692 |
| Capital Gains | 1% | 5 | $4,792 | $23,959 |
| Termination Payouts | 3% | 10 | $7,454 | $74,536 |
| Tips/Directors Fees etc | 16% | 60 | $1,104 | $66,222 |
| Business Income | 14% | 55 | $2,139 | $117,671 |
| Foreign Income | 5% | 20 | $229 | $4,582 |
| Government payments | 8% | 30 | $5,373 | $161,184 |
| Government pensions | 6% | 25 | $9,330 | $233,239 |
| Total Income or Loss | 99% | 380 | $41,309 | $15,697,420 |
| Deducations | ||||
| Charitable Gifts | 25% | 95 | $177 | $16,813 |
| Cost of Tax Affairs | 43% | 165 | $257 | $42,360 |
| Work Car expenses | 19% | 75 | $2,560 | $191,987 |
| Work Travel expenses | 6% | 25 | $4,745 | $118,619 |
| Self Education expenses | 4% | 15 | $1,667 | $25,012 |
| Total Deductions | 74% | 285 | $3,372 | $961,070 |
| Taxation | ||||
| Taxable Income | 96% | 370 | $38,943 | $14,408,977 |
| Medicare Levy | 60% | 230 | $866 | $199,232 |
| Medicare Surcharge | 1% | 5 | $189 | $946 |
| Gross Tax | 71% | 275 | $9,665 | $2,657,883 |
| Net Tax | 61% | 235 | $10,169 | $2,389,599 |
| Average Tax | 100% | 385 | $6,207 | $2,389,599 |
| Gross Tax Rate | 71% | 275 | 25% | $2,657,883 |
| Net Tax Rate | 61% | 235 | 26% | $2,389,599 |
| Average Tax Rate | 100% | 385 | 16% | $2,389,599 |
| %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 $38,943. It is estimated that the average taxable income for people who paid a net amount of tax was $54421.
The average net tax paid was $10,169. This equates to an average tax of 26 cents in the dollar on taxable income.
The Medicare levy was paid by 230 people for an average of $866. 5 people paid $189 on average more for the Medicare surcharge.
250 people earned a salary or wage and took home an average of $45,861 each.
Government allowance and payments were collected by 30 people for on average $5,373. 25 people received the pension or other allowance.
Charitable gifts and donations of an average of $177 were made by 95 people.
The costs of tax affairs for 165 people were claimed for $257 each.