TaxStats for postcode 4865 FY2013

Postcode 4865 includes Goldsborough, Gordonvale, Green Hill, Kamma, Little Mulgrave, Packers Camp in Queensland, and is in the federal electorate of Kennedy.

In FY 2013 the ATO recorded 4,135 individuals in postcode 4865. Of these people, 4,115 made a taxable income or loss. 3,425 of the population paid a gross amount of tax. After tax offsets, 3,115 people actually paid a net amount of tax. There were 1,000 non-taxable people who paid net tax of $0.

Compare TaxStats of 4865 with QLD

4865 TaxStats FY2013%Ppl#Ppl4865
Avg
4865
Total
Total Individuals100%4,135
Income
Salary or Wage 81%3,335$50,954$169,932,299
Gross Interest52%2,160$2,384$5,149,678
Unfranked Dividends7%295$320$94,466
Franked Dividends17%715$4,743$3,391,081
Dividend Franking Credit17%710$2,048$1,453,881
Capital Gains3%125$5,954$744,216
Termination Payouts2%90$7,504$675,384
Tips/Directors Fees etc23%940$5,330$5,009,798
Business Income9%360$16,310$5,871,712
Foreign Income5%210$3,618$759,772
Government payments8%345$5,280$1,821,756
Government pensions6%240$8,935$2,144,356
Total Income or Loss100%4,125$52,394$216,127,169
Deducations
Charitable Gifts32%1,340$219$293,257
Cost of Tax Affairs59%2,430$270$655,191
Work Car expenses28%1,170$2,331$2,727,459
Work Travel expenses7%310$2,014$624,488
Self Education expenses4%155$1,525$236,408
Total Deductions86%3,540$2,578$9,124,549
Taxation
Taxable Income100%4,115$50,225$206,677,727
Medicare Levy 72%2,980$928$2,766,819
Medicare Surcharge 2%70$1,272$89,068
Gross Tax 83%3,425$11,581$39,663,575
Net Tax 75%3,115$12,544$39,075,247
Average Tax 100%4,135 $9,450$39,075,247
Gross Tax Rate 83%3,425 23%$39,663,575
Net Tax Rate 75%3,115 25%$39,075,247
Average Tax Rate 100%4,135 19%$39,075,247
%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 $50,225. It is estimated that the average taxable income for people who paid a net amount of tax was $62497.

The average net tax paid was $12,544. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 2,980 people for an average of $928. 70 people paid $1,272 on average more for the Medicare surcharge.

3,335 people earned a salary or wage and took home an average of $50,954 each.

Government allowance and payments were collected by 345 people for on average $5,280. 240 people received the pension or other allowance.

Charitable gifts and donations of an average of $219 were made by 1,340 people.

The costs of tax affairs for 2,430 people were claimed for $270 each.