TaxStats for postcode 4870 FY2013
Postcode 4870 includes Aeroglen, Barron Gorge, Brinsmead, Bungalow, Cairns, Cairns Central, Cairns City, Cairns Dc, Cairns Mc, Cairns North, Cairns Orchid Plaza, Earlville, Earlville Bc, Edge Hill, Freshwater, Kamerunga, Kanimbla, Lamb Range, Manoora, Manunda, Martynvale, Mooroobool, North Cairns, Parramatta Park, Portsmith, Redlynch, Stratford, Westcourt, Whitfield in Queensland, and is in the federal electorate of Leichhardt.
In FY 2013 the ATO recorded 43,585 individuals in postcode 4870. Of these people, 43,300 made a taxable income or loss. 35,265 of the population paid a gross amount of tax. After tax offsets, 32,255 people actually paid a net amount of tax. There were 11,045 non-taxable people who paid net tax of $0.
Compare TaxStats of 4870 with QLD
| 4870 TaxStats FY2013 | %Ppl | #Ppl | 4870 Avg | 4870 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 43,585 | ||
| Income | ||||
| Salary or Wage | 83% | 36,275 | $49,407 | $1,792,234,063 |
| Gross Interest | 50% | 21,930 | $1,842 | $40,395,524 |
| Unfranked Dividends | 6% | 2,670 | $687 | $1,834,181 |
| Franked Dividends | 16% | 6,830 | $7,840 | $53,546,929 |
| Dividend Franking Credit | 16% | 6,800 | $3,375 | $22,948,199 |
| Capital Gains | 3% | 1,190 | $15,879 | $18,895,882 |
| Termination Payouts | 2% | 995 | $7,197 | $7,161,419 |
| Tips/Directors Fees etc | 18% | 7,775 | $2,759 | $21,448,876 |
| Business Income | 9% | 3,970 | $21,355 | $84,779,468 |
| Foreign Income | 5% | 2,020 | $2,817 | $5,690,599 |
| Government payments | 9% | 3,760 | $5,247 | $19,727,693 |
| Government pensions | 5% | 2,225 | $9,131 | $20,316,921 |
| Total Income or Loss | 100% | 43,430 | $52,731 | $2,290,128,635 |
| Deducations | ||||
| Charitable Gifts | 34% | 14,745 | $325 | $4,786,192 |
| Cost of Tax Affairs | 55% | 24,130 | $290 | $7,001,274 |
| Work Car expenses | 25% | 11,060 | $2,235 | $24,719,471 |
| Work Travel expenses | 9% | 4,070 | $1,987 | $8,085,833 |
| Self Education expenses | 5% | 2,040 | $1,825 | $3,723,646 |
| Total Deductions | 83% | 36,275 | $2,807 | $101,828,118 |
| Taxation | ||||
| Taxable Income | 99% | 43,300 | $50,457 | $2,184,792,840 |
| Medicare Levy | 70% | 30,415 | $948 | $28,831,501 |
| Medicare Surcharge | 2% | 830 | $1,357 | $1,125,960 |
| Gross Tax | 81% | 35,265 | $12,166 | $429,049,579 |
| Net Tax | 74% | 32,255 | $13,126 | $423,369,348 |
| Average Tax | 100% | 43,585 | $9,714 | $423,369,348 |
| Gross Tax Rate | 81% | 35,265 | 24% | $429,049,579 |
| Net Tax Rate | 74% | 32,255 | 26% | $423,369,348 |
| Average Tax Rate | 100% | 43,585 | 19% | $423,369,348 |
| %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 $50,457. It is estimated that the average taxable income for people who paid a net amount of tax was $63626.
The average net tax paid was $13,126. This equates to an average tax of 26 cents in the dollar on taxable income.
The Medicare levy was paid by 30,415 people for an average of $948. 830 people paid $1,357 on average more for the Medicare surcharge.
36,275 people earned a salary or wage and took home an average of $49,407 each.
Government allowance and payments were collected by 3,760 people for on average $5,247. 2,225 people received the pension or other allowance.
Charitable gifts and donations of an average of $325 were made by 14,745 people.
The costs of tax affairs for 24,130 people were claimed for $290 each.