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#Ppl4870
Total Individuals100%43,585
Salary or Wage 83%36,275$49,407$1,792,234,063
Gross Interest50%21,930$1,842$40,395,524
Unfranked Dividends6%2,670$687$1,834,181
Franked Dividends16%6,830$7,840$53,546,929
Dividend Franking Credit16%6,800$3,375$22,948,199
Capital Gains3%1,190$15,879$18,895,882
Termination Payouts2%995$7,197$7,161,419
Tips/Directors Fees etc18%7,775$2,759$21,448,876
Business Income9%3,970$21,355$84,779,468
Foreign Income5%2,020$2,817$5,690,599
Government payments9%3,760$5,247$19,727,693
Government pensions5%2,225$9,131$20,316,921
Total Income or Loss100%43,430$52,731$2,290,128,635
Charitable Gifts34%14,745$325$4,786,192
Cost of Tax Affairs55%24,130$290$7,001,274
Work Car expenses25%11,060$2,235$24,719,471
Work Travel expenses9%4,070$1,987$8,085,833
Self Education expenses5%2,040$1,825$3,723,646
Total Deductions83%36,275$2,807$101,828,118
Taxable Income99%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.