TaxStats for postcode 4872 FY2013

Postcode 4872 includes Barrine, Barwidgi, Cairns Mc, Danbulla, Dimbulah, Forty Mile, Glen Ruth, Gunnawarra, Innot Hot Springs, Kairi, Kirrama, Kirrama, Koombooloomba, Kowrowa, Lake Tinaroo, Minnamoolka, Minnamoolka, Mount Garnet, Munderra, Mutchilba, Silver Valley, Tinaroo, Wairuna, Wairuna, Walkamin in Queensland, and is in the federal electorate of Kennedy.

In FY 2013 the ATO recorded 2,355 individuals in postcode 4872. Of these people, 2,305 made a taxable income or loss. 1,615 of the population paid a gross amount of tax. After tax offsets, 1,380 people actually paid a net amount of tax. There were 925 non-taxable people who paid net tax of $0.

Compare TaxStats of 4872 with QLD

4872 TaxStats FY2013%Ppl#Ppl4872
Total Individuals100%2,355
Salary or Wage 67%1,570$41,459$65,090,171
Gross Interest56%1,310$3,093$4,051,555
Unfranked Dividends11%255$202$51,533
Franked Dividends22%525$28,069$14,736,448
Dividend Franking Credit22%520$12,145$6,315,433
Capital Gains4%85$19,016$1,616,352
Termination Payouts2%40$4,002$160,093
Tips/Directors Fees etc11%265$4,420$1,171,409
Business Income12%275$341$93,731
Foreign Income4%105$448$47,081
Government payments8%180$5,825$1,048,584
Government pensions7%160$9,499$1,519,906
Total Income or Loss99%2,340$46,918$109,787,168
Charitable Gifts20%470$320$150,242
Cost of Tax Affairs46%1,075$304$326,545
Work Car expenses17%390$2,389$931,804
Work Travel expenses5%120$2,656$318,682
Self Education expenses1%35$1,356$47,474
Total Deductions70%1,645$2,735$4,498,254
Taxable Income98%2,305$44,998$103,719,588
Medicare Levy 56%1,325$1,063$1,407,964
Medicare Surcharge 1%30$1,442$43,251
Gross Tax 69%1,615$14,450$23,336,617
Net Tax 59%1,380$16,379$22,603,551
Average Tax 100%2,355 $9,598$22,603,551
Gross Tax Rate 69%1,615 32%$23,336,617
Net Tax Rate 59%1,380 36%$22,603,551
Average Tax Rate 100%2,355 21%$22,603,551
%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 $44,998. It is estimated that the average taxable income for people who paid a net amount of tax was $67116.

The average net tax paid was $16,379. This equates to an average tax of 36 cents in the dollar on taxable income.

The Medicare levy was paid by 1,325 people for an average of $1,063. 30 people paid $1,442 on average more for the Medicare surcharge.

1,570 people earned a salary or wage and took home an average of $41,459 each.

Government allowance and payments were collected by 180 people for on average $5,825. 160 people received the pension or other allowance.

Charitable gifts and donations of an average of $320 were made by 470 people.

The costs of tax affairs for 1,075 people were claimed for $304 each.