TaxStats for postcode 4873 FY2013

Postcode 4873 includes Bamboo, Bonnie Doon, Cape Tribulation, Cassowary, Cooya Beach, Cow Bay, Dagmar, Daintree, Dedin, Diwan, Finlay Vale, Finlayvale, Forest Creek, Kimberley, Low Isles, Lower Daintree, Miallo, Mossman, Mossman Gorge, Newell, Noah, Rocky Point, Rocky Point, Shannonvale, Spurgeon, Stewart Creek Valley, Syndicate, Thornton Beach, Upper Daintree, Whyanbeel, Wonga in Queensland, and is in the federal electorate of Leichhardt.

In FY 2013 the ATO recorded 3,515 individuals in postcode 4873. Of these people, 3,485 made a taxable income or loss. 2,770 of the population paid a gross amount of tax. After tax offsets, 2,445 people actually paid a net amount of tax. There were 1,040 non-taxable people who paid net tax of $0.

Compare TaxStats of 4873 with QLD

4873 TaxStats FY2013%Ppl#Ppl4873
Total Individuals100%3,515
Salary or Wage 77%2,690$44,245$119,017,961
Gross Interest53%1,865$2,172$4,051,430
Unfranked Dividends8%275$655$180,014
Franked Dividends18%640$5,185$3,318,257
Dividend Franking Credit18%635$2,239$1,421,603
Capital Gains3%120$8,541$1,024,958
Termination Payouts2%80$8,680$694,423
Tips/Directors Fees etc15%510$2,402$1,225,162
Business Income13%450$14,587$6,564,116
Foreign Income4%155$1,652$256,106
Government payments11%375$5,058$1,896,825
Government pensions7%250$8,957$2,239,359
Total Income or Loss100%3,505$44,703$156,683,219
Charitable Gifts26%930$297$275,939
Cost of Tax Affairs53%1,860$271$504,203
Work Car expenses22%765$2,215$1,694,844
Work Travel expenses6%210$1,857$389,992
Self Education expenses3%115$1,643$188,910
Total Deductions80%2,820$2,366$6,672,342
Taxable Income99%3,485$42,857$149,357,330
Medicare Levy 67%2,345$833$1,954,157
Medicare Surcharge 1%45$1,676$75,442
Gross Tax 79%2,770$9,317$25,807,202
Net Tax 70%2,445$10,258$25,079,657
Average Tax 100%3,515 $7,135$25,079,657
Gross Tax Rate 79%2,770 22%$25,807,202
Net Tax Rate 70%2,445 24%$25,079,657
Average Tax Rate 100%3,515 17%$25,079,657
%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 $42,857. It is estimated that the average taxable income for people who paid a net amount of tax was $55983.

The average net tax paid was $10,258. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 2,345 people for an average of $833. 45 people paid $1,676 on average more for the Medicare surcharge.

2,690 people earned a salary or wage and took home an average of $44,245 each.

Government allowance and payments were collected by 375 people for on average $5,058. 250 people received the pension or other allowance.

Charitable gifts and donations of an average of $297 were made by 930 people.

The costs of tax affairs for 1,860 people were claimed for $271 each.