TaxStats for postcode 4875 FY2013
Postcode 4875 includes Badu Island, Banks Island, Boigu Island, Coconut Island, Darnley Island, Dauan Island, Erub, Horn Island, Jervis Island, Kubin Village, Mabuiag, Mabuiag Island, Moa Island, Mulgrave Island, Murray Island, Murray Island, Saibai Island, Stephens Island, Talbot Island, Thursday Island, Warraber Island, Yam Island, Yorke Island, Yorke Island in Queensland, and is in the federal electorate of Leichhardt.
In FY 2013 the ATO recorded 2,760 individuals in postcode 4875. Of these people, 2,755 made a taxable income or loss. 2,310 of the population paid a gross amount of tax. After tax offsets, 2,030 people actually paid a net amount of tax. There were 725 non-taxable people who paid net tax of $0.
Compare TaxStats of 4875 with QLD
| 4875 TaxStats FY2013 | %Ppl | #Ppl | 4875 Avg | 4875 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 2,760 | ||
| Income | ||||
| Salary or Wage | 90% | 2,495 | $47,062 | $117,420,578 |
| Gross Interest | 33% | 915 | $677 | $619,073 |
| Unfranked Dividends | 1% | 35 | $1,134 | $39,692 |
| Franked Dividends | 4% | 100 | $12,780 | $1,278,029 |
| Dividend Franking Credit | 4% | 100 | $5,477 | $547,703 |
| Capital Gains | 1% | 25 | $9,572 | $239,290 |
| Termination Payouts | 3% | 95 | $3,677 | $349,312 |
| Tips/Directors Fees etc | 13% | 370 | $2,942 | $1,088,673 |
| Business Income | 8% | 225 | $18,305 | $4,118,548 |
| Foreign Income | 1% | 35 | $465 | $16,281 |
| Government payments | 19% | 525 | $6,203 | $3,256,826 |
| Government pensions | 6% | 165 | $9,325 | $1,538,576 |
| Total Income or Loss | 100% | 2,760 | $48,481 | $133,808,448 |
| Deducations | ||||
| Charitable Gifts | 23% | 645 | $273 | $175,900 |
| Cost of Tax Affairs | 63% | 1,745 | $274 | $478,502 |
| Work Car expenses | 13% | 360 | $2,598 | $935,385 |
| Work Travel expenses | 9% | 240 | $2,318 | $556,437 |
| Self Education expenses | 3% | 75 | $2,974 | $223,050 |
| Total Deductions | 84% | 2,305 | $2,100 | $4,841,144 |
| Taxation | ||||
| Taxable Income | 100% | 2,755 | $46,708 | $128,679,635 |
| Medicare Levy | 69% | 1,915 | $862 | $1,650,836 |
| Medicare Surcharge | 4% | 100 | $1,235 | $123,521 |
| Gross Tax | 84% | 2,310 | $9,744 | $22,508,715 |
| Net Tax | 74% | 2,030 | $10,161 | $20,625,828 |
| Average Tax | 100% | 2,760 | $7,473 | $20,625,828 |
| Gross Tax Rate | 84% | 2,310 | 21% | $22,508,715 |
| Net Tax Rate | 74% | 2,030 | 22% | $20,625,828 |
| Average Tax Rate | 100% | 2,760 | 16% | $20,625,828 |
| %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 $46,708. It is estimated that the average taxable income for people who paid a net amount of tax was $59103.
The average net tax paid was $10,161. This equates to an average tax of 22 cents in the dollar on taxable income.
The Medicare levy was paid by 1,915 people for an average of $862. 100 people paid $1,235 on average more for the Medicare surcharge.
2,495 people earned a salary or wage and took home an average of $47,062 each.
Government allowance and payments were collected by 525 people for on average $6,203. 165 people received the pension or other allowance.
Charitable gifts and donations of an average of $273 were made by 645 people.
The costs of tax affairs for 1,745 people were claimed for $274 each.