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#Ppl4875
Total Individuals100%2,760
Salary or Wage 90%2,495$47,062$117,420,578
Gross Interest33%915$677$619,073
Unfranked Dividends1%35$1,134$39,692
Franked Dividends4%100$12,780$1,278,029
Dividend Franking Credit4%100$5,477$547,703
Capital Gains1%25$9,572$239,290
Termination Payouts3%95$3,677$349,312
Tips/Directors Fees etc13%370$2,942$1,088,673
Business Income8%225$18,305$4,118,548
Foreign Income1%35$465$16,281
Government payments19%525$6,203$3,256,826
Government pensions6%165$9,325$1,538,576
Total Income or Loss100%2,760$48,481$133,808,448
Charitable Gifts23%645$273$175,900
Cost of Tax Affairs63%1,745$274$478,502
Work Car expenses13%360$2,598$935,385
Work Travel expenses9%240$2,318$556,437
Self Education expenses3%75$2,974$223,050
Total Deductions84%2,305$2,100$4,841,144
Taxable Income100%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.