TaxStats for postcode 4885 FY2013

Postcode 4885 includes Butchers Creek, Glen Allyn, Jaggan, Kureen, Malanda, North Johnstone, Peeramon, Tarzali, Topaz in Queensland, and is in the federal electorate of Kennedy.

In FY 2013 the ATO recorded 2,215 individuals in postcode 4885. Of these people, 2,195 made a taxable income or loss. 1,600 of the population paid a gross amount of tax. After tax offsets, 1,395 people actually paid a net amount of tax. There were 800 non-taxable people who paid net tax of $0.

Compare TaxStats of 4885 with QLD

4885 TaxStats FY2013%Ppl#Ppl4885
Total Individuals100%2,215
Salary or Wage 71%1,565$46,661$73,023,998
Gross Interest59%1,300$2,645$3,438,203
Unfranked Dividends11%235$279$65,481
Franked Dividends22%485$2,984$1,447,160
Dividend Franking Credit22%485$1,276$619,001
Capital Gains4%95$16,969$1,612,028
Termination Payouts2%35$20,849$729,707
Tips/Directors Fees etc17%375$2,648$993,115
Business Income13%295$8,466$2,497,409
Foreign Income7%145$1,140$165,273
Government payments8%185$5,638$1,043,095
Government pensions7%165$9,909$1,635,012
Total Income or Loss100%2,210$44,227$97,742,372
Charitable Gifts35%785$232$181,984
Cost of Tax Affairs51%1,120$283$317,342
Work Car expenses21%475$2,068$982,305
Work Travel expenses7%155$2,421$375,287
Self Education expenses3%70$1,717$120,163
Total Deductions78%1,725$2,471$4,262,505
Taxable Income99%2,195$42,412$93,094,980
Medicare Levy 60%1,330$912$1,212,831
Medicare Surcharge 1%30$1,251$37,537
Gross Tax 72%1,600$10,894$17,429,613
Net Tax 63%1,395$11,835$16,510,187
Average Tax 100%2,215 $7,454$16,510,187
Gross Tax Rate 72%1,600 26%$17,429,613
Net Tax Rate 63%1,395 28%$16,510,187
Average Tax Rate 100%2,215 18%$16,510,187
%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 $42,412. It is estimated that the average taxable income for people who paid a net amount of tax was $59853.

The average net tax paid was $11,835. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 1,330 people for an average of $912. 30 people paid $1,251 on average more for the Medicare surcharge.

1,565 people earned a salary or wage and took home an average of $46,661 each.

Government allowance and payments were collected by 185 people for on average $5,638. 165 people received the pension or other allowance.

Charitable gifts and donations of an average of $232 were made by 785 people.

The costs of tax affairs for 1,120 people were claimed for $283 each.