TaxStats for postcode 4895 FY2013

Postcode 4895 includes Ayton, Bloomfield, Cooktown, Cooktown, Degarra, Endeavour Falls, Helenvale, Hope Vale, Hope Vale, Rossville, Starcke, Wujal Wujal in Queensland, and is in the federal electorate of Leichhardt.

In FY 2013 the ATO recorded 1,785 individuals in postcode 4895. Of these people, 1,775 made a taxable income or loss. 1,395 of the population paid a gross amount of tax. After tax offsets, 1,235 people actually paid a net amount of tax. There were 540 non-taxable people who paid net tax of $0.

Compare TaxStats of 4895 with QLD

4895 TaxStats FY2013%Ppl#Ppl4895
Avg
4895
Total
Total Individuals100%1,785
Income
Salary or Wage 82%1,460$43,157$63,009,643
Gross Interest41%730$1,504$1,098,078
Unfranked Dividends4%80$852$68,193
Franked Dividends10%185$3,782$699,718
Dividend Franking Credit10%185$1,621$299,940
Capital Gains2%30$18,237$547,104
Termination Payouts2%40$2,506$100,222
Tips/Directors Fees etc14%250$3,336$833,998
Business Income11%200$12,916$2,583,183
Foreign Income2%35$593$20,755
Government payments15%260$5,755$1,496,372
Government pensions6%105$9,732$1,021,809
Total Income or Loss100%1,785$43,620$77,861,276
Deducations
Charitable Gifts20%365$350$127,598
Cost of Tax Affairs57%1,025$272$278,933
Work Car expenses18%325$2,471$803,038
Work Travel expenses8%145$2,588$375,264
Self Education expenses3%50$1,319$65,973
Total Deductions80%1,430$2,072$2,962,806
Taxation
Taxable Income99%1,775$42,085$74,700,906
Medicare Levy 67%1,190$812$966,663
Medicare Surcharge 3%50$1,146$57,315
Gross Tax 78%1,395$8,999$12,553,374
Net Tax 69%1,235$9,178$11,335,286
Average Tax 100%1,785 $6,350$11,335,286
Gross Tax Rate 78%1,395 21%$12,553,374
Net Tax Rate 69%1,235 22%$11,335,286
Average Tax Rate 100%1,785 15%$11,335,286
%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 $42,085. It is estimated that the average taxable income for people who paid a net amount of tax was $55240.

The average net tax paid was $9,178. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 1,190 people for an average of $812. 50 people paid $1,146 on average more for the Medicare surcharge.

1,460 people earned a salary or wage and took home an average of $43,157 each.

Government allowance and payments were collected by 260 people for on average $5,755. 105 people received the pension or other allowance.

Charitable gifts and donations of an average of $350 were made by 365 people.

The costs of tax affairs for 1,025 people were claimed for $272 each.