TaxStats for postcode 4022 FY2013

Postcode 4022 includes Rothwell in Queensland, and is in the federal electorate of Petrie.

In FY 2013 the ATO recorded 3,300 individuals in postcode 4022. Of these people, 3,290 made a taxable income or loss. 2,665 of the population paid a gross amount of tax. After tax offsets, 2,385 people actually paid a net amount of tax. There were 905 non-taxable people who paid net tax of $0.

Compare TaxStats of 4022 with QLD

4022 TaxStats FY2013%Ppl#Ppl4022
Avg
4022
Total
Total Individuals100%3,300
Income
Salary or Wage 82%2,695$47,321$127,528,977
Gross Interest49%1,605$1,124$1,803,925
Unfranked Dividends6%205$235$48,206
Franked Dividends15%485$2,582$1,252,285
Dividend Franking Credit15%480$1,117$536,057
Capital Gains3%95$5,809$551,813
Termination Payouts3%85$6,696$569,169
Tips/Directors Fees etc21%680$2,725$1,852,798
Business Income6%205$18,330$3,757,649
Foreign Income4%140$1,868$261,560
Government payments9%285$4,360$1,242,574
Government pensions9%310$9,305$2,884,533
Total Income or Loss100%3,290$45,687$150,310,405
Deducations
Charitable Gifts38%1,250$299$373,373
Cost of Tax Affairs49%1,620$234$379,569
Work Car expenses28%940$2,457$2,310,045
Work Travel expenses11%355$1,702$604,360
Self Education expenses4%130$1,765$229,393
Total Deductions85%2,800$2,425$6,788,902
Taxation
Taxable Income100%3,290$43,590$143,412,689
Medicare Levy 68%2,250$825$1,855,546
Medicare Surcharge 2%55$954$52,457
Gross Tax 81%2,665$8,971$23,908,662
Net Tax 72%2,385$10,144$24,193,816
Average Tax 100%3,300 $7,331$24,193,816
Gross Tax Rate 81%2,665 21%$23,908,662
Net Tax Rate 72%2,385 23%$24,193,816
Average Tax Rate 100%3,300 17%$24,193,816
%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 $43,590. It is estimated that the average taxable income for people who paid a net amount of tax was $55578.

The average net tax paid was $10,144. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 2,250 people for an average of $825. 55 people paid $954 on average more for the Medicare surcharge.

2,695 people earned a salary or wage and took home an average of $47,321 each.

Government allowance and payments were collected by 285 people for on average $4,360. 310 people received the pension or other allowance.

Charitable gifts and donations of an average of $299 were made by 1,250 people.

The costs of tax affairs for 1,620 people were claimed for $234 each.