TaxStats for postcode 4034 FY2013

Postcode 4034 includes Aspley, Aspley, Boondall, Boondall, Carseldine, Carseldine, Geebung, Geebung, Zillmere, Zillmere in Queensland, and is in the federal electorate of Lilley.

In FY 2013 the ATO recorded 25,830 individuals in postcode 4034. Of these people, 25,695 made a taxable income or loss. 21,120 of the population paid a gross amount of tax. After tax offsets, 19,445 people actually paid a net amount of tax. There were 6,250 non-taxable people who paid net tax of $0.

Compare TaxStats of 4034 with QLD

4034 TaxStats FY2013%Ppl#Ppl4034
Avg
4034
Total
Total Individuals100%25,830
Income
Salary or Wage 80%20,580$54,819$1,128,165,109
Gross Interest58%14,890$1,883$28,042,010
Unfranked Dividends10%2,515$602$1,514,347
Franked Dividends23%5,895$5,084$29,972,356
Dividend Franking Credit23%5,875$2,185$12,836,022
Capital Gains4%1,085$10,028$10,879,972
Termination Payouts3%745$10,805$8,049,929
Tips/Directors Fees etc17%4,415$3,248$14,342,086
Business Income7%1,865$21,112$39,373,046
Foreign Income7%1,740$1,645$2,862,823
Government payments6%1,545$5,079$7,846,611
Government pensions6%1,665$9,247$15,396,797
Total Income or Loss100%25,745$54,240$1,396,416,347
Deducations
Charitable Gifts39%10,075$317$3,193,509
Cost of Tax Affairs47%12,250$312$3,816,293
Work Car expenses22%5,705$2,421$13,813,073
Work Travel expenses10%2,665$1,489$3,967,129
Self Education expenses5%1,195$1,911$2,283,425
Total Deductions83%21,495$2,545$54,703,422
Taxation
Taxable Income99%25,695$52,133$1,339,564,489
Medicare Levy 72%18,565$974$18,084,676
Medicare Surcharge 2%400$1,120$448,111
Gross Tax 82%21,120$12,565$265,374,523
Net Tax 75%19,445$13,881$269,914,523
Average Tax 100%25,830 $10,450$269,914,523
Gross Tax Rate 82%21,120 24%$265,374,523
Net Tax Rate 75%19,445 27%$269,914,523
Average Tax Rate 100%25,830 20%$269,914,523
%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 $52,133. It is estimated that the average taxable income for people who paid a net amount of tax was $65033.

The average net tax paid was $13,881. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 18,565 people for an average of $974. 400 people paid $1,120 on average more for the Medicare surcharge.

20,580 people earned a salary or wage and took home an average of $54,819 each.

Government allowance and payments were collected by 1,545 people for on average $5,079. 1,665 people received the pension or other allowance.

Charitable gifts and donations of an average of $317 were made by 10,075 people.

The costs of tax affairs for 12,250 people were claimed for $312 each.