TaxStats for postcode 4065 FY2013

Postcode 4065 includes Bardon in Queensland, and is in the federal electorate of Brisbane.

In FY 2013 the ATO recorded 5,735 individuals in postcode 4065. Of these people, 5,705 made a taxable income or loss. 4,730 of the population paid a gross amount of tax. After tax offsets, 4,445 people actually paid a net amount of tax. There were 1,260 non-taxable people who paid net tax of $0.

Compare TaxStats of 4065 with QLD

4065 TaxStats FY2013%Ppl#Ppl4065
Avg
4065
Total
Total Individuals100%5,735
Income
Salary or Wage 78%4,465$79,535$355,124,505
Gross Interest65%3,745$2,340$8,764,468
Unfranked Dividends15%840$1,189$998,839
Franked Dividends33%1,865$11,686$21,795,045
Dividend Franking Credit32%1,855$5,033$9,335,598
Capital Gains8%440$22,295$9,809,881
Termination Payouts3%160$21,432$3,429,093
Tips/Directors Fees etc14%800$8,029$6,423,070
Business Income10%595$53,034$31,555,084
Foreign Income12%670$1,329$890,127
Government payments5%285$5,480$1,561,800
Government pensions4%205$8,799$1,803,842
Total Income or Loss100%5,715$92,369$527,886,127
Deducations
Charitable Gifts42%2,400$768$1,844,359
Cost of Tax Affairs47%2,710$636$1,724,008
Work Car expenses22%1,265$3,136$3,966,502
Work Travel expenses12%665$1,698$1,129,249
Self Education expenses5%270$2,944$794,876
Total Deductions82%4,720$4,836$22,826,546
Taxation
Taxable Income99%5,705$88,382$504,222,088
Medicare Levy 75%4,315$1,658$7,153,164
Medicare Surcharge 1%80$1,245$99,611
Gross Tax 82%4,730$29,746$140,700,737
Net Tax 78%4,445$32,463$144,298,894
Average Tax 100%5,735 $25,161$144,298,894
Gross Tax Rate 82%4,730 34%$140,700,737
Net Tax Rate 78%4,445 37%$144,298,894
Average Tax Rate 100%5,735 28%$144,298,894
%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 $88,382. It is estimated that the average taxable income for people who paid a net amount of tax was $110034.

The average net tax paid was $32,463. This equates to an average tax of 37 cents in the dollar on taxable income.

The Medicare levy was paid by 4,315 people for an average of $1,658. 80 people paid $1,245 on average more for the Medicare surcharge.

4,465 people earned a salary or wage and took home an average of $79,535 each.

Government allowance and payments were collected by 285 people for on average $5,480. 205 people received the pension or other allowance.

Charitable gifts and donations of an average of $768 were made by 2,400 people.

The costs of tax affairs for 2,710 people were claimed for $636 each.