TaxStats for postcode 4104 FY2013

Postcode 4104 includes Yeronga in Queensland, and is in the federal electorate of Moreton.

In FY 2013 the ATO recorded 3,955 individuals in postcode 4104. Of these people, 3,925 made a taxable income or loss. 3,250 of the population paid a gross amount of tax. After tax offsets, 3,015 people actually paid a net amount of tax. There were 910 non-taxable people who paid net tax of $0.

Compare TaxStats of 4104 with QLD

4104 TaxStats FY2013%Ppl#Ppl4104
Avg
4104
Total
Total Individuals100%3,955
Income
Salary or Wage 80%3,155$62,890$198,416,926
Gross Interest63%2,485$2,738$6,804,880
Unfranked Dividends12%460$786$361,384
Franked Dividends28%1,090$11,989$13,068,343
Dividend Franking Credit27%1,085$5,160$5,598,221
Capital Gains7%260$73,647$19,148,180
Termination Payouts3%110$13,536$1,488,938
Tips/Directors Fees etc15%585$5,400$3,159,281
Business Income9%355$38,439$13,645,841
Foreign Income9%350$1,415$495,259
Government payments7%280$5,723$1,602,482
Government pensions5%185$9,675$1,789,824
Total Income or Loss99%3,935$79,250$311,848,179
Deducations
Charitable Gifts39%1,540$703$1,082,478
Cost of Tax Affairs43%1,710$537$917,808
Work Car expenses20%790$2,759$2,179,593
Work Travel expenses11%445$1,275$567,293
Self Education expenses5%200$1,864$372,861
Total Deductions81%3,220$3,751$12,077,215
Taxation
Taxable Income99%3,925$76,219$299,159,266
Medicare Levy 73%2,890$1,449$4,187,376
Medicare Surcharge 1%50$893$44,626
Gross Tax 82%3,250$24,367$79,194,068
Net Tax 76%3,015$27,055$81,571,317
Average Tax 100%3,955 $20,625$81,571,317
Gross Tax Rate 82%3,250 32%$79,194,068
Net Tax Rate 76%3,015 35%$81,571,317
Average Tax Rate 100%3,955 27%$81,571,317
%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 $76,219. It is estimated that the average taxable income for people who paid a net amount of tax was $95602.

The average net tax paid was $27,055. This equates to an average tax of 35 cents in the dollar on taxable income.

The Medicare levy was paid by 2,890 people for an average of $1,449. 50 people paid $893 on average more for the Medicare surcharge.

3,155 people earned a salary or wage and took home an average of $62,890 each.

Government allowance and payments were collected by 280 people for on average $5,723. 185 people received the pension or other allowance.

Charitable gifts and donations of an average of $703 were made by 1,540 people.

The costs of tax affairs for 1,710 people were claimed for $537 each.