TaxStats for postcode 4123 FY2013

Postcode 4123 includes Rochedale, Rochedale, Rochedale South, Rochedale South in Queensland, and is in the federal electorate of Bonner.

In FY 2013 the ATO recorded 10,030 individuals in postcode 4123. Of these people, 9,980 made a taxable income or loss. 8,275 of the population paid a gross amount of tax. After tax offsets, 7,675 people actually paid a net amount of tax. There were 2,305 non-taxable people who paid net tax of $0.

Compare TaxStats of 4123 with QLD

4123 TaxStats FY2013%Ppl#Ppl4123
Avg
4123
Total
Total Individuals100%10,030
Income
Salary or Wage 82%8,210$52,730$432,909,621
Gross Interest56%5,645$1,428$8,061,664
Unfranked Dividends7%745$540$402,005
Franked Dividends19%1,895$4,787$9,072,247
Dividend Franking Credit19%1,890$2,055$3,884,180
Capital Gains4%375$8,269$3,100,942
Termination Payouts3%265$8,282$2,194,633
Tips/Directors Fees etc17%1,755$3,510$6,160,858
Business Income9%860$19,104$16,429,710
Foreign Income5%515$2,607$1,342,574
Government payments6%625$5,042$3,151,509
Government pensions5%530$8,692$4,606,960
Total Income or Loss100%10,000$53,131$531,312,966
Deducations
Charitable Gifts38%3,780$473$1,788,179
Cost of Tax Affairs47%4,665$278$1,297,919
Work Car expenses26%2,605$2,663$6,938,394
Work Travel expenses11%1,070$1,313$1,405,385
Self Education expenses4%430$1,533$659,097
Total Deductions84%8,380$2,757$23,100,340
Taxation
Taxable Income100%9,980$50,881$507,795,044
Medicare Levy 74%7,415$937$6,945,825
Medicare Surcharge 1%135$1,293$174,527
Gross Tax 83%8,275$11,779$97,469,683
Net Tax 77%7,675$13,014$99,882,302
Average Tax 100%10,030 $9,958$99,882,302
Gross Tax Rate 83%8,275 23%$97,469,683
Net Tax Rate 77%7,675 26%$99,882,302
Average Tax Rate 100%10,030 20%$99,882,302
%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 $50,881. It is estimated that the average taxable income for people who paid a net amount of tax was $62558.

The average net tax paid was $13,014. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 7,415 people for an average of $937. 135 people paid $1,293 on average more for the Medicare surcharge.

8,210 people earned a salary or wage and took home an average of $52,730 each.

Government allowance and payments were collected by 625 people for on average $5,042. 530 people received the pension or other allowance.

Charitable gifts and donations of an average of $473 were made by 3,780 people.

The costs of tax affairs for 4,665 people were claimed for $278 each.