TaxStats for postcode 4125 FY2013

Postcode 4125 includes Munruben, Park Ridge, Park Ridge South in Queensland, and is in the federal electorate of Forde.

In FY 2013 the ATO recorded 4,015 individuals in postcode 4125. Of these people, 3,985 made a taxable income or loss. 3,205 of the population paid a gross amount of tax. After tax offsets, 2,945 people actually paid a net amount of tax. There were 1,040 non-taxable people who paid net tax of $0.

Compare TaxStats of 4125 with QLD

4125 TaxStats FY2013%Ppl#Ppl4125
Total Individuals100%4,015
Salary or Wage 77%3,085$49,575$152,938,149
Gross Interest51%2,035$1,247$2,536,782
Unfranked Dividends8%305$238$72,612
Franked Dividends18%730$5,267$3,844,663
Dividend Franking Credit18%730$2,257$1,647,331
Capital Gains3%120$6,242$749,060
Termination Payouts2%75$4,032$302,434
Tips/Directors Fees etc19%745$4,085$3,043,348
Business Income9%370$18,245$6,750,607
Foreign Income4%150$736$110,394
Government payments6%250$5,234$1,308,428
Government pensions5%215$9,513$2,045,286
Total Income or Loss100%4,005$48,774$195,339,182
Charitable Gifts28%1,115$300$334,285
Cost of Tax Affairs48%1,915$293$560,389
Work Car expenses24%975$2,810$2,739,681
Work Travel expenses9%365$2,094$764,176
Self Education expenses3%130$1,750$227,545
Total Deductions80%3,215$2,638$8,481,959
Taxable Income99%3,985$46,786$186,441,964
Medicare Levy 70%2,830$889$2,515,368
Medicare Surcharge 2%65$1,603$104,215
Gross Tax 80%3,205$10,640$34,102,786
Net Tax 73%2,945$11,876$34,976,151
Average Tax 100%4,015 $8,711$34,976,151
Gross Tax Rate 80%3,205 23%$34,102,786
Net Tax Rate 73%2,945 25%$34,976,151
Average Tax Rate 100%4,015 19%$34,976,151
%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 $46,786. It is estimated that the average taxable income for people who paid a net amount of tax was $59070.

The average net tax paid was $11,876. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 2,830 people for an average of $889. 65 people paid $1,603 on average more for the Medicare surcharge.

3,085 people earned a salary or wage and took home an average of $49,575 each.

Government allowance and payments were collected by 250 people for on average $5,234. 215 people received the pension or other allowance.

Charitable gifts and donations of an average of $300 were made by 1,115 people.

The costs of tax affairs for 1,915 people were claimed for $293 each.