TaxStats for postcode 4129 FY2013

Postcode 4129 includes Loganholme, Loganholme Bc, Loganholme Dc in Queensland, and is in the federal electorate of Forde.

In FY 2013 the ATO recorded 4,035 individuals in postcode 4129. Of these people, 4,015 made a taxable income or loss. 3,385 of the population paid a gross amount of tax. After tax offsets, 3,165 people actually paid a net amount of tax. There were 850 non-taxable people who paid net tax of $0.

Compare TaxStats of 4129 with QLD

4129 TaxStats FY2013%Ppl#Ppl4129
Total Individuals100%4,035
Salary or Wage 83%3,345$50,283$168,197,078
Gross Interest48%1,930$951$1,835,139
Unfranked Dividends6%230$267$61,398
Franked Dividends14%550$4,006$2,203,426
Dividend Franking Credit14%550$1,717$944,177
Capital Gains3%110$6,633$729,619
Termination Payouts3%110$5,263$578,890
Tips/Directors Fees etc19%765$4,041$3,091,738
Business Income9%355$20,659$7,334,012
Foreign Income3%125$550$68,770
Government payments7%280$5,019$1,405,268
Government pensions5%190$7,921$1,505,076
Total Income or Loss100%4,015$50,665$203,419,681
Charitable Gifts33%1,325$266$352,672
Cost of Tax Affairs50%2,030$274$557,007
Work Car expenses30%1,210$2,911$3,521,868
Work Travel expenses14%550$1,809$994,715
Self Education expenses3%140$1,124$157,349
Total Deductions85%3,425$2,862$9,802,407
Taxable Income100%4,015$48,184$193,459,942
Medicare Levy 75%3,040$861$2,618,303
Medicare Surcharge 2%65$1,371$89,094
Gross Tax 84%3,385$10,218$34,588,405
Net Tax 78%3,165$11,248$35,598,478
Average Tax 100%4,035 $8,822$35,598,478
Gross Tax Rate 84%3,385 21%$34,588,405
Net Tax Rate 78%3,165 23%$35,598,478
Average Tax Rate 100%4,035 18%$35,598,478
%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 $48,184. It is estimated that the average taxable income for people who paid a net amount of tax was $57902.

The average net tax paid was $11,248. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 3,040 people for an average of $861. 65 people paid $1,371 on average more for the Medicare surcharge.

3,345 people earned a salary or wage and took home an average of $50,283 each.

Government allowance and payments were collected by 280 people for on average $5,019. 190 people received the pension or other allowance.

Charitable gifts and donations of an average of $266 were made by 1,325 people.

The costs of tax affairs for 2,030 people were claimed for $274 each.