TaxStats for postcode 4131 FY2013

Postcode 4131 includes Loganlea, Meadowbrook in Queensland, and is in the federal electorate of Forde.

In FY 2013 the ATO recorded 4,670 individuals in postcode 4131. Of these people, 4,655 made a taxable income or loss. 3,835 of the population paid a gross amount of tax. After tax offsets, 3,530 people actually paid a net amount of tax. There were 1,125 non-taxable people who paid net tax of $0.

Compare TaxStats of 4131 with QLD

4131 TaxStats FY2013%Ppl#Ppl4131
Total Individuals100%4,670
Salary or Wage 88%4,115$44,934$184,904,602
Gross Interest40%1,885$732$1,379,525
Unfranked Dividends3%150$120$18,009
Franked Dividends9%410$5,915$2,425,202
Dividend Franking Credit9%405$2,566$1,039,239
Capital Gains2%75$8,233$617,438
Termination Payouts3%150$4,340$650,977
Tips/Directors Fees etc19%895$2,163$1,935,776
Business Income7%350$16,785$5,874,922
Foreign Income2%90$2,292$206,323
Government payments11%535$5,125$2,741,830
Government pensions6%265$9,741$2,581,370
Total Income or Loss100%4,655$45,578$212,166,474
Charitable Gifts31%1,465$288$422,076
Cost of Tax Affairs49%2,305$205$472,596
Work Car expenses28%1,290$2,640$3,405,969
Work Travel expenses12%570$1,761$1,003,520
Self Education expenses5%215$1,556$334,505
Total Deductions85%3,960$2,431$9,627,290
Taxable Income100%4,655$43,500$202,492,673
Medicare Levy 71%3,315$793$2,628,158
Medicare Surcharge 1%60$1,104$66,234
Gross Tax 82%3,835$8,651$33,176,595
Net Tax 76%3,530$9,600$33,889,111
Average Tax 100%4,670 $7,257$33,889,111
Gross Tax Rate 82%3,835 20%$33,176,595
Net Tax Rate 76%3,530 22%$33,889,111
Average Tax Rate 100%4,670 17%$33,889,111
%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 $43,500. It is estimated that the average taxable income for people who paid a net amount of tax was $53539.

The average net tax paid was $9,600. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 3,315 people for an average of $793. 60 people paid $1,104 on average more for the Medicare surcharge.

4,115 people earned a salary or wage and took home an average of $44,934 each.

Government allowance and payments were collected by 535 people for on average $5,125. 265 people received the pension or other allowance.

Charitable gifts and donations of an average of $288 were made by 1,465 people.

The costs of tax affairs for 2,305 people were claimed for $205 each.