TaxStats for postcode 4205 FY2013

Postcode 4205 includes Bethania, Bethania in Queensland, and is in the federal electorate of Forde.

In FY 2013 the ATO recorded 2,225 individuals in postcode 4205. Of these people, 2,215 made a taxable income or loss. 1,860 of the population paid a gross amount of tax. After tax offsets, 1,655 people actually paid a net amount of tax. There were 560 non-taxable people who paid net tax of $0.

Compare TaxStats of 4205 with QLD

4205 TaxStats FY2013%Ppl#Ppl4205
Total Individuals100%2,225
Salary or Wage 83%1,840$46,545$85,642,008
Gross Interest45%1,010$1,461$1,475,665
Unfranked Dividends5%105$363$38,107
Franked Dividends12%260$3,267$849,380
Dividend Franking Credit11%255$1,427$363,842
Capital Gains2%50$6,895$344,770
Termination Payouts3%70$5,772$404,067
Tips/Directors Fees etc20%445$2,496$1,110,762
Business Income7%160$18,146$2,903,298
Foreign Income4%80$596$47,703
Government payments10%230$5,301$1,219,177
Government pensions10%225$9,898$2,227,144
Total Income or Loss100%2,220$45,942$101,992,328
Charitable Gifts33%725$251$181,807
Cost of Tax Affairs49%1,100$223$245,528
Work Car expenses28%630$2,622$1,651,990
Work Travel expenses11%250$1,887$471,693
Self Education expenses4%85$1,044$88,769
Total Deductions85%1,885$2,397$4,517,597
Taxable Income100%2,215$43,986$97,427,997
Medicare Levy 71%1,570$804$1,262,078
Medicare Surcharge 1%30$1,250$37,489
Gross Tax 84%1,860$8,576$15,951,268
Net Tax 74%1,655$9,640$15,954,065
Average Tax 100%2,225 $7,170$15,954,065
Gross Tax Rate 84%1,860 19%$15,951,268
Net Tax Rate 74%1,655 22%$15,954,065
Average Tax Rate 100%2,225 16%$15,954,065
%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 $43,986. It is estimated that the average taxable income for people who paid a net amount of tax was $54808.

The average net tax paid was $9,640. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 1,570 people for an average of $804. 30 people paid $1,250 on average more for the Medicare surcharge.

1,840 people earned a salary or wage and took home an average of $46,545 each.

Government allowance and payments were collected by 230 people for on average $5,301. 225 people received the pension or other allowance.

Charitable gifts and donations of an average of $251 were made by 725 people.

The costs of tax affairs for 1,100 people were claimed for $223 each.