TaxStats for postcode 4014 FY2013

Postcode 4014 includes Banyo, Nudgee, Nudgee Beach, Virginia, Virginia Bc, Virginia Dc in Queensland, and is in the federal electorate of Lilley.

In FY 2013 the ATO recorded 6,870 individuals in postcode 4014. Of these people, 6,835 made a taxable income or loss. 5,765 of the population paid a gross amount of tax. After tax offsets, 5,405 people actually paid a net amount of tax. There were 1,430 non-taxable people who paid net tax of $0.

Compare TaxStats of 4014 with QLD

4014 TaxStats FY2013%Ppl#Ppl4014
Total Individuals100%6,870
Salary or Wage 85%5,810$56,347$327,376,143
Gross Interest55%3,790$1,408$5,337,871
Unfranked Dividends8%570$725$413,132
Franked Dividends19%1,305$4,743$6,189,879
Dividend Franking Credit19%1,295$2,047$2,650,718
Capital Gains3%225$9,719$2,186,694
Termination Payouts3%225$13,777$3,099,715
Tips/Directors Fees etc18%1,265$3,348$4,235,266
Business Income7%500$17,277$8,638,562
Foreign Income6%380$537$204,162
Government payments6%380$5,257$1,997,743
Government pensions4%295$9,406$2,774,890
Total Income or Loss100%6,850$56,513$387,111,412
Charitable Gifts40%2,720$309$841,350
Cost of Tax Affairs50%3,445$264$908,928
Work Car expenses25%1,690$2,308$3,901,109
Work Travel expenses12%810$1,552$1,257,011
Self Education expenses4%295$2,184$644,359
Total Deductions86%5,885$2,501$14,721,076
Taxable Income99%6,835$54,410$371,893,307
Medicare Levy 75%5,175$983$5,089,169
Medicare Surcharge 2%115$1,199$137,919
Gross Tax 84%5,765$12,861$74,141,455
Net Tax 79%5,405$14,085$76,129,113
Average Tax 100%6,870 $11,081$76,129,113
Gross Tax Rate 84%5,765 24%$74,141,455
Net Tax Rate 79%5,405 26%$76,129,113
Average Tax Rate 100%6,870 20%$76,129,113
%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 $54,410. It is estimated that the average taxable income for people who paid a net amount of tax was $65631.

The average net tax paid was $14,085. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 5,175 people for an average of $983. 115 people paid $1,199 on average more for the Medicare surcharge.

5,810 people earned a salary or wage and took home an average of $56,347 each.

Government allowance and payments were collected by 380 people for on average $5,257. 295 people received the pension or other allowance.

Charitable gifts and donations of an average of $309 were made by 2,720 people.

The costs of tax affairs for 3,445 people were claimed for $264 each.