TaxStats for postcode 4017 FY2013

Postcode 4017 includes Bracken Ridge, Bracken Ridge, Brighton, Brighton, Brighton Eventide, Brighton Eventide, Brighton Nathan Street, Deagon, Deagon, Sandgate, Sandgate, Sandgate Dc, Shorncliffe, Shorncliffe in Queensland, and is in the federal electorate of Petrie.

In FY 2013 the ATO recorded 20,910 individuals in postcode 4017. Of these people, 20,820 made a taxable income or loss. 17,310 of the population paid a gross amount of tax. After tax offsets, 16,075 people actually paid a net amount of tax. There were 4,745 non-taxable people who paid net tax of $0.

Compare TaxStats of 4017 with QLD

4017 TaxStats FY2013%Ppl#Ppl4017
Avg
4017
Total
Total Individuals100%20,910
Income
Salary or Wage 84%17,525$54,925$962,569,057
Gross Interest56%11,660$1,347$15,708,191
Unfranked Dividends8%1,685$385$648,098
Franked Dividends19%4,045$3,637$14,712,509
Dividend Franking Credit19%4,035$1,561$6,299,561
Capital Gains4%805$10,930$8,798,489
Termination Payouts3%685$9,761$6,686,608
Tips/Directors Fees etc18%3,860$3,342$12,898,778
Business Income8%1,570$16,863$26,474,340
Foreign Income6%1,155$1,024$1,182,731
Government payments6%1,325$5,073$6,721,163
Government pensions5%1,150$8,828$10,152,650
Total Income or Loss100%20,850$54,733$1,141,180,648
Deducations
Charitable Gifts39%8,230$311$2,561,643
Cost of Tax Affairs49%10,155$257$2,613,467
Work Car expenses24%5,120$2,490$12,748,954
Work Travel expenses10%2,145$1,558$3,342,932
Self Education expenses4%840$1,683$1,414,026
Total Deductions85%17,700$2,469$43,706,767
Taxation
Taxable Income100%20,820$52,661$1,096,393,047
Medicare Levy 74%15,470$965$14,933,519
Medicare Surcharge 2%350$1,236$432,720
Gross Tax 83%17,310$12,451$215,528,963
Net Tax 77%16,075$13,665$219,666,660
Average Tax 100%20,910 $10,505$219,666,660
Gross Tax Rate 83%17,310 24%$215,528,963
Net Tax Rate 77%16,075 26%$219,666,660
Average Tax Rate 100%20,910 20%$219,666,660
%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 $52,661. It is estimated that the average taxable income for people who paid a net amount of tax was $64663.

The average net tax paid was $13,665. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 15,470 people for an average of $965. 350 people paid $1,236 on average more for the Medicare surcharge.

17,525 people earned a salary or wage and took home an average of $54,925 each.

Government allowance and payments were collected by 1,325 people for on average $5,073. 1,150 people received the pension or other allowance.

Charitable gifts and donations of an average of $311 were made by 8,230 people.

The costs of tax affairs for 10,155 people were claimed for $257 each.