TaxStats for postcode 4020 FY2013

Postcode 4020 includes Newport, Redcliffe, Redcliffe North, Scarborough in Queensland, and is in the federal electorate of Petrie.

In FY 2013 the ATO recorded 12,145 individuals in postcode 4020. Of these people, 12,085 made a taxable income or loss. 9,795 of the population paid a gross amount of tax. After tax offsets, 8,825 people actually paid a net amount of tax. There were 3,260 non-taxable people who paid net tax of $0.

Compare TaxStats of 4020 with QLD

4020 TaxStats FY2013%Ppl#Ppl4020
Total Individuals100%12,145
Salary or Wage 77%9,310$53,965$502,415,736
Gross Interest56%6,805$2,220$15,108,756
Unfranked Dividends9%1,120$1,123$1,257,601
Franked Dividends21%2,590$7,517$19,469,266
Dividend Franking Credit21%2,585$3,228$8,343,155
Capital Gains4%530$16,495$8,742,455
Termination Payouts3%350$7,496$2,623,691
Tips/Directors Fees etc18%2,220$4,402$9,772,606
Business Income8%960$15,253$14,642,619
Foreign Income6%710$1,414$1,004,230
Government payments8%925$5,347$4,945,781
Government pensions7%900$9,470$8,522,929
Total Income or Loss100%12,110$54,460$659,506,261
Charitable Gifts36%4,430$396$1,752,987
Cost of Tax Affairs50%6,045$329$1,990,199
Work Car expenses25%3,035$2,729$8,281,245
Work Travel expenses10%1,200$2,002$2,402,684
Self Education expenses3%425$1,599$679,523
Total Deductions82%9,965$3,026$30,152,397
Taxable Income100%12,085$51,904$627,256,289
Medicare Levy 70%8,445$997$8,417,135
Medicare Surcharge 2%195$1,319$257,221
Gross Tax 81%9,795$13,044$127,764,814
Net Tax 73%8,825$14,585$128,710,983
Average Tax 100%12,145 $10,598$128,710,983
Gross Tax Rate 81%9,795 25%$127,764,814
Net Tax Rate 73%8,825 28%$128,710,983
Average Tax Rate 100%12,145 20%$128,710,983
%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 $51,904. It is estimated that the average taxable income for people who paid a net amount of tax was $66644.

The average net tax paid was $14,585. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 8,445 people for an average of $997. 195 people paid $1,319 on average more for the Medicare surcharge.

9,310 people earned a salary or wage and took home an average of $53,965 each.

Government allowance and payments were collected by 925 people for on average $5,347. 900 people received the pension or other allowance.

Charitable gifts and donations of an average of $396 were made by 4,430 people.

The costs of tax affairs for 6,045 people were claimed for $329 each.