TaxStats for postcode 4025 FY2013

Postcode 4025 includes Bulwer, Cape Moreton, Cowan Cowan, Kooringal, Tangalooma in Queensland, and is in the federal electorate of Bonner.

In FY 2013 the ATO recorded 105 individuals in postcode 4025. Of these people, 105 made a taxable income or loss. 75 of the population paid a gross amount of tax. After tax offsets, 65 people actually paid a net amount of tax. There were 40 non-taxable people who paid net tax of $0.

Compare TaxStats of 4025 with QLD

4025 TaxStats FY2013%Ppl#Ppl4025
Total Individuals100%105
Salary or Wage 76%80$38,964$3,117,149
Gross Interest48%50$1,021$51,061
Unfranked Dividends5%5$91$454
Franked Dividends14%15$2,510$37,644
Dividend Franking Credit14%15$1,075$16,130
Capital Gains5%5$3,914$19,569
Termination Payouts5%5$503$2,514
Tips/Directors Fees etc14%15$4,225$63,380
Business Income14%15$-4,676$-70,133
Foreign Income5%5$288$1,440
Government payments5%5$2,704$13,518
Government pensions5%5$11,745$58,724
Total Income or Loss100%105$36,183$3,799,217
Charitable Gifts19%20$464$9,277
Cost of Tax Affairs29%30$597$17,919
Work Car expenses10%10$994$9,944
Work Travel expenses10%10$1,374$13,735
Self Education expenses5%5$897$4,486
Total Deductions76%80$1,882$150,555
Taxable Income100%105$34,645$3,637,723
Medicare Levy 57%60$814$48,829
Medicare Surcharge %0$$0
Gross Tax 71%75$8,308$623,135
Net Tax 62%65$8,088$525,749
Average Tax 100%105 $5,007$525,749
Gross Tax Rate 71%75 24%$623,135
Net Tax Rate 62%65 23%$525,749
Average Tax Rate 100%105 14%$525,749
%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 $34,645. It is estimated that the average taxable income for people who paid a net amount of tax was $48580.

The average net tax paid was $8,088. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 60 people for an average of $814.

80 people earned a salary or wage and took home an average of $38,964 each.

Government allowance and payments were collected by 5 people for on average $2,704. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $464 were made by 20 people.

The costs of tax affairs for 30 people were claimed for $597 each.