TaxStats for postcode 4030 FY2013
Postcode 4030 includes Lutwyche, Windsor, Wooloowin in Queensland, and is in the federal electorate of Brisbane.
In FY 2013 the ATO recorded 9,615 individuals in postcode 4030. Of these people, 9,555 made a taxable income or loss. 8,105 of the population paid a gross amount of tax. After tax offsets, 7,685 people actually paid a net amount of tax. There were 1,870 non-taxable people who paid net tax of $0.
Compare TaxStats of 4030 with QLD
| 4030 TaxStats FY2013 | %Ppl | #Ppl | 4030 Avg | 4030 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 9,615 | ||
| Income | ||||
| Salary or Wage | 85% | 8,170 | $64,781 | $529,257,483 |
| Gross Interest | 61% | 5,850 | $1,543 | $9,026,095 |
| Unfranked Dividends | 9% | 900 | $591 | $531,552 |
| Franked Dividends | 22% | 2,125 | $5,075 | $10,783,910 |
| Dividend Franking Credit | 22% | 2,120 | $2,179 | $4,618,988 |
| Capital Gains | 5% | 445 | $14,786 | $6,579,570 |
| Termination Payouts | 3% | 305 | $14,928 | $4,553,023 |
| Tips/Directors Fees etc | 17% | 1,600 | $4,337 | $6,939,381 |
| Business Income | 8% | 795 | $27,979 | $22,242,934 |
| Foreign Income | 7% | 680 | $1,086 | $738,646 |
| Government payments | 7% | 640 | $5,503 | $3,521,645 |
| Government pensions | 3% | 270 | $9,725 | $2,625,661 |
| Total Income or Loss | 100% | 9,585 | $68,903 | $660,438,844 |
| Deducations | ||||
| Charitable Gifts | 38% | 3,650 | $417 | $1,521,955 |
| Cost of Tax Affairs | 45% | 4,285 | $414 | $1,776,035 |
| Work Car expenses | 23% | 2,210 | $2,670 | $5,900,572 |
| Work Travel expenses | 13% | 1,230 | $1,542 | $1,897,238 |
| Self Education expenses | 5% | 510 | $2,107 | $1,074,725 |
| Total Deductions | 83% | 7,985 | $3,239 | $25,859,627 |
| Taxation | ||||
| Taxable Income | 99% | 9,555 | $66,279 | $633,298,646 |
| Medicare Levy | 76% | 7,345 | $1,208 | $8,871,759 |
| Medicare Surcharge | 2% | 170 | $1,071 | $182,085 |
| Gross Tax | 84% | 8,105 | $18,300 | $148,318,429 |
| Net Tax | 80% | 7,685 | $19,917 | $153,062,011 |
| Average Tax | 100% | 9,615 | $15,919 | $153,062,011 |
| Gross Tax Rate | 84% | 8,105 | 28% | $148,318,429 |
| Net Tax Rate | 80% | 7,685 | 30% | $153,062,011 |
| Average Tax Rate | 100% | 9,615 | 24% | $153,062,011 |
| %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 $66,279. It is estimated that the average taxable income for people who paid a net amount of tax was $79487.
The average net tax paid was $19,917. This equates to an average tax of 30 cents in the dollar on taxable income.
The Medicare levy was paid by 7,345 people for an average of $1,208. 170 people paid $1,071 on average more for the Medicare surcharge.
8,170 people earned a salary or wage and took home an average of $64,781 each.
Government allowance and payments were collected by 640 people for on average $5,503. 270 people received the pension or other allowance.
Charitable gifts and donations of an average of $417 were made by 3,650 people.
The costs of tax affairs for 4,285 people were claimed for $414 each.