TaxStats for postcode 4036 FY2013

Postcode 4036 includes Bald Hills, Bald Hills in Queensland, and is in the federal electorate of Petrie.

In FY 2013 the ATO recorded 3,900 individuals in postcode 4036. Of these people, 3,885 made a taxable income or loss. 3,280 of the population paid a gross amount of tax. After tax offsets, 3,040 people actually paid a net amount of tax. There were 845 non-taxable people who paid net tax of $0.

Compare TaxStats of 4036 with QLD

4036 TaxStats FY2013%Ppl#Ppl4036
Total Individuals100%3,900
Salary or Wage 85%3,325$50,448$167,739,797
Gross Interest53%2,060$1,160$2,390,178
Unfranked Dividends7%260$148$38,527
Franked Dividends16%640$1,814$1,160,962
Dividend Franking Credit16%640$777$497,471
Capital Gains3%100$6,427$642,651
Termination Payouts3%100$6,484$648,364
Tips/Directors Fees etc19%755$2,908$2,195,437
Business Income7%270$20,773$5,608,733
Foreign Income3%130$1,348$175,179
Government payments7%285$4,731$1,348,472
Government pensions5%210$9,678$2,032,476
Total Income or Loss100%3,885$50,048$194,436,472
Charitable Gifts41%1,585$237$375,833
Cost of Tax Affairs47%1,835$232$426,267
Work Car expenses26%995$2,417$2,404,946
Work Travel expenses11%420$1,277$536,235
Self Education expenses4%160$1,531$245,012
Total Deductions86%3,340$2,205$7,364,888
Taxable Income100%3,885$48,112$186,916,480
Medicare Levy 75%2,920$869$2,537,704
Medicare Surcharge 1%55$1,062$58,428
Gross Tax 84%3,280$10,209$33,485,543
Net Tax 78%3,040$11,298$34,346,598
Average Tax 100%3,900 $8,807$34,346,598
Gross Tax Rate 84%3,280 21%$33,485,543
Net Tax Rate 78%3,040 23%$34,346,598
Average Tax Rate 100%3,900 18%$34,346,598
%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 $48,112. It is estimated that the average taxable income for people who paid a net amount of tax was $58150.

The average net tax paid was $11,298. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 2,920 people for an average of $869. 55 people paid $1,062 on average more for the Medicare surcharge.

3,325 people earned a salary or wage and took home an average of $50,448 each.

Government allowance and payments were collected by 285 people for on average $4,731. 210 people received the pension or other allowance.

Charitable gifts and donations of an average of $237 were made by 1,585 people.

The costs of tax affairs for 1,835 people were claimed for $232 each.