TaxStats for postcode 4055 FY2013

Postcode 4055 includes Bunya, Bunya, Ferny Grove, Ferny Grove, Ferny Hills, Ferny Hills, Ferny Hills Dc, Upper Kedron, Upper Kedron in Queensland, and is in the federal electorate of Dickson.

In FY 2013 the ATO recorded 12,170 individuals in postcode 4055. Of these people, 12,120 made a taxable income or loss. 10,010 of the population paid a gross amount of tax. After tax offsets, 9,345 people actually paid a net amount of tax. There were 2,775 non-taxable people who paid net tax of $0.

Compare TaxStats of 4055 with QLD

4055 TaxStats FY2013%Ppl#Ppl4055
Total Individuals100%12,170
Salary or Wage 83%10,115$60,229$609,218,213
Gross Interest62%7,515$1,417$10,646,846
Unfranked Dividends11%1,335$423$565,003
Franked Dividends26%3,135$3,901$12,228,407
Dividend Franking Credit26%3,120$1,679$5,237,790
Capital Gains5%555$15,140$8,402,733
Termination Payouts3%350$14,837$5,192,850
Tips/Directors Fees etc19%2,355$2,941$6,925,726
Business Income7%850$18,283$15,540,301
Foreign Income8%1,005$1,245$1,251,599
Government payments5%550$4,970$2,733,287
Government pensions5%635$8,211$5,213,866
Total Income or Loss100%12,135$60,422$733,218,154
Charitable Gifts43%5,285$382$2,021,056
Cost of Tax Affairs46%5,615$312$1,752,208
Work Car expenses24%2,925$2,373$6,939,915
Work Travel expenses9%1,110$1,237$1,373,017
Self Education expenses4%515$1,791$922,266
Total Deductions85%10,295$2,611$26,883,085
Taxable Income100%12,120$58,224$705,678,934
Medicare Levy 73%8,835$1,072$9,472,995
Medicare Surcharge 1%135$1,146$154,704
Gross Tax 82%10,010$15,103$151,182,972
Net Tax 77%9,345$16,510$154,285,861
Average Tax 100%12,170 $12,678$154,285,861
Gross Tax Rate 82%10,010 26%$151,182,972
Net Tax Rate 77%9,345 28%$154,285,861
Average Tax Rate 100%12,170 22%$154,285,861
%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 $58,224. It is estimated that the average taxable income for people who paid a net amount of tax was $71951.

The average net tax paid was $16,510. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 8,835 people for an average of $1,072. 135 people paid $1,146 on average more for the Medicare surcharge.

10,115 people earned a salary or wage and took home an average of $60,229 each.

Government allowance and payments were collected by 550 people for on average $4,970. 635 people received the pension or other allowance.

Charitable gifts and donations of an average of $382 were made by 5,285 people.

The costs of tax affairs for 5,615 people were claimed for $312 each.