TaxStats for postcode 4059 FY2013
Postcode 4059 includes Kelvin Grove, Kelvin Grove Bc, Kelvin Grove Dc, Red Hill, Red Hill in Queensland, and is in the federal electorate of Brisbane.
In FY 2013 the ATO recorded 7,075 individuals in postcode 4059. Of these people, 7,035 made a taxable income or loss. 5,815 of the population paid a gross amount of tax. After tax offsets, 5,500 people actually paid a net amount of tax. There were 1,535 non-taxable people who paid net tax of $0.
Compare TaxStats of 4059 with QLD
| 4059 TaxStats FY2013 | %Ppl | #Ppl | 4059 Avg | 4059 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 7,075 | ||
| Income | ||||
| Salary or Wage | 85% | 6,045 | $63,457 | $383,598,656 |
| Gross Interest | 60% | 4,280 | $1,361 | $5,824,127 |
| Unfranked Dividends | 9% | 655 | $594 | $388,842 |
| Franked Dividends | 21% | 1,455 | $5,923 | $8,617,852 |
| Dividend Franking Credit | 20% | 1,445 | $2,547 | $3,680,581 |
| Capital Gains | 4% | 310 | $16,566 | $5,135,358 |
| Termination Payouts | 3% | 195 | $25,880 | $5,046,511 |
| Tips/Directors Fees etc | 16% | 1,130 | $6,012 | $6,793,344 |
| Business Income | 10% | 720 | $38,226 | $27,522,894 |
| Foreign Income | 7% | 480 | $1,369 | $657,020 |
| Government payments | 10% | 690 | $6,038 | $4,166,518 |
| Government pensions | 2% | 165 | $10,144 | $1,673,739 |
| Total Income or Loss | 100% | 7,050 | $69,792 | $492,036,118 |
| Deducations | ||||
| Charitable Gifts | 35% | 2,510 | $445 | $1,117,929 |
| Cost of Tax Affairs | 41% | 2,930 | $438 | $1,284,342 |
| Work Car expenses | 22% | 1,535 | $2,785 | $4,274,971 |
| Work Travel expenses | 13% | 955 | $1,417 | $1,353,412 |
| Self Education expenses | 7% | 460 | $2,223 | $1,022,429 |
| Total Deductions | 82% | 5,775 | $3,515 | $20,297,984 |
| Taxation | ||||
| Taxable Income | 99% | 7,035 | $66,978 | $471,188,974 |
| Medicare Levy | 73% | 5,195 | $1,249 | $6,488,002 |
| Medicare Surcharge | 2% | 115 | $1,277 | $146,801 |
| Gross Tax | 82% | 5,815 | $19,443 | $113,059,739 |
| Net Tax | 78% | 5,500 | $21,204 | $116,621,308 |
| Average Tax | 100% | 7,075 | $16,484 | $116,621,308 |
| Gross Tax Rate | 82% | 5,815 | 29% | $113,059,739 |
| Net Tax Rate | 78% | 5,500 | 32% | $116,621,308 |
| Average Tax Rate | 100% | 7,075 | 25% | $116,621,308 |
| %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 $66,978. It is estimated that the average taxable income for people who paid a net amount of tax was $82322.
The average net tax paid was $21,204. This equates to an average tax of 32 cents in the dollar on taxable income.
The Medicare levy was paid by 5,195 people for an average of $1,249. 115 people paid $1,277 on average more for the Medicare surcharge.
6,045 people earned a salary or wage and took home an average of $63,457 each.
Government allowance and payments were collected by 690 people for on average $6,038. 165 people received the pension or other allowance.
Charitable gifts and donations of an average of $445 were made by 2,510 people.
The costs of tax affairs for 2,930 people were claimed for $438 each.