TaxStats for postcode 4073 FY2013

Postcode 4073 includes Seventeen Mile Rocks, Seventeen Mile Rocks, Sinnamon Park, Sinnamon Park in Queensland, and is in the federal electorate of Oxley.

In FY 2013 the ATO recorded 5,500 individuals in postcode 4073. Of these people, 5,460 made a taxable income or loss. 4,560 of the population paid a gross amount of tax. After tax offsets, 4,280 people actually paid a net amount of tax. There were 1,180 non-taxable people who paid net tax of $0.

Compare TaxStats of 4073 with QLD

4073 TaxStats FY2013%Ppl#Ppl4073
Total Individuals100%5,500
Salary or Wage 81%4,465$69,310$309,468,116
Gross Interest64%3,525$1,924$6,783,488
Unfranked Dividends11%600$612$366,950
Franked Dividends26%1,455$5,721$8,324,166
Dividend Franking Credit26%1,450$2,460$3,567,421
Capital Gains6%320$20,082$6,426,126
Termination Payouts3%140$15,403$2,156,470
Tips/Directors Fees etc17%925$7,299$6,751,556
Business Income7%405$21,433$8,680,515
Foreign Income9%505$1,660$838,178
Government payments4%205$5,140$1,053,703
Government pensions4%195$8,359$1,630,045
Total Income or Loss99%5,470$70,785$387,193,056
Charitable Gifts39%2,145$383$822,345
Cost of Tax Affairs45%2,475$465$1,151,225
Work Car expenses26%1,440$2,601$3,744,885
Work Travel expenses11%595$1,042$619,960
Self Education expenses4%225$2,052$461,609
Total Deductions83%4,550$3,170$14,422,576
Taxable Income99%5,460$68,120$371,932,822
Medicare Levy 75%4,110$1,249$5,132,821
Medicare Surcharge 1%65$1,438$93,458
Gross Tax 83%4,560$19,444$88,666,461
Net Tax 78%4,280$21,231$90,867,278
Average Tax 100%5,500 $16,521$90,867,278
Gross Tax Rate 83%4,560 29%$88,666,461
Net Tax Rate 78%4,280 31%$90,867,278
Average Tax Rate 100%5,500 24%$90,867,278
%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 $68,120. It is estimated that the average taxable income for people who paid a net amount of tax was $83592.

The average net tax paid was $21,231. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 4,110 people for an average of $1,249. 65 people paid $1,438 on average more for the Medicare surcharge.

4,465 people earned a salary or wage and took home an average of $69,310 each.

Government allowance and payments were collected by 205 people for on average $5,140. 195 people received the pension or other allowance.

Charitable gifts and donations of an average of $383 were made by 2,145 people.

The costs of tax affairs for 2,475 people were claimed for $465 each.