TaxStats for postcode 4113 FY2013

Postcode 4113 includes Eight Mile Plains, Runcorn in Queensland, and is in the federal electorate of Bonner.

In FY 2013 the ATO recorded 17,775 individuals in postcode 4113. Of these people, 17,625 made a taxable income or loss. 13,575 of the population paid a gross amount of tax. After tax offsets, 12,495 people actually paid a net amount of tax. There were 5,130 non-taxable people who paid net tax of $0.

Compare TaxStats of 4113 with QLD

4113 TaxStats FY2013%Ppl#Ppl4113
Total Individuals100%17,775
Salary or Wage 80%14,230$49,055$698,049,102
Gross Interest56%10,040$1,793$18,004,042
Unfranked Dividends8%1,350$557$751,541
Franked Dividends17%3,095$5,032$15,574,895
Dividend Franking Credit17%3,090$2,160$6,673,141
Capital Gains3%590$6,994$4,126,274
Termination Payouts2%395$9,874$3,900,102
Tips/Directors Fees etc14%2,575$3,735$9,617,416
Business Income8%1,470$18,797$27,631,400
Foreign Income5%895$1,906$1,705,465
Government payments6%1,065$5,404$5,755,086
Government pensions4%655$9,518$6,234,155
Total Income or Loss99%17,685$48,347$855,019,600
Charitable Gifts29%5,185$460$2,386,630
Cost of Tax Affairs39%6,885$266$1,832,563
Work Car expenses21%3,665$2,424$8,884,487
Work Travel expenses9%1,520$1,264$1,920,846
Self Education expenses5%820$2,214$1,815,589
Total Deductions75%13,345$2,495$33,289,716
Taxable Income99%17,625$46,472$819,070,199
Medicare Levy 64%11,430$932$10,651,781
Medicare Surcharge 2%270$1,515$409,176
Gross Tax 76%13,575$11,348$154,042,342
Net Tax 70%12,495$12,650$158,064,849
Average Tax 100%17,775 $8,893$158,064,849
Gross Tax Rate 76%13,575 24%$154,042,342
Net Tax Rate 70%12,495 27%$158,064,849
Average Tax Rate 100%17,775 19%$158,064,849
%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 $46,472. It is estimated that the average taxable income for people who paid a net amount of tax was $60625.

The average net tax paid was $12,650. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 11,430 people for an average of $932. 270 people paid $1,515 on average more for the Medicare surcharge.

14,230 people earned a salary or wage and took home an average of $49,055 each.

Government allowance and payments were collected by 1,065 people for on average $5,404. 655 people received the pension or other allowance.

Charitable gifts and donations of an average of $460 were made by 5,185 people.

The costs of tax affairs for 6,885 people were claimed for $266 each.