TaxStats for postcode 4114 FY2013
Postcode 4114 includes Kingston, Logan Central, Logan City Bc, Logan City Dc, Woodridge in Queensland, and is in the federal electorate of Rankin.
In FY 2013 the ATO recorded 11,695 individuals in postcode 4114. Of these people, 11,650 made a taxable income or loss. 9,505 of the population paid a gross amount of tax. After tax offsets, 8,620 people actually paid a net amount of tax. There were 3,030 non-taxable people who paid net tax of $0.
Compare TaxStats of 4114 with QLD
| 4114 TaxStats FY2013 | %Ppl | #Ppl | 4114 Avg | 4114 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 11,695 | ||
| Income | ||||
| Salary or Wage | 87% | 10,230 | $40,706 | $416,419,329 |
| Gross Interest | 34% | 3,955 | $782 | $3,093,398 |
| Unfranked Dividends | 3% | 335 | $232 | $77,624 |
| Franked Dividends | 7% | 785 | $1,202 | $943,223 |
| Dividend Franking Credit | 7% | 785 | $514 | $403,463 |
| Capital Gains | 1% | 135 | $3,917 | $528,826 |
| Termination Payouts | 3% | 320 | $4,512 | $1,443,882 |
| Tips/Directors Fees etc | 19% | 2,255 | $1,905 | $4,296,370 |
| Business Income | 7% | 835 | $16,175 | $13,506,286 |
| Foreign Income | 1% | 170 | $555 | $94,330 |
| Government payments | 16% | 1,880 | $5,917 | $11,123,637 |
| Government pensions | 6% | 760 | $9,779 | $7,431,973 |
| Total Income or Loss | 100% | 11,655 | $40,877 | $476,424,186 |
| Deducations | ||||
| Charitable Gifts | 30% | 3,520 | $336 | $1,180,996 |
| Cost of Tax Affairs | 49% | 5,720 | $202 | $1,157,424 |
| Work Car expenses | 22% | 2,570 | $2,461 | $6,325,332 |
| Work Travel expenses | 9% | 995 | $1,632 | $1,624,182 |
| Self Education expenses | 4% | 410 | $1,661 | $680,948 |
| Total Deductions | 83% | 9,680 | $1,959 | $18,958,746 |
| Taxation | ||||
| Taxable Income | 100% | 11,650 | $39,245 | $457,204,198 |
| Medicare Levy | 67% | 7,830 | $719 | $5,627,430 |
| Medicare Surcharge | 1% | 105 | $1,223 | $128,428 |
| Gross Tax | 81% | 9,505 | $7,014 | $66,667,372 |
| Net Tax | 74% | 8,620 | $7,772 | $66,990,786 |
| Average Tax | 100% | 11,695 | $5,728 | $66,990,786 |
| Gross Tax Rate | 81% | 9,505 | 18% | $66,667,372 |
| Net Tax Rate | 74% | 8,620 | 20% | $66,990,786 |
| Average Tax Rate | 100% | 11,695 | 15% | $66,990,786 |
| %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 $39,245. It is estimated that the average taxable income for people who paid a net amount of tax was $48822.
The average net tax paid was $7,772. This equates to an average tax of 20 cents in the dollar on taxable income.
The Medicare levy was paid by 7,830 people for an average of $719. 105 people paid $1,223 on average more for the Medicare surcharge.
10,230 people earned a salary or wage and took home an average of $40,706 each.
Government allowance and payments were collected by 1,880 people for on average $5,917. 760 people received the pension or other allowance.
Charitable gifts and donations of an average of $336 were made by 3,520 people.
The costs of tax affairs for 5,720 people were claimed for $202 each.