TaxStats for postcode 4115 FY2013
Postcode 4115 includes Algester, Parkinson in Queensland, and is in the federal electorate of Rankin.
In FY 2013 the ATO recorded 11,145 individuals in postcode 4115. Of these people, 11,090 made a taxable income or loss. 9,215 of the population paid a gross amount of tax. After tax offsets, 8,650 people actually paid a net amount of tax. There were 2,440 non-taxable people who paid net tax of $0.
Compare TaxStats of 4115 with QLD
| 4115 TaxStats FY2013 | %Ppl | #Ppl | 4115 Avg | 4115 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 11,145 | ||
| Income | ||||
| Salary or Wage | 85% | 9,455 | $53,514 | $505,976,487 |
| Gross Interest | 53% | 5,905 | $1,350 | $7,969,198 |
| Unfranked Dividends | 7% | 805 | $562 | $452,259 |
| Franked Dividends | 17% | 1,895 | $4,942 | $9,365,127 |
| Dividend Franking Credit | 17% | 1,890 | $2,122 | $4,010,475 |
| Capital Gains | 3% | 350 | $8,018 | $2,806,455 |
| Termination Payouts | 3% | 300 | $8,496 | $2,548,873 |
| Tips/Directors Fees etc | 18% | 1,960 | $3,920 | $7,683,904 |
| Business Income | 7% | 830 | $18,781 | $15,588,296 |
| Foreign Income | 5% | 545 | $618 | $336,964 |
| Government payments | 5% | 560 | $5,123 | $2,868,924 |
| Government pensions | 4% | 400 | $9,272 | $3,708,781 |
| Total Income or Loss | 100% | 11,110 | $53,358 | $592,804,484 |
| Deducations | ||||
| Charitable Gifts | 34% | 3,840 | $291 | $1,116,880 |
| Cost of Tax Affairs | 48% | 5,300 | $234 | $1,241,699 |
| Work Car expenses | 27% | 3,020 | $2,731 | $8,247,033 |
| Work Travel expenses | 11% | 1,235 | $1,437 | $1,774,602 |
| Self Education expenses | 5% | 525 | $1,732 | $909,105 |
| Total Deductions | 83% | 9,300 | $2,666 | $24,797,628 |
| Taxation | ||||
| Taxable Income | 100% | 11,090 | $51,144 | $567,188,703 |
| Medicare Levy | 75% | 8,310 | $935 | $7,768,601 |
| Medicare Surcharge | 1% | 165 | $1,059 | $174,791 |
| Gross Tax | 83% | 9,215 | $11,708 | $107,891,090 |
| Net Tax | 78% | 8,650 | $12,881 | $111,421,292 |
| Average Tax | 100% | 11,145 | $9,997 | $111,421,292 |
| Gross Tax Rate | 83% | 9,215 | 23% | $107,891,090 |
| Net Tax Rate | 78% | 8,650 | 25% | $111,421,292 |
| Average Tax Rate | 100% | 11,145 | 20% | $111,421,292 |
| %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 $51,144. It is estimated that the average taxable income for people who paid a net amount of tax was $62186.
The average net tax paid was $12,881. This equates to an average tax of 25 cents in the dollar on taxable income.
The Medicare levy was paid by 8,310 people for an average of $935. 165 people paid $1,059 on average more for the Medicare surcharge.
9,455 people earned a salary or wage and took home an average of $53,514 each.
Government allowance and payments were collected by 560 people for on average $5,123. 400 people received the pension or other allowance.
Charitable gifts and donations of an average of $291 were made by 3,840 people.
The costs of tax affairs for 5,300 people were claimed for $234 each.