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#Ppl4115
Avg
4115
Total
Total Individuals100%11,145
Income
Salary or Wage 85%9,455$53,514$505,976,487
Gross Interest53%5,905$1,350$7,969,198
Unfranked Dividends7%805$562$452,259
Franked Dividends17%1,895$4,942$9,365,127
Dividend Franking Credit17%1,890$2,122$4,010,475
Capital Gains3%350$8,018$2,806,455
Termination Payouts3%300$8,496$2,548,873
Tips/Directors Fees etc18%1,960$3,920$7,683,904
Business Income7%830$18,781$15,588,296
Foreign Income5%545$618$336,964
Government payments5%560$5,123$2,868,924
Government pensions4%400$9,272$3,708,781
Total Income or Loss100%11,110$53,358$592,804,484
Deducations
Charitable Gifts34%3,840$291$1,116,880
Cost of Tax Affairs48%5,300$234$1,241,699
Work Car expenses27%3,020$2,731$8,247,033
Work Travel expenses11%1,235$1,437$1,774,602
Self Education expenses5%525$1,732$909,105
Total Deductions83%9,300$2,666$24,797,628
Taxation
Taxable Income100%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.