TaxStats for postcode 4116 FY2013

Postcode 4116 includes Calamvale, Drewvale, Stretton in Queensland, and is in the federal electorate of Rankin.

In FY 2013 the ATO recorded 14,500 individuals in postcode 4116. Of these people, 14,380 made a taxable income or loss. 11,330 of the population paid a gross amount of tax. After tax offsets, 10,520 people actually paid a net amount of tax. There were 3,860 non-taxable people who paid net tax of $0.

Compare TaxStats of 4116 with QLD

4116 TaxStats FY2013%Ppl#Ppl4116
Total Individuals100%14,500
Salary or Wage 81%11,730$51,122$599,655,484
Gross Interest56%8,185$1,568$12,834,068
Unfranked Dividends7%950$411$390,613
Franked Dividends16%2,325$4,888$11,363,610
Dividend Franking Credit16%2,310$2,106$4,865,761
Capital Gains3%455$9,175$4,174,569
Termination Payouts2%320$8,745$2,798,523
Tips/Directors Fees etc16%2,255$4,040$9,110,355
Business Income8%1,090$20,403$22,239,710
Foreign Income4%625$1,559$974,318
Government payments5%770$5,040$3,880,877
Government pensions3%440$9,283$4,084,410
Total Income or Loss99%14,405$50,380$725,719,263
Charitable Gifts29%4,210$349$1,469,522
Cost of Tax Affairs41%5,980$273$1,630,667
Work Car expenses24%3,545$2,567$9,100,881
Work Travel expenses11%1,550$1,356$2,101,732
Self Education expenses5%740$2,204$1,631,074
Total Deductions78%11,305$2,752$31,110,503
Taxable Income99%14,380$48,242$693,720,856
Medicare Levy 69%9,980$935$9,331,178
Medicare Surcharge 1%170$1,047$178,049
Gross Tax 78%11,330$11,666$132,172,948
Net Tax 73%10,520$12,967$136,409,081
Average Tax 100%14,500 $9,408$136,409,081
Gross Tax Rate 78%11,330 24%$132,172,948
Net Tax Rate 73%10,520 27%$136,409,081
Average Tax Rate 100%14,500 20%$136,409,081
%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 $48,242. It is estimated that the average taxable income for people who paid a net amount of tax was $61540.

The average net tax paid was $12,967. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 9,980 people for an average of $935. 170 people paid $1,047 on average more for the Medicare surcharge.

11,730 people earned a salary or wage and took home an average of $51,122 each.

Government allowance and payments were collected by 770 people for on average $5,040. 440 people received the pension or other allowance.

Charitable gifts and donations of an average of $349 were made by 4,210 people.

The costs of tax affairs for 5,980 people were claimed for $273 each.