TaxStats for postcode 4118 FY2013

Postcode 4118 includes Browns Plains, Browns Plains Bc, Forestdale, Heritage Park, Hillcrest, Regents Park in Queensland, and is in the federal electorate of Rankin.

In FY 2013 the ATO recorded 16,850 individuals in postcode 4118. Of these people, 16,770 made a taxable income or loss. 14,255 of the population paid a gross amount of tax. After tax offsets, 13,335 people actually paid a net amount of tax. There were 3,435 non-taxable people who paid net tax of $0.

Compare TaxStats of 4118 with QLD

4118 TaxStats FY2013%Ppl#Ppl4118
Total Individuals100%16,850
Salary or Wage 88%14,745$49,419$728,685,200
Gross Interest44%7,430$995$7,393,603
Unfranked Dividends4%705$288$202,723
Franked Dividends11%1,875$4,403$8,255,281
Dividend Franking Credit11%1,865$1,896$3,536,024
Capital Gains2%350$8,272$2,895,226
Termination Payouts3%480$5,078$2,437,326
Tips/Directors Fees etc21%3,460$2,956$10,228,427
Business Income7%1,130$19,987$22,584,863
Foreign Income2%410$645$264,640
Government payments7%1,245$5,021$6,250,976
Government pensions4%710$9,246$6,564,883
Total Income or Loss100%16,795$49,761$835,738,189
Charitable Gifts33%5,630$283$1,592,659
Cost of Tax Affairs50%8,445$224$1,892,380
Work Car expenses30%4,980$2,682$13,356,118
Work Travel expenses12%2,070$1,764$3,651,287
Self Education expenses4%690$1,298$895,697
Total Deductions86%14,445$2,571$37,144,639
Taxable Income100%16,770$47,569$797,731,070
Medicare Levy 76%12,800$847$10,839,684
Medicare Surcharge 1%215$1,143$245,841
Gross Tax 85%14,255$9,821$139,994,754
Net Tax 79%13,335$10,835$144,482,836
Average Tax 100%16,850 $8,575$144,482,836
Gross Tax Rate 85%14,255 21%$139,994,754
Net Tax Rate 79%13,335 23%$144,482,836
Average Tax Rate 100%16,850 18%$144,482,836
%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 $47,569. It is estimated that the average taxable income for people who paid a net amount of tax was $56731.

The average net tax paid was $10,835. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 12,800 people for an average of $847. 215 people paid $1,143 on average more for the Medicare surcharge.

14,745 people earned a salary or wage and took home an average of $49,419 each.

Government allowance and payments were collected by 1,245 people for on average $5,021. 710 people received the pension or other allowance.

Charitable gifts and donations of an average of $283 were made by 5,630 people.

The costs of tax affairs for 8,445 people were claimed for $224 each.