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 | #Ppl | 4118 Avg | 4118 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 16,850 | ||
| Income | ||||
| Salary or Wage | 88% | 14,745 | $49,419 | $728,685,200 |
| Gross Interest | 44% | 7,430 | $995 | $7,393,603 |
| Unfranked Dividends | 4% | 705 | $288 | $202,723 |
| Franked Dividends | 11% | 1,875 | $4,403 | $8,255,281 |
| Dividend Franking Credit | 11% | 1,865 | $1,896 | $3,536,024 |
| Capital Gains | 2% | 350 | $8,272 | $2,895,226 |
| Termination Payouts | 3% | 480 | $5,078 | $2,437,326 |
| Tips/Directors Fees etc | 21% | 3,460 | $2,956 | $10,228,427 |
| Business Income | 7% | 1,130 | $19,987 | $22,584,863 |
| Foreign Income | 2% | 410 | $645 | $264,640 |
| Government payments | 7% | 1,245 | $5,021 | $6,250,976 |
| Government pensions | 4% | 710 | $9,246 | $6,564,883 |
| Total Income or Loss | 100% | 16,795 | $49,761 | $835,738,189 |
| Deducations | ||||
| Charitable Gifts | 33% | 5,630 | $283 | $1,592,659 |
| Cost of Tax Affairs | 50% | 8,445 | $224 | $1,892,380 |
| Work Car expenses | 30% | 4,980 | $2,682 | $13,356,118 |
| Work Travel expenses | 12% | 2,070 | $1,764 | $3,651,287 |
| Self Education expenses | 4% | 690 | $1,298 | $895,697 |
| Total Deductions | 86% | 14,445 | $2,571 | $37,144,639 |
| Taxation | ||||
| Taxable Income | 100% | 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.