TaxStats for postcode 4121 FY2013

Postcode 4121 includes Holland Park, Holland Park, Holland Park East, Holland Park East, Holland Park West, Tarragindi, Wellers Hill, Wellers Hill in Queensland, and is in the federal electorate of Bonner.

In FY 2013 the ATO recorded 14,620 individuals in postcode 4121. Of these people, 14,565 made a taxable income or loss. 12,255 of the population paid a gross amount of tax. After tax offsets, 11,460 people actually paid a net amount of tax. There were 3,105 non-taxable people who paid net tax of $0.

Compare TaxStats of 4121 with QLD

4121 TaxStats FY2013%Ppl#Ppl4121
Total Individuals100%14,620
Salary or Wage 82%11,950$63,495$758,764,450
Gross Interest61%8,870$1,830$16,228,306
Unfranked Dividends11%1,610$770$1,239,582
Franked Dividends26%3,845$6,221$23,918,194
Dividend Franking Credit26%3,825$2,679$10,247,163
Capital Gains5%800$14,146$11,317,025
Termination Payouts3%410$11,752$4,818,482
Tips/Directors Fees etc17%2,420$4,131$9,997,980
Business Income9%1,285$27,714$35,612,812
Foreign Income9%1,305$1,366$1,782,655
Government payments6%835$5,038$4,206,661
Government pensions5%695$9,589$6,664,111
Total Income or Loss100%14,585$66,669$972,366,699
Charitable Gifts41%5,975$450$2,689,694
Cost of Tax Affairs47%6,840$362$2,477,313
Work Car expenses24%3,485$2,693$9,385,785
Work Travel expenses11%1,630$1,192$1,942,315
Self Education expenses5%685$2,085$1,428,186
Total Deductions84%12,295$3,102$38,140,575
Taxable Income100%14,565$64,101$933,626,285
Medicare Levy 76%11,120$1,176$13,082,626
Medicare Surcharge 1%195$1,153$224,825
Gross Tax 84%12,255$17,359$212,730,948
Net Tax 78%11,460$19,037$218,165,791
Average Tax 100%14,620 $14,922$218,165,791
Gross Tax Rate 84%12,255 27%$212,730,948
Net Tax Rate 78%11,460 30%$218,165,791
Average Tax Rate 100%14,620 23%$218,165,791
%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 $64,101. It is estimated that the average taxable income for people who paid a net amount of tax was $78217.

The average net tax paid was $19,037. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 11,120 people for an average of $1,176. 195 people paid $1,153 on average more for the Medicare surcharge.

11,950 people earned a salary or wage and took home an average of $63,495 each.

Government allowance and payments were collected by 835 people for on average $5,038. 695 people received the pension or other allowance.

Charitable gifts and donations of an average of $450 were made by 5,975 people.

The costs of tax affairs for 6,840 people were claimed for $362 each.