TaxStats for postcode 4122 FY2013

Postcode 4122 includes Mansfield, Mansfield, Mansfield Bc, Mansfield Dc, Mount Gravatt, Mount Gravatt East, Mount Gravatt East, Upper Mount Gravatt, Upper Mount Gravatt Bc, Wishart, Wishart in Queensland, and is in the federal electorate of Bonner.

In FY 2013 the ATO recorded 25,925 individuals in postcode 4122. Of these people, 25,780 made a taxable income or loss. 20,875 of the population paid a gross amount of tax. After tax offsets, 19,185 people actually paid a net amount of tax. There were 6,595 non-taxable people who paid net tax of $0.

Compare TaxStats of 4122 with QLD

4122 TaxStats FY2013%Ppl#Ppl4122
Total Individuals100%25,925
Salary or Wage 81%21,040$53,823$1,132,435,662
Gross Interest58%15,010$1,726$25,910,807
Unfranked Dividends9%2,390$554$1,323,873
Franked Dividends21%5,500$4,588$25,232,155
Dividend Franking Credit21%5,485$1,971$10,808,904
Capital Gains4%1,115$8,998$10,032,810
Termination Payouts3%685$10,350$7,089,718
Tips/Directors Fees etc17%4,290$3,595$15,420,763
Business Income8%1,990$20,653$41,099,325
Foreign Income7%1,750$953$1,667,872
Government payments7%1,710$5,332$9,117,800
Government pensions6%1,455$9,418$13,703,256
Total Income or Loss100%25,820$53,514$1,381,728,457
Charitable Gifts37%9,495$426$4,043,706
Cost of Tax Affairs45%11,715$292$3,421,625
Work Car expenses22%5,760$2,380$13,709,483
Work Travel expenses11%2,770$1,279$3,542,539
Self Education expenses5%1,225$1,855$2,272,818
Total Deductions82%21,240$2,578$54,764,510
Taxable Income99%25,780$51,415$1,325,468,553
Medicare Levy 70%18,150$976$17,718,137
Medicare Surcharge 1%310$1,062$329,252
Gross Tax 81%20,875$12,555$262,092,111
Net Tax 74%19,185$14,004$268,660,797
Average Tax 100%25,925 $10,363$268,660,797
Gross Tax Rate 81%20,875 24%$262,092,111
Net Tax Rate 74%19,185 27%$268,660,797
Average Tax Rate 100%25,925 20%$268,660,797
%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 $51,415. It is estimated that the average taxable income for people who paid a net amount of tax was $64964.

The average net tax paid was $14,004. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 18,150 people for an average of $976. 310 people paid $1,062 on average more for the Medicare surcharge.

21,040 people earned a salary or wage and took home an average of $53,823 each.

Government allowance and payments were collected by 1,710 people for on average $5,332. 1,455 people received the pension or other allowance.

Charitable gifts and donations of an average of $426 were made by 9,495 people.

The costs of tax affairs for 11,715 people were claimed for $292 each.