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 | #Ppl | 4122 Avg | 4122 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 25,925 | ||
| Income | ||||
| Salary or Wage | 81% | 21,040 | $53,823 | $1,132,435,662 |
| Gross Interest | 58% | 15,010 | $1,726 | $25,910,807 |
| Unfranked Dividends | 9% | 2,390 | $554 | $1,323,873 |
| Franked Dividends | 21% | 5,500 | $4,588 | $25,232,155 |
| Dividend Franking Credit | 21% | 5,485 | $1,971 | $10,808,904 |
| Capital Gains | 4% | 1,115 | $8,998 | $10,032,810 |
| Termination Payouts | 3% | 685 | $10,350 | $7,089,718 |
| Tips/Directors Fees etc | 17% | 4,290 | $3,595 | $15,420,763 |
| Business Income | 8% | 1,990 | $20,653 | $41,099,325 |
| Foreign Income | 7% | 1,750 | $953 | $1,667,872 |
| Government payments | 7% | 1,710 | $5,332 | $9,117,800 |
| Government pensions | 6% | 1,455 | $9,418 | $13,703,256 |
| Total Income or Loss | 100% | 25,820 | $53,514 | $1,381,728,457 |
| Deducations | ||||
| Charitable Gifts | 37% | 9,495 | $426 | $4,043,706 |
| Cost of Tax Affairs | 45% | 11,715 | $292 | $3,421,625 |
| Work Car expenses | 22% | 5,760 | $2,380 | $13,709,483 |
| Work Travel expenses | 11% | 2,770 | $1,279 | $3,542,539 |
| Self Education expenses | 5% | 1,225 | $1,855 | $2,272,818 |
| Total Deductions | 82% | 21,240 | $2,578 | $54,764,510 |
| Taxation | ||||
| Taxable Income | 99% | 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.