TaxStats for postcode 4124 FY2013

Postcode 4124 includes Boronia Heights, Greenbank, Lyons, New Beith, Spring Mountain in Queensland, and is in the federal electorate of Forde.

In FY 2013 the ATO recorded 9,845 individuals in postcode 4124. Of these people, 9,800 made a taxable income or loss. 8,250 of the population paid a gross amount of tax. After tax offsets, 7,715 people actually paid a net amount of tax. There were 2,085 non-taxable people who paid net tax of $0.

Compare TaxStats of 4124 with QLD

4124 TaxStats FY2013%Ppl#Ppl4124
Avg
4124
Total
Total Individuals100%9,845
Income
Salary or Wage 84%8,305$52,482$435,861,954
Gross Interest45%4,475$850$3,805,232
Unfranked Dividends5%460$235$108,317
Franked Dividends13%1,280$4,106$5,255,596
Dividend Franking Credit13%1,280$1,758$2,249,652
Capital Gains2%225$7,055$1,587,302
Termination Payouts3%270$6,257$1,689,464
Tips/Directors Fees etc21%2,040$3,544$7,229,800
Business Income8%745$19,008$14,161,141
Foreign Income3%280$1,023$286,428
Government payments7%675$5,381$3,632,430
Government pensions4%400$9,529$3,811,729
Total Income or Loss100%9,810$52,280$512,865,522
Deducations
Charitable Gifts32%3,165$262$828,773
Cost of Tax Affairs50%4,885$253$1,237,671
Work Car expenses30%2,910$2,900$8,438,306
Work Travel expenses12%1,195$1,936$2,313,070
Self Education expenses4%390$1,372$534,980
Total Deductions85%8,395$2,773$23,282,847
Taxation
Taxable Income100%9,800$49,911$489,128,318
Medicare Levy 75%7,410$900$6,665,824
Medicare Surcharge 1%145$1,272$184,444
Gross Tax 84%8,250$10,950$90,336,553
Net Tax 78%7,715$12,033$92,835,065
Average Tax 100%9,845 $9,430$92,835,065
Gross Tax Rate 84%8,250 22%$90,336,553
Net Tax Rate 78%7,715 24%$92,835,065
Average Tax Rate 100%9,845 19%$92,835,065
%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 $49,911. It is estimated that the average taxable income for people who paid a net amount of tax was $60157.

The average net tax paid was $12,033. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 7,410 people for an average of $900. 145 people paid $1,272 on average more for the Medicare surcharge.

8,305 people earned a salary or wage and took home an average of $52,482 each.

Government allowance and payments were collected by 675 people for on average $5,381. 400 people received the pension or other allowance.

Charitable gifts and donations of an average of $262 were made by 3,165 people.

The costs of tax affairs for 4,885 people were claimed for $253 each.