TaxStats for postcode 4153 FY2013

Postcode 4153 includes Belmont in Queensland, and is in the federal electorate of Bonner.

In FY 2013 the ATO recorded 2,765 individuals in postcode 4153. Of these people, 2,750 made a taxable income or loss. 2,340 of the population paid a gross amount of tax. After tax offsets, 2,190 people actually paid a net amount of tax. There were 560 non-taxable people who paid net tax of $0.

Compare TaxStats of 4153 with QLD

4153 TaxStats FY2013%Ppl#Ppl4153
Total Individuals100%2,765
Salary or Wage 82%2,275$60,713$138,123,200
Gross Interest61%1,675$1,597$2,675,362
Unfranked Dividends11%295$253$74,624
Franked Dividends25%680$8,405$5,715,639
Dividend Franking Credit25%680$3,601$2,448,691
Capital Gains5%130$10,054$1,306,960
Termination Payouts3%75$7,180$538,536
Tips/Directors Fees etc18%490$5,280$2,586,974
Business Income9%260$29,748$7,734,391
Foreign Income7%200$567$113,443
Government payments6%160$4,725$755,980
Government pensions3%90$9,504$855,326
Total Income or Loss100%2,760$65,042$179,516,887
Charitable Gifts41%1,120$365$408,327
Cost of Tax Affairs45%1,250$311$389,038
Work Car expenses25%695$2,867$1,992,305
Work Travel expenses10%290$1,615$468,237
Self Education expenses3%80$2,454$196,339
Total Deductions84%2,330$3,254$7,582,744
Taxable Income99%2,750$62,455$171,752,351
Medicare Levy 77%2,140$1,128$2,413,216
Medicare Surcharge 1%30$1,300$38,990
Gross Tax 85%2,340$16,438$38,464,624
Net Tax 79%2,190$18,118$39,678,507
Average Tax 100%2,765 $14,350$39,678,507
Gross Tax Rate 85%2,340 26%$38,464,624
Net Tax Rate 79%2,190 29%$39,678,507
Average Tax Rate 100%2,765 23%$39,678,507
%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 $62,455. It is estimated that the average taxable income for people who paid a net amount of tax was $75357.

The average net tax paid was $18,118. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 2,140 people for an average of $1,128. 30 people paid $1,300 on average more for the Medicare surcharge.

2,275 people earned a salary or wage and took home an average of $60,713 each.

Government allowance and payments were collected by 160 people for on average $4,725. 90 people received the pension or other allowance.

Charitable gifts and donations of an average of $365 were made by 1,120 people.

The costs of tax affairs for 1,250 people were claimed for $311 each.