TaxStats for postcode 4158 FY2013

Postcode 4158 includes Thorneside in Queensland, and is in the federal electorate of Bowman.

In FY 2013 the ATO recorded 2,190 individuals in postcode 4158. Of these people, 2,185 made a taxable income or loss. 1,885 of the population paid a gross amount of tax. After tax offsets, 1,735 people actually paid a net amount of tax. There were 450 non-taxable people who paid net tax of $0.

Compare TaxStats of 4158 with QLD

4158 TaxStats FY2013%Ppl#Ppl4158
Total Individuals100%2,190
Salary or Wage 85%1,855$53,366$98,993,024
Gross Interest54%1,175$1,343$1,578,242
Unfranked Dividends7%155$857$132,855
Franked Dividends16%360$4,031$1,451,056
Dividend Franking Credit16%355$1,747$620,285
Capital Gains3%70$9,204$644,259
Termination Payouts4%90$8,433$758,985
Tips/Directors Fees etc20%435$2,994$1,302,468
Business Income7%155$18,981$2,942,077
Foreign Income5%105$478$50,216
Government payments8%170$4,286$728,697
Government pensions7%145$8,743$1,267,762
Total Income or Loss100%2,185$54,486$119,052,264
Charitable Gifts38%840$243$203,847
Cost of Tax Affairs52%1,135$279$317,143
Work Car expenses27%585$2,549$1,491,153
Work Travel expenses12%270$1,277$344,720
Self Education expenses4%85$1,876$159,441
Total Deductions86%1,890$2,783$5,259,576
Taxable Income100%2,185$52,074$113,782,190
Medicare Levy 76%1,665$926$1,541,396
Medicare Surcharge 2%45$1,199$53,956
Gross Tax 86%1,885$11,492$21,663,233
Net Tax 79%1,735$12,762$22,142,445
Average Tax 100%2,190 $10,111$22,142,445
Gross Tax Rate 86%1,885 22%$21,663,233
Net Tax Rate 79%1,735 25%$22,142,445
Average Tax Rate 100%2,190 19%$22,142,445
%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 $52,074. It is estimated that the average taxable income for people who paid a net amount of tax was $62468.

The average net tax paid was $12,762. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 1,665 people for an average of $926. 45 people paid $1,199 on average more for the Medicare surcharge.

1,855 people earned a salary or wage and took home an average of $53,366 each.

Government allowance and payments were collected by 170 people for on average $4,286. 145 people received the pension or other allowance.

Charitable gifts and donations of an average of $243 were made by 840 people.

The costs of tax affairs for 1,135 people were claimed for $279 each.