TaxStats for postcode 4160 FY2013

Postcode 4160 includes Ormiston, Wellington Point in Queensland, and is in the federal electorate of Bowman.

In FY 2013 the ATO recorded 10,900 individuals in postcode 4160. Of these people, 10,845 made a taxable income or loss. 8,955 of the population paid a gross amount of tax. After tax offsets, 8,275 people actually paid a net amount of tax. There were 2,570 non-taxable people who paid net tax of $0.

Compare TaxStats of 4160 with QLD

4160 TaxStats FY2013%Ppl#Ppl4160
Total Individuals100%10,900
Salary or Wage 81%8,800$61,425$540,537,769
Gross Interest59%6,410$1,957$12,542,307
Unfranked Dividends10%1,080$561$605,585
Franked Dividends24%2,595$6,090$15,802,683
Dividend Franking Credit24%2,585$2,620$6,771,850
Capital Gains5%510$8,868$4,522,743
Termination Payouts3%305$17,980$5,483,788
Tips/Directors Fees etc18%1,960$4,855$9,516,230
Business Income7%800$20,339$16,271,026
Foreign Income7%775$1,973$1,529,044
Government payments5%555$4,540$2,519,959
Government pensions6%600$8,578$5,146,529
Total Income or Loss100%10,875$63,337$688,785,421
Charitable Gifts40%4,360$441$1,920,643
Cost of Tax Affairs49%5,385$322$1,735,646
Work Car expenses26%2,785$2,855$7,949,999
Work Travel expenses11%1,180$1,375$1,622,552
Self Education expenses4%415$1,983$822,900
Total Deductions84%9,150$2,974$27,214,068
Taxable Income99%10,845$60,919$660,670,676
Medicare Levy 74%8,030$1,140$9,154,855
Medicare Surcharge 2%185$1,265$233,973
Gross Tax 82%8,955$16,606$148,705,486
Net Tax 76%8,275$18,237$150,910,272
Average Tax 100%10,900 $13,845$150,910,272
Gross Tax Rate 82%8,955 27%$148,705,486
Net Tax Rate 76%8,275 30%$150,910,272
Average Tax Rate 100%10,900 23%$150,910,272
%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 $60,919. It is estimated that the average taxable income for people who paid a net amount of tax was $76112.

The average net tax paid was $18,237. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 8,030 people for an average of $1,140. 185 people paid $1,265 on average more for the Medicare surcharge.

8,800 people earned a salary or wage and took home an average of $61,425 each.

Government allowance and payments were collected by 555 people for on average $4,540. 600 people received the pension or other allowance.

Charitable gifts and donations of an average of $441 were made by 4,360 people.

The costs of tax affairs for 5,385 people were claimed for $322 each.