TaxStats for postcode 4161 FY2013

Postcode 4161 includes Alexandra Hills in Queensland, and is in the federal electorate of Bowman.

In FY 2013 the ATO recorded 9,640 individuals in postcode 4161. Of these people, 9,610 made a taxable income or loss. 8,060 of the population paid a gross amount of tax. After tax offsets, 7,510 people actually paid a net amount of tax. There were 2,100 non-taxable people who paid net tax of $0.

Compare TaxStats of 4161 with QLD

4161 TaxStats FY2013%Ppl#Ppl4161
Avg
4161
Total
Total Individuals100%9,640
Income
Salary or Wage 86%8,320$50,678$421,638,977
Gross Interest51%4,960$977$4,847,478
Unfranked Dividends6%590$333$196,575
Franked Dividends15%1,465$2,863$4,194,469
Dividend Franking Credit15%1,460$1,232$1,798,302
Capital Gains3%250$6,126$1,531,408
Termination Payouts3%275$6,997$1,924,209
Tips/Directors Fees etc20%1,975$3,163$6,247,511
Business Income8%800$20,210$16,167,665
Foreign Income4%395$1,257$496,476
Government payments7%705$4,764$3,358,592
Government pensions5%510$8,680$4,426,563
Total Income or Loss100%9,615$51,004$490,405,035
Deducations
Charitable Gifts40%3,830$226$865,829
Cost of Tax Affairs49%4,770$217$1,034,634
Work Car expenses28%2,730$2,546$6,951,232
Work Travel expenses12%1,120$1,464$1,639,418
Self Education expenses4%380$1,682$639,247
Total Deductions86%8,320$2,386$19,854,484
Taxation
Taxable Income100%9,610$48,953$470,436,676
Medicare Levy 76%7,290$879$6,408,501
Medicare Surcharge 1%110$1,157$127,282
Gross Tax 84%8,060$10,610$85,520,625
Net Tax 78%7,510$11,577$86,943,706
Average Tax 100%9,640 $9,019$86,943,706
Gross Tax Rate 84%8,060 22%$85,520,625
Net Tax Rate 78%7,510 24%$86,943,706
Average Tax Rate 100%9,640 18%$86,943,706
%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 $48,953. It is estimated that the average taxable income for people who paid a net amount of tax was $59286.

The average net tax paid was $11,577. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 7,290 people for an average of $879. 110 people paid $1,157 on average more for the Medicare surcharge.

8,320 people earned a salary or wage and took home an average of $50,678 each.

Government allowance and payments were collected by 705 people for on average $4,764. 510 people received the pension or other allowance.

Charitable gifts and donations of an average of $226 were made by 3,830 people.

The costs of tax affairs for 4,770 people were claimed for $217 each.