TaxStats for postcode 4164 FY2013

Postcode 4164 includes Thornlands in Queensland, and is in the federal electorate of Bowman.

In FY 2013 the ATO recorded 7,690 individuals in postcode 4164. Of these people, 7,650 made a taxable income or loss. 6,300 of the population paid a gross amount of tax. After tax offsets, 5,870 people actually paid a net amount of tax. There were 1,780 non-taxable people who paid net tax of $0.

Compare TaxStats of 4164 with QLD

4164 TaxStats FY2013%Ppl#Ppl4164
Avg
4164
Total
Total Individuals100%7,690
Income
Salary or Wage 80%6,185$59,114$365,622,744
Gross Interest57%4,370$1,553$6,785,876
Unfranked Dividends8%645$540$348,572
Franked Dividends20%1,540$5,978$9,206,562
Dividend Franking Credit20%1,540$2,559$3,941,081
Capital Gains4%320$10,709$3,426,746
Termination Payouts3%235$10,123$2,378,879
Tips/Directors Fees etc19%1,480$4,817$7,128,444
Business Income8%605$22,891$13,849,221
Foreign Income6%435$1,071$465,991
Government payments4%320$4,622$1,478,978
Government pensions4%345$9,117$3,145,208
Total Income or Loss100%7,670$59,201$454,074,564
Deducations
Charitable Gifts37%2,860$341$973,856
Cost of Tax Affairs49%3,765$318$1,197,819
Work Car expenses27%2,050$3,212$6,585,515
Work Travel expenses11%845$1,769$1,494,503
Self Education expenses4%295$1,736$512,212
Total Deductions84%6,435$3,076$19,794,629
Taxation
Taxable Income99%7,650$56,694$433,710,530
Medicare Levy 75%5,740$1,047$6,010,773
Medicare Surcharge 2%135$1,125$151,917
Gross Tax 82%6,300$14,528$91,525,736
Net Tax 76%5,870$15,953$93,644,045
Average Tax 100%7,690 $12,177$93,644,045
Gross Tax Rate 82%6,300 26%$91,525,736
Net Tax Rate 76%5,870 28%$93,644,045
Average Tax Rate 100%7,690 21%$93,644,045
%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 $56,694. It is estimated that the average taxable income for people who paid a net amount of tax was $70247.

The average net tax paid was $15,953. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 5,740 people for an average of $1,047. 135 people paid $1,125 on average more for the Medicare surcharge.

6,185 people earned a salary or wage and took home an average of $59,114 each.

Government allowance and payments were collected by 320 people for on average $4,622. 345 people received the pension or other allowance.

Charitable gifts and donations of an average of $341 were made by 2,860 people.

The costs of tax affairs for 3,765 people were claimed for $318 each.