TaxStats for postcode 4165 FY2013

Postcode 4165 includes Mount Cotton, Redland Bay, Victoria Point, Victoria Point West in Queensland, and is in the federal electorate of Bowman.

In FY 2013 the ATO recorded 19,880 individuals in postcode 4165. Of these people, 19,785 made a taxable income or loss. 16,400 of the population paid a gross amount of tax. After tax offsets, 15,150 people actually paid a net amount of tax. There were 4,635 non-taxable people who paid net tax of $0.

Compare TaxStats of 4165 with QLD

4165 TaxStats FY2013%Ppl#Ppl4165
Total Individuals100%19,880
Salary or Wage 80%15,965$55,907$892,560,475
Gross Interest53%10,565$1,583$16,721,220
Unfranked Dividends8%1,525$703$1,072,102
Franked Dividends20%3,920$6,656$26,091,148
Dividend Franking Credit20%3,895$2,869$11,176,305
Capital Gains4%740$11,210$8,295,157
Termination Payouts3%505$9,907$5,003,232
Tips/Directors Fees etc19%3,765$4,348$16,369,716
Business Income8%1,515$18,558$28,115,202
Foreign Income6%1,095$1,352$1,480,746
Government payments5%1,030$4,585$4,722,524
Government pensions6%1,225$8,817$10,801,112
Total Income or Loss100%19,835$55,806$1,106,908,604
Charitable Gifts36%7,095$339$2,403,143
Cost of Tax Affairs51%10,180$375$3,814,012
Work Car expenses28%5,620$3,107$17,463,872
Work Travel expenses12%2,365$1,720$4,066,914
Self Education expenses4%800$1,729$1,383,256
Total Deductions85%16,850$3,046$51,328,141
Taxable Income100%19,785$53,287$1,054,277,503
Medicare Levy 74%14,635$985$14,416,400
Medicare Surcharge 1%295$1,232$363,398
Gross Tax 82%16,400$12,820$210,254,345
Net Tax 76%15,150$14,211$215,290,437
Average Tax 100%19,880 $10,829$215,290,437
Gross Tax Rate 82%16,400 24%$210,254,345
Net Tax Rate 76%15,150 27%$215,290,437
Average Tax Rate 100%19,880 20%$215,290,437
%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 $53,287. It is estimated that the average taxable income for people who paid a net amount of tax was $65918.

The average net tax paid was $14,211. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 14,635 people for an average of $985. 295 people paid $1,232 on average more for the Medicare surcharge.

15,965 people earned a salary or wage and took home an average of $55,907 each.

Government allowance and payments were collected by 1,030 people for on average $4,585. 1,225 people received the pension or other allowance.

Charitable gifts and donations of an average of $339 were made by 7,095 people.

The costs of tax affairs for 10,180 people were claimed for $375 each.