TaxStats for postcode 4169 FY2013

Postcode 4169 includes East Brisbane, Kangaroo Point, Kangaroo Point in Queensland, and is in the federal electorate of Griffith.

In FY 2013 the ATO recorded 8,900 individuals in postcode 4169. Of these people, 8,850 made a taxable income or loss. 7,300 of the population paid a gross amount of tax. After tax offsets, 6,875 people actually paid a net amount of tax. There were 1,975 non-taxable people who paid net tax of $0.

Compare TaxStats of 4169 with QLD

4169 TaxStats FY2013%Ppl#Ppl4169
Avg
4169
Total
Total Individuals100%8,900
Income
Salary or Wage 83%7,350$64,154$471,532,765
Gross Interest59%5,280$2,352$12,416,090
Unfranked Dividends8%735$1,223$898,659
Franked Dividends20%1,750$18,499$32,374,030
Dividend Franking Credit20%1,740$7,973$13,872,909
Capital Gains5%405$29,373$11,896,068
Termination Payouts2%215$11,618$2,497,791
Tips/Directors Fees etc16%1,425$6,860$9,776,051
Business Income9%825$29,249$24,130,153
Foreign Income6%565$2,149$1,213,934
Government payments7%615$5,529$3,400,218
Government pensions2%180$9,316$1,676,913
Total Income or Loss100%8,860$75,693$670,641,344
Deducations
Charitable Gifts32%2,890$1,015$2,934,611
Cost of Tax Affairs42%3,735$1,337$4,992,094
Work Car expenses22%1,985$3,033$6,019,793
Work Travel expenses13%1,135$1,721$1,953,199
Self Education expenses5%485$2,430$1,178,545
Total Deductions80%7,155$4,388$31,392,841
Taxation
Taxable Income99%8,850$72,116$638,229,196
Medicare Levy 71%6,305$1,354$8,539,993
Medicare Surcharge 2%210$1,626$341,380
Gross Tax 82%7,300$22,381$163,382,840
Net Tax 77%6,875$24,502$168,451,943
Average Tax 100%8,900 $18,927$168,451,943
Gross Tax Rate 82%7,300 31%$163,382,840
Net Tax Rate 77%6,875 34%$168,451,943
Average Tax Rate 100%8,900 26%$168,451,943
%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 $72,116. It is estimated that the average taxable income for people who paid a net amount of tax was $89386.

The average net tax paid was $24,502. This equates to an average tax of 34 cents in the dollar on taxable income.

The Medicare levy was paid by 6,305 people for an average of $1,354. 210 people paid $1,626 on average more for the Medicare surcharge.

7,350 people earned a salary or wage and took home an average of $64,154 each.

Government allowance and payments were collected by 615 people for on average $5,529. 180 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,015 were made by 2,890 people.

The costs of tax affairs for 3,735 people were claimed for $1,337 each.