TaxStats for postcode 4171 FY2013

Postcode 4171 includes Balmoral, Bulimba, Galloways Hill, Hawthorne in Queensland, and is in the federal electorate of Griffith.

In FY 2013 the ATO recorded 9,840 individuals in postcode 4171. Of these people, 9,770 made a taxable income or loss. 8,425 of the population paid a gross amount of tax. After tax offsets, 8,045 people actually paid a net amount of tax. There were 1,725 non-taxable people who paid net tax of $0.

Compare TaxStats of 4171 with QLD

4171 TaxStats FY2013%Ppl#Ppl4171
Total Individuals100%9,840
Salary or Wage 82%8,085$81,976$662,774,957
Gross Interest63%6,205$2,134$13,240,429
Unfranked Dividends11%1,075$1,320$1,419,225
Franked Dividends26%2,555$14,744$37,671,426
Dividend Franking Credit26%2,540$6,356$16,143,250
Capital Gains6%560$26,768$14,989,890
Termination Payouts3%295$19,689$5,808,163
Tips/Directors Fees etc16%1,590$7,511$11,942,965
Business Income9%860$44,003$37,842,449
Foreign Income9%870$1,736$1,510,141
Government payments4%385$4,730$1,821,173
Government pensions2%240$9,131$2,191,412
Total Income or Loss100%9,810$93,136$913,665,855
Charitable Gifts40%3,945$507$2,001,266
Cost of Tax Affairs49%4,830$552$2,666,830
Work Car expenses26%2,555$3,337$8,526,932
Work Travel expenses14%1,410$1,664$2,345,566
Self Education expenses6%545$2,462$1,341,713
Total Deductions84%8,275$4,455$36,861,145
Taxable Income99%9,770$89,456$873,986,460
Medicare Levy 79%7,755$1,577$12,227,511
Medicare Surcharge 2%225$1,703$383,091
Gross Tax 86%8,425$28,711$241,888,580
Net Tax 82%8,045$30,851$248,200,312
Average Tax 100%9,840 $25,224$248,200,312
Gross Tax Rate 86%8,425 32%$241,888,580
Net Tax Rate 82%8,045 34%$248,200,312
Average Tax Rate 100%9,840 28%$248,200,312
%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 $89,456. It is estimated that the average taxable income for people who paid a net amount of tax was $106064.

The average net tax paid was $30,851. This equates to an average tax of 34 cents in the dollar on taxable income.

The Medicare levy was paid by 7,755 people for an average of $1,577. 225 people paid $1,703 on average more for the Medicare surcharge.

8,085 people earned a salary or wage and took home an average of $81,976 each.

Government allowance and payments were collected by 385 people for on average $4,730. 240 people received the pension or other allowance.

Charitable gifts and donations of an average of $507 were made by 3,945 people.

The costs of tax affairs for 4,830 people were claimed for $552 each.