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 | #Ppl | 4171 Avg | 4171 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 9,840 | ||
| Income | ||||
| Salary or Wage | 82% | 8,085 | $81,976 | $662,774,957 |
| Gross Interest | 63% | 6,205 | $2,134 | $13,240,429 |
| Unfranked Dividends | 11% | 1,075 | $1,320 | $1,419,225 |
| Franked Dividends | 26% | 2,555 | $14,744 | $37,671,426 |
| Dividend Franking Credit | 26% | 2,540 | $6,356 | $16,143,250 |
| Capital Gains | 6% | 560 | $26,768 | $14,989,890 |
| Termination Payouts | 3% | 295 | $19,689 | $5,808,163 |
| Tips/Directors Fees etc | 16% | 1,590 | $7,511 | $11,942,965 |
| Business Income | 9% | 860 | $44,003 | $37,842,449 |
| Foreign Income | 9% | 870 | $1,736 | $1,510,141 |
| Government payments | 4% | 385 | $4,730 | $1,821,173 |
| Government pensions | 2% | 240 | $9,131 | $2,191,412 |
| Total Income or Loss | 100% | 9,810 | $93,136 | $913,665,855 |
| Deducations | ||||
| Charitable Gifts | 40% | 3,945 | $507 | $2,001,266 |
| Cost of Tax Affairs | 49% | 4,830 | $552 | $2,666,830 |
| Work Car expenses | 26% | 2,555 | $3,337 | $8,526,932 |
| Work Travel expenses | 14% | 1,410 | $1,664 | $2,345,566 |
| Self Education expenses | 6% | 545 | $2,462 | $1,341,713 |
| Total Deductions | 84% | 8,275 | $4,455 | $36,861,145 |
| Taxation | ||||
| Taxable Income | 99% | 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.