TaxStats for postcode 4173 FY2013

Postcode 4173 includes Tingalpa, Tingalpa Bc, Tingalpa Dc in Queensland, and is in the federal electorate of Bonner.

In FY 2013 the ATO recorded 5,105 individuals in postcode 4173. Of these people, 5,085 made a taxable income or loss. 4,360 of the population paid a gross amount of tax. After tax offsets, 4,105 people actually paid a net amount of tax. There were 980 non-taxable people who paid net tax of $0.

Compare TaxStats of 4173 with QLD

4173 TaxStats FY2013%Ppl#Ppl4173
Avg
4173
Total
Total Individuals100%5,105
Income
Salary or Wage 86%4,415$56,040$247,416,368
Gross Interest53%2,715$1,042$2,828,803
Unfranked Dividends7%345$478$165,079
Franked Dividends17%885$4,280$3,787,865
Dividend Franking Credit17%885$1,835$1,623,728
Capital Gains3%145$8,351$1,210,931
Termination Payouts4%180$7,519$1,353,349
Tips/Directors Fees etc19%970$3,502$3,396,836
Business Income7%380$16,401$6,232,331
Foreign Income4%190$257$48,823
Government payments6%290$5,030$1,458,644
Government pensions5%265$9,081$2,406,526
Total Income or Loss100%5,090$55,702$283,523,338
Deducations
Charitable Gifts42%2,145$305$653,583
Cost of Tax Affairs51%2,615$234$611,399
Work Car expenses27%1,355$2,618$3,547,501
Work Travel expenses12%605$1,484$897,601
Self Education expenses4%225$1,549$348,540
Total Deductions86%4,410$2,545$11,223,118
Taxation
Taxable Income100%5,085$53,485$271,972,209
Medicare Levy 78%3,965$947$3,753,691
Medicare Surcharge 2%90$1,296$116,666
Gross Tax 85%4,360$12,137$52,915,379
Net Tax 80%4,105$13,232$54,315,327
Average Tax 100%5,105 $10,640$54,315,327
Gross Tax Rate 85%4,360 23%$52,915,379
Net Tax Rate 80%4,105 25%$54,315,327
Average Tax Rate 100%5,105 20%$54,315,327
%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 $53,485. It is estimated that the average taxable income for people who paid a net amount of tax was $63389.

The average net tax paid was $13,232. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 3,965 people for an average of $947. 90 people paid $1,296 on average more for the Medicare surcharge.

4,415 people earned a salary or wage and took home an average of $56,040 each.

Government allowance and payments were collected by 290 people for on average $5,030. 265 people received the pension or other allowance.

Charitable gifts and donations of an average of $305 were made by 2,145 people.

The costs of tax affairs for 2,615 people were claimed for $234 each.