TaxStats for postcode 4174 FY2013

Postcode 4174 includes Hemmant in Queensland, and is in the federal electorate of Bonner.

In FY 2013 the ATO recorded 1,550 individuals in postcode 4174. Of these people, 1,545 made a taxable income or loss. 1,330 of the population paid a gross amount of tax. After tax offsets, 1,250 people actually paid a net amount of tax. There were 295 non-taxable people who paid net tax of $0.

Compare TaxStats of 4174 with QLD

4174 TaxStats FY2013%Ppl#Ppl4174
Total Individuals100%1,550
Salary or Wage 88%1,370$52,560$72,007,059
Gross Interest47%735$985$724,290
Unfranked Dividends5%70$88$6,178
Franked Dividends12%190$2,517$478,305
Dividend Franking Credit12%190$1,083$205,770
Capital Gains2%35$10,824$378,843
Termination Payouts4%55$6,479$356,354
Tips/Directors Fees etc20%305$4,355$1,328,145
Business Income7%115$23,318$2,681,585
Foreign Income3%50$261$13,044
Government payments6%95$5,091$483,608
Government pensions4%65$8,612$559,796
Total Income or Loss100%1,545$53,610$82,827,768
Charitable Gifts40%625$260$162,808
Cost of Tax Affairs53%825$232$191,731
Work Car expenses27%420$2,531$1,062,952
Work Travel expenses13%200$1,736$347,285
Self Education expenses4%60$1,632$97,913
Total Deductions88%1,365$2,515$3,433,646
Taxable Income100%1,545$51,360$79,351,122
Medicare Levy 78%1,215$902$1,095,506
Medicare Surcharge 2%25$1,315$32,873
Gross Tax 86%1,330$11,041$14,685,141
Net Tax 81%1,250$11,952$14,940,489
Average Tax 100%1,550 $9,639$14,940,489
Gross Tax Rate 86%1,330 21%$14,685,141
Net Tax Rate 81%1,250 23%$14,940,489
Average Tax Rate 100%1,550 19%$14,940,489
%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 $51,360. It is estimated that the average taxable income for people who paid a net amount of tax was $60649.

The average net tax paid was $11,952. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 1,215 people for an average of $902. 25 people paid $1,315 on average more for the Medicare surcharge.

1,370 people earned a salary or wage and took home an average of $52,560 each.

Government allowance and payments were collected by 95 people for on average $5,091. 65 people received the pension or other allowance.

Charitable gifts and donations of an average of $260 were made by 625 people.

The costs of tax affairs for 825 people were claimed for $232 each.