TaxStats for postcode 4207 FY2013

Postcode 4207 includes Alberton, Alberton, Bahrs Scrub, Bahrs Scrub, Bannockburn, Bannockburn, Beenleigh, Beenleigh, Belivah, Belivah, Buccan, Buccan, Cedar Creek, Eagleby, Eagleby, Edens Landing, Edens Landing, Holmview, Holmview, Logan Village, Logan Village, Luscombe, Luscombe, Mount Warren Park, Mount Warren Park, Stapylton, Stapylton, Steiglitz, Steiglitz, Windaroo, Windaroo, Wolffdene, Wolffdene, Woongoolba, Woongoolba, Yarrabilba, Yarrabilba, Yatala, Yatala, Yatala Dc in Queensland, and is in the federal electorate of Fadden.

In FY 2013 the ATO recorded 25,550 individuals in postcode 4207. Of these people, 25,420 made a taxable income or loss. 20,945 of the population paid a gross amount of tax. After tax offsets, 19,270 people actually paid a net amount of tax. There were 6,150 non-taxable people who paid net tax of $0.

Compare TaxStats of 4207 with QLD

4207 TaxStats FY2013%Ppl#Ppl4207
Total Individuals100%25,550
Salary or Wage 83%21,225$47,524$1,008,697,421
Gross Interest44%11,350$1,177$13,355,225
Unfranked Dividends5%1,315$409$537,428
Franked Dividends13%3,250$5,886$19,130,537
Dividend Franking Credit13%3,240$2,530$8,195,702
Capital Gains2%585$8,739$5,112,461
Termination Payouts3%715$5,453$3,898,636
Tips/Directors Fees etc19%4,870$3,567$17,369,679
Business Income8%2,080$17,935$37,305,258
Foreign Income3%690$838$578,401
Government payments10%2,460$5,264$12,949,529
Government pensions6%1,545$9,566$14,780,104
Total Income or Loss100%25,460$48,196$1,227,074,685
Charitable Gifts29%7,500$339$2,542,056
Cost of Tax Affairs49%12,625$258$3,262,454
Work Car expenses29%7,470$2,789$20,832,835
Work Travel expenses12%3,050$1,935$5,902,322
Self Education expenses4%955$1,412$1,348,190
Total Deductions84%21,370$2,780$59,406,084
Taxable Income99%25,420$45,857$1,165,697,200
Medicare Levy 72%18,270$845$15,440,277
Medicare Surcharge 2%420$1,235$518,768
Gross Tax 82%20,945$9,737$203,951,549
Net Tax 75%19,270$10,803$208,166,001
Average Tax 100%25,550 $8,147$208,166,001
Gross Tax Rate 82%20,945 21%$203,951,549
Net Tax Rate 75%19,270 24%$208,166,001
Average Tax Rate 100%25,550 18%$208,166,001
%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 $45,857. It is estimated that the average taxable income for people who paid a net amount of tax was $56663.

The average net tax paid was $10,803. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 18,270 people for an average of $845. 420 people paid $1,235 on average more for the Medicare surcharge.

21,225 people earned a salary or wage and took home an average of $47,524 each.

Government allowance and payments were collected by 2,460 people for on average $5,264. 1,545 people received the pension or other allowance.

Charitable gifts and donations of an average of $339 were made by 7,500 people.

The costs of tax affairs for 12,625 people were claimed for $258 each.