TaxStats for postcode 4208 FY2013

Postcode 4208 includes Gilberton, Jacobs Well, Kingsholme, Norwell, Ormeau, Ormeau Hills in Queensland, and is in the federal electorate of Fadden.

In FY 2013 the ATO recorded 9,555 individuals in postcode 4208. Of these people, 9,495 made a taxable income or loss. 7,965 of the population paid a gross amount of tax. After tax offsets, 7,440 people actually paid a net amount of tax. There were 2,055 non-taxable people who paid net tax of $0.

Compare TaxStats of 4208 with QLD

4208 TaxStats FY2013%Ppl#Ppl4208
Avg
4208
Total
Total Individuals100%9,555
Income
Salary or Wage 83%7,900$54,269$428,726,384
Gross Interest48%4,550$1,082$4,921,203
Unfranked Dividends5%440$321$141,289
Franked Dividends12%1,185$4,633$5,489,939
Dividend Franking Credit12%1,185$1,986$2,352,889
Capital Gains2%185$11,356$2,100,839
Termination Payouts3%275$7,124$1,958,967
Tips/Directors Fees etc19%1,855$4,744$8,799,539
Business Income9%875$17,455$15,272,774
Foreign Income3%250$2,861$715,254
Government payments6%560$4,914$2,751,949
Government pensions4%400$9,260$3,703,841
Total Income or Loss100%9,520$54,108$515,110,301
Deducations
Charitable Gifts31%2,945$271$797,064
Cost of Tax Affairs49%4,675$282$1,316,193
Work Car expenses33%3,185$3,244$10,332,121
Work Travel expenses15%1,410$2,042$2,879,652
Self Education expenses4%415$1,631$676,706
Total Deductions83%7,975$3,353$26,741,595
Taxation
Taxable Income99%9,495$51,350$487,572,205
Medicare Levy 75%7,165$935$6,696,521
Medicare Surcharge 2%195$1,224$238,661
Gross Tax 83%7,965$11,699$93,182,139
Net Tax 78%7,440$12,920$96,126,893
Average Tax 100%9,555 $10,060$96,126,893
Gross Tax Rate 83%7,965 23%$93,182,139
Net Tax Rate 78%7,440 25%$96,126,893
Average Tax Rate 100%9,555 20%$96,126,893
%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 $51,350. It is estimated that the average taxable income for people who paid a net amount of tax was $62219.

The average net tax paid was $12,920. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 7,165 people for an average of $935. 195 people paid $1,224 on average more for the Medicare surcharge.

7,900 people earned a salary or wage and took home an average of $54,269 each.

Government allowance and payments were collected by 560 people for on average $4,914. 400 people received the pension or other allowance.

Charitable gifts and donations of an average of $271 were made by 2,945 people.

The costs of tax affairs for 4,675 people were claimed for $282 each.