TaxStats for postcode 4300 FY2013

Postcode 4300 includes Augustine Heights, Bellbird Park, Brookwater, Camira, Carole Park, Carole Park, Gailes, Goodna, Goodna Dc, Springfield, Springfield, Springfield Central, Springfield Lakes in Queensland, and is in the federal electorate of Oxley.

In FY 2013 the ATO recorded 25,415 individuals in postcode 4300. Of these people, 25,305 made a taxable income or loss. 21,590 of the population paid a gross amount of tax. After tax offsets, 20,395 people actually paid a net amount of tax. There were 4,910 non-taxable people who paid net tax of $0.

Compare TaxStats of 4300 with QLD

4300 TaxStats FY2013%Ppl#Ppl4300
Avg
4300
Total
Total Individuals100%25,415
Income
Salary or Wage 89%22,660$53,469$1,211,614,191
Gross Interest45%11,545$768$8,863,704
Unfranked Dividends4%1,095$275$300,790
Franked Dividends11%2,800$3,130$8,764,852
Dividend Franking Credit11%2,790$1,346$3,755,052
Capital Gains2%530$8,336$4,417,824
Termination Payouts3%720$7,175$5,165,852
Tips/Directors Fees etc22%5,695$2,914$16,593,307
Business Income6%1,640$17,635$28,921,918
Foreign Income2%595$985$586,047
Government payments7%1,810$5,277$9,551,033
Government pensions4%1,025$9,419$9,654,631
Total Income or Loss100%25,325$53,878$1,364,463,980
Deducations
Charitable Gifts36%9,260$327$3,029,285
Cost of Tax Affairs49%12,400$243$3,014,807
Work Car expenses31%7,755$2,620$20,319,872
Work Travel expenses12%3,155$1,560$4,920,831
Self Education expenses5%1,265$1,844$2,332,270
Total Deductions87%22,130$2,599$57,520,623
Taxation
Taxable Income100%25,305$51,607$1,305,906,144
Medicare Levy 75%19,170$910$17,436,459
Medicare Surcharge 1%365$1,163$424,618
Gross Tax 85%21,590$11,401$246,139,959
Net Tax 80%20,395$12,393$252,753,731
Average Tax 100%25,415 $9,945$252,753,731
Gross Tax Rate 85%21,590 22%$246,139,959
Net Tax Rate 80%20,395 24%$252,753,731
Average Tax Rate 100%25,415 19%$252,753,731
%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 $51,607. It is estimated that the average taxable income for people who paid a net amount of tax was $61142.

The average net tax paid was $12,393. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 19,170 people for an average of $910. 365 people paid $1,163 on average more for the Medicare surcharge.

22,660 people earned a salary or wage and took home an average of $53,469 each.

Government allowance and payments were collected by 1,810 people for on average $5,277. 1,025 people received the pension or other allowance.

Charitable gifts and donations of an average of $327 were made by 9,260 people.

The costs of tax affairs for 12,400 people were claimed for $243 each.