TaxStats for postcode 4311 FY2013

Postcode 4311 includes Atkinsons Dam, Brightview, Buaraba, Buaraba South, Churchable, Clarendon, Coolana, Coominya, Lockyer Waters, Lowood, Minden, Mount Tarampa, Patrick Estate, Prenzlau, Rifle Range, Tarampa, Wivenhoe Hill in Queensland, and is in the federal electorate of Blair.

In FY 2013 the ATO recorded 4,500 individuals in postcode 4311. Of these people, 4,455 made a taxable income or loss. 3,480 of the population paid a gross amount of tax. After tax offsets, 3,145 people actually paid a net amount of tax. There were 1,310 non-taxable people who paid net tax of $0.

Compare TaxStats of 4311 with QLD

4311 TaxStats FY2013%Ppl#Ppl4311
Total Individuals100%4,500
Salary or Wage 79%3,560$46,796$166,592,713
Gross Interest47%2,095$1,565$3,279,105
Unfranked Dividends6%270$697$188,068
Franked Dividends13%575$2,987$1,717,340
Dividend Franking Credit13%575$1,279$735,630
Capital Gains2%105$8,926$937,249
Termination Payouts3%115$3,781$434,857
Tips/Directors Fees etc22%1,000$3,432$3,432,004
Business Income9%405$9,272$3,755,089
Foreign Income3%115$925$106,331
Government payments10%440$5,724$2,518,570
Government pensions8%340$9,827$3,341,235
Total Income or Loss100%4,485$44,870$201,240,239
Charitable Gifts29%1,315$450$592,118
Cost of Tax Affairs48%2,170$272$590,718
Work Car expenses28%1,255$2,692$3,378,275
Work Travel expenses9%405$4,074$1,650,020
Self Education expenses3%150$1,205$180,721
Total Deductions81%3,650$2,894$10,563,824
Taxable Income99%4,455$42,619$189,866,365
Medicare Levy 65%2,940$837$2,459,675
Medicare Surcharge 1%60$1,560$93,628
Gross Tax 77%3,480$9,402$32,718,672
Net Tax 70%3,145$10,417$32,761,187
Average Tax 100%4,500 $7,280$32,761,187
Gross Tax Rate 77%3,480 22%$32,718,672
Net Tax Rate 70%3,145 24%$32,761,187
Average Tax Rate 100%4,500 17%$32,761,187
%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 $42,619. It is estimated that the average taxable income for people who paid a net amount of tax was $55372.

The average net tax paid was $10,417. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 2,940 people for an average of $837. 60 people paid $1,560 on average more for the Medicare surcharge.

3,560 people earned a salary or wage and took home an average of $46,796 each.

Government allowance and payments were collected by 440 people for on average $5,724. 340 people received the pension or other allowance.

Charitable gifts and donations of an average of $450 were made by 1,315 people.

The costs of tax affairs for 2,170 people were claimed for $272 each.