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 | #Ppl | 4311 Avg | 4311 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 4,500 | ||
| Income | ||||
| Salary or Wage | 79% | 3,560 | $46,796 | $166,592,713 |
| Gross Interest | 47% | 2,095 | $1,565 | $3,279,105 |
| Unfranked Dividends | 6% | 270 | $697 | $188,068 |
| Franked Dividends | 13% | 575 | $2,987 | $1,717,340 |
| Dividend Franking Credit | 13% | 575 | $1,279 | $735,630 |
| Capital Gains | 2% | 105 | $8,926 | $937,249 |
| Termination Payouts | 3% | 115 | $3,781 | $434,857 |
| Tips/Directors Fees etc | 22% | 1,000 | $3,432 | $3,432,004 |
| Business Income | 9% | 405 | $9,272 | $3,755,089 |
| Foreign Income | 3% | 115 | $925 | $106,331 |
| Government payments | 10% | 440 | $5,724 | $2,518,570 |
| Government pensions | 8% | 340 | $9,827 | $3,341,235 |
| Total Income or Loss | 100% | 4,485 | $44,870 | $201,240,239 |
| Deducations | ||||
| Charitable Gifts | 29% | 1,315 | $450 | $592,118 |
| Cost of Tax Affairs | 48% | 2,170 | $272 | $590,718 |
| Work Car expenses | 28% | 1,255 | $2,692 | $3,378,275 |
| Work Travel expenses | 9% | 405 | $4,074 | $1,650,020 |
| Self Education expenses | 3% | 150 | $1,205 | $180,721 |
| Total Deductions | 81% | 3,650 | $2,894 | $10,563,824 |
| Taxation | ||||
| Taxable Income | 99% | 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.