TaxStats for postcode 4343 FY2013

Postcode 4343 includes Adare, Black Duck Creek, Caffey, College View, East Haldon, Fordsdale, Gatton, Ingoldsby, Junction View, Lake Clarendon, Lawes, Lefthand Branch, Lower Tenthill, Morton Vale, Mount Sylvia, Placid Hills, Ringwood, Rockside, Ropeley, Spring Creek, Upper Tenthill, Vinegar Hill, Woodbine, Woodlands in Queensland, and is in the federal electorate of Wright.

In FY 2013 the ATO recorded 6,240 individuals in postcode 4343. Of these people, 6,185 made a taxable income or loss. 4,460 of the population paid a gross amount of tax. After tax offsets, 4,035 people actually paid a net amount of tax. There were 2,150 non-taxable people who paid net tax of $0.

Compare TaxStats of 4343 with QLD

4343 TaxStats FY2013%Ppl#Ppl4343
Total Individuals100%6,240
Salary or Wage 82%5,140$38,787$199,363,591
Gross Interest52%3,275$1,696$5,554,030
Unfranked Dividends9%540$323$174,610
Franked Dividends15%960$3,245$3,115,586
Dividend Franking Credit15%960$1,391$1,335,556
Capital Gains2%150$9,026$1,353,945
Termination Payouts1%80$6,010$480,799
Tips/Directors Fees etc15%910$3,592$3,269,038
Business Income7%445$9,710$4,321,039
Foreign Income4%225$1,234$277,759
Government payments8%500$5,408$2,703,757
Government pensions6%350$9,917$3,470,812
Total Income or Loss100%6,220$39,845$247,835,541
Charitable Gifts23%1,455$204$297,459
Cost of Tax Affairs40%2,515$244$612,447
Work Car expenses23%1,410$2,171$3,060,614
Work Travel expenses7%450$4,030$1,813,693
Self Education expenses2%145$1,436$208,254
Total Deductions72%4,505$2,418$10,894,177
Taxable Income99%6,185$38,144$235,921,520
Medicare Levy 58%3,625$810$2,936,267
Medicare Surcharge 1%55$1,326$72,957
Gross Tax 71%4,460$8,601$38,358,729
Net Tax 65%4,035$9,575$38,634,539
Average Tax 100%6,240 $6,191$38,634,539
Gross Tax Rate 71%4,460 23%$38,358,729
Net Tax Rate 65%4,035 25%$38,634,539
Average Tax Rate 100%6,240 16%$38,634,539
%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 $38,144. It is estimated that the average taxable income for people who paid a net amount of tax was $52075.

The average net tax paid was $9,575. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 3,625 people for an average of $810. 55 people paid $1,326 on average more for the Medicare surcharge.

5,140 people earned a salary or wage and took home an average of $38,787 each.

Government allowance and payments were collected by 500 people for on average $5,408. 350 people received the pension or other allowance.

Charitable gifts and donations of an average of $204 were made by 1,455 people.

The costs of tax affairs for 2,515 people were claimed for $244 each.