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 | #Ppl | 4343 Avg | 4343 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 6,240 | ||
| Income | ||||
| Salary or Wage | 82% | 5,140 | $38,787 | $199,363,591 |
| Gross Interest | 52% | 3,275 | $1,696 | $5,554,030 |
| Unfranked Dividends | 9% | 540 | $323 | $174,610 |
| Franked Dividends | 15% | 960 | $3,245 | $3,115,586 |
| Dividend Franking Credit | 15% | 960 | $1,391 | $1,335,556 |
| Capital Gains | 2% | 150 | $9,026 | $1,353,945 |
| Termination Payouts | 1% | 80 | $6,010 | $480,799 |
| Tips/Directors Fees etc | 15% | 910 | $3,592 | $3,269,038 |
| Business Income | 7% | 445 | $9,710 | $4,321,039 |
| Foreign Income | 4% | 225 | $1,234 | $277,759 |
| Government payments | 8% | 500 | $5,408 | $2,703,757 |
| Government pensions | 6% | 350 | $9,917 | $3,470,812 |
| Total Income or Loss | 100% | 6,220 | $39,845 | $247,835,541 |
| Deducations | ||||
| Charitable Gifts | 23% | 1,455 | $204 | $297,459 |
| Cost of Tax Affairs | 40% | 2,515 | $244 | $612,447 |
| Work Car expenses | 23% | 1,410 | $2,171 | $3,060,614 |
| Work Travel expenses | 7% | 450 | $4,030 | $1,813,693 |
| Self Education expenses | 2% | 145 | $1,436 | $208,254 |
| Total Deductions | 72% | 4,505 | $2,418 | $10,894,177 |
| Taxation | ||||
| Taxable Income | 99% | 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.