TaxStats for postcode 4400 FY2013

Postcode 4400 includes Kingsthorpe in Queensland, and is in the federal electorate of Groom.

In FY 2013 the ATO recorded 975 individuals in postcode 4400. Of these people, 970 made a taxable income or loss. 790 of the population paid a gross amount of tax. After tax offsets, 735 people actually paid a net amount of tax. There were 235 non-taxable people who paid net tax of $0.

Compare TaxStats of 4400 with QLD

4400 TaxStats FY2013%Ppl#Ppl4400
Avg
4400
Total
Total Individuals100%975
Income
Salary or Wage 82%800$50,461$40,368,781
Gross Interest51%500$776$388,210
Unfranked Dividends8%75$191$14,320
Franked Dividends15%145$2,352$341,063
Dividend Franking Credit15%145$1,008$146,123
Capital Gains3%30$10,092$302,763
Termination Payouts4%35$3,758$131,532
Tips/Directors Fees etc25%245$2,845$696,993
Business Income7%65$9,235$600,273
Foreign Income3%30$1,064$31,919
Government payments6%55$4,497$247,312
Government pensions7%70$8,545$598,159
Total Income or Loss100%975$49,561$48,322,441
Deducations
Charitable Gifts30%290$202$58,591
Cost of Tax Affairs49%480$234$112,490
Work Car expenses27%265$2,050$543,142
Work Travel expenses10%100$3,542$354,182
Self Education expenses5%45$1,334$60,044
Total Deductions84%815$2,531$2,062,454
Taxation
Taxable Income99%970$47,510$46,084,434
Medicare Levy 72%705$885$623,961
Medicare Surcharge 2%15$876$13,138
Gross Tax 81%790$10,776$8,512,665
Net Tax 75%735$11,649$8,561,982
Average Tax 100%975 $8,782$8,561,982
Gross Tax Rate 81%790 23%$8,512,665
Net Tax Rate 75%735 25%$8,561,982
Average Tax Rate 100%975 18%$8,561,982
%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 $47,510. It is estimated that the average taxable income for people who paid a net amount of tax was $58863.

The average net tax paid was $11,649. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 705 people for an average of $885. 15 people paid $876 on average more for the Medicare surcharge.

800 people earned a salary or wage and took home an average of $50,461 each.

Government allowance and payments were collected by 55 people for on average $4,497. 70 people received the pension or other allowance.

Charitable gifts and donations of an average of $202 were made by 290 people.

The costs of tax affairs for 480 people were claimed for $234 each.