TaxStats for postcode 4500 FY2013

Postcode 4500 includes Bray Park, Brendale, Brendale, Brendale Bc, Brendale Dc, Cashmere, Clear Mountain, Joyner, Strathpine, Strathpine, Strathpine Centre, Warner in Queensland, and is in the federal electorate of Dickson.

In FY 2013 the ATO recorded 23,215 individuals in postcode 4500. Of these people, 23,100 made a taxable income or loss. 19,390 of the population paid a gross amount of tax. After tax offsets, 18,170 people actually paid a net amount of tax. There were 4,930 non-taxable people who paid net tax of $0.

Compare TaxStats of 4500 with QLD

4500 TaxStats FY2013%Ppl#Ppl4500
Avg
4500
Total
Total Individuals100%23,215
Income
Salary or Wage 85%19,805$53,192$1,053,463,442
Gross Interest53%12,370$1,024$12,672,645
Unfranked Dividends6%1,470$398$585,665
Franked Dividends17%3,880$3,809$14,777,604
Dividend Franking Credit17%3,860$1,640$6,332,008
Capital Gains3%650$8,369$5,440,028
Termination Payouts3%670$8,596$5,759,496
Tips/Directors Fees etc20%4,720$3,062$14,453,412
Business Income7%1,645$17,962$29,547,409
Foreign Income4%970$2,022$1,961,164
Government payments6%1,395$4,937$6,887,116
Government pensions5%1,055$9,015$9,511,351
Total Income or Loss100%23,130$53,747$1,243,177,841
Deducations
Charitable Gifts38%8,845$243$2,150,029
Cost of Tax Affairs46%10,675$255$2,718,260
Work Car expenses27%6,155$2,478$15,249,439
Work Travel expenses10%2,355$1,479$3,482,252
Self Education expenses4%975$1,650$1,609,011
Total Deductions85%19,840$2,416$47,939,669
Taxation
Taxable Income100%23,100$51,701$1,194,289,474
Medicare Levy 75%17,305$932$16,128,936
Medicare Surcharge 1%330$1,060$349,655
Gross Tax 84%19,390$11,853$229,835,774
Net Tax 78%18,170$12,917$234,702,643
Average Tax 100%23,215 $10,110$234,702,643
Gross Tax Rate 84%19,390 23%$229,835,774
Net Tax Rate 78%18,170 25%$234,702,643
Average Tax Rate 100%23,215 20%$234,702,643
%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 $51,701. It is estimated that the average taxable income for people who paid a net amount of tax was $62473.

The average net tax paid was $12,917. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 17,305 people for an average of $932. 330 people paid $1,060 on average more for the Medicare surcharge.

19,805 people earned a salary or wage and took home an average of $53,192 each.

Government allowance and payments were collected by 1,395 people for on average $4,937. 1,055 people received the pension or other allowance.

Charitable gifts and donations of an average of $243 were made by 8,845 people.

The costs of tax affairs for 10,675 people were claimed for $255 each.