TaxStats for postcode 4504 FY2013

Postcode 4504 includes Narangba in Queensland, and is in the federal electorate of Longman.

In FY 2013 the ATO recorded 9,645 individuals in postcode 4504. Of these people, 9,595 made a taxable income or loss. 8,010 of the population paid a gross amount of tax. After tax offsets, 7,500 people actually paid a net amount of tax. There were 2,095 non-taxable people who paid net tax of $0.

Compare TaxStats of 4504 with QLD

4504 TaxStats FY2013%Ppl#Ppl4504
Total Individuals100%9,645
Salary or Wage 86%8,260$54,922$453,654,204
Gross Interest50%4,820$889$4,283,592
Unfranked Dividends5%505$328$165,880
Franked Dividends14%1,330$2,774$3,689,659
Dividend Franking Credit14%1,325$1,187$1,573,080
Capital Gains2%235$9,105$2,139,716
Termination Payouts3%275$7,900$2,172,595
Tips/Directors Fees etc20%1,910$3,622$6,918,686
Business Income7%705$15,192$10,710,206
Foreign Income3%335$1,161$388,946
Government payments6%585$4,886$2,858,227
Government pensions4%430$8,035$3,455,248
Total Income or Loss100%9,610$54,182$520,692,906
Charitable Gifts38%3,700$274$1,014,851
Cost of Tax Affairs48%4,595$252$1,157,744
Work Car expenses30%2,875$2,807$8,068,707
Work Travel expenses12%1,115$1,820$2,029,361
Self Education expenses4%375$1,502$563,335
Total Deductions86%8,315$2,800$23,280,680
Taxable Income99%9,595$51,774$496,767,050
Medicare Levy 75%7,270$937$6,813,848
Medicare Surcharge 2%190$1,215$230,913
Gross Tax 83%8,010$11,891$95,243,904
Net Tax 78%7,500$13,061$97,956,436
Average Tax 100%9,645 $10,156$97,956,436
Gross Tax Rate 83%8,010 23%$95,243,904
Net Tax Rate 78%7,500 25%$97,956,436
Average Tax Rate 100%9,645 20%$97,956,436
%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 $51,774. It is estimated that the average taxable income for people who paid a net amount of tax was $62884.

The average net tax paid was $13,061. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 7,270 people for an average of $937. 190 people paid $1,215 on average more for the Medicare surcharge.

8,260 people earned a salary or wage and took home an average of $54,922 each.

Government allowance and payments were collected by 585 people for on average $4,886. 430 people received the pension or other allowance.

Charitable gifts and donations of an average of $274 were made by 3,700 people.

The costs of tax affairs for 4,595 people were claimed for $252 each.