TaxStats for postcode 4520 FY2013

Postcode 4520 includes Armstrong Creek, Camp Mountain, Cedar Creek, Closeburn, Draper, Enoggera Reservoir, Enoggera Reservoir, Highvale, Jollys Lookout, Jollys Lookout, Kobble Creek, Mount Glorious, Mount Nebo, Mount Samson, Samford, Samford, Samford Valley, Samford Valley, Samford Village, Samford Village, Samsonvale, Wights Mountain, Yugar in Queensland, and is in the federal electorate of Dickson.

In FY 2013 the ATO recorded 7,865 individuals in postcode 4520. Of these people, 7,815 made a taxable income or loss. 6,255 of the population paid a gross amount of tax. After tax offsets, 5,795 people actually paid a net amount of tax. There were 2,020 non-taxable people who paid net tax of $0.

Compare TaxStats of 4520 with QLD

4520 TaxStats FY2013%Ppl#Ppl4520
Total Individuals100%7,865
Salary or Wage 74%5,810$71,179$413,548,839
Gross Interest62%4,840$1,962$9,498,112
Unfranked Dividends12%935$1,217$1,138,037
Franked Dividends29%2,285$8,531$19,493,987
Dividend Franking Credit29%2,280$3,663$8,351,648
Capital Gains6%450$17,784$8,002,634
Termination Payouts3%200$23,928$4,785,646
Tips/Directors Fees etc15%1,215$6,554$7,962,934
Business Income12%905$19,584$17,723,580
Foreign Income9%735$2,312$1,699,591
Government payments3%260$5,213$1,355,287
Government pensions4%315$8,680$2,734,282
Total Income or Loss100%7,840$72,941$571,861,338
Charitable Gifts36%2,810$630$1,770,874
Cost of Tax Affairs47%3,680$509$1,874,223
Work Car expenses21%1,660$2,964$4,920,727
Work Travel expenses9%675$1,752$1,182,425
Self Education expenses3%255$1,737$442,823
Total Deductions81%6,370$3,576$22,776,841
Taxable Income99%7,815$70,104$547,859,697
Medicare Levy 72%5,645$1,368$7,723,279
Medicare Surcharge 2%130$1,262$164,107
Gross Tax 80%6,255$22,014$137,697,316
Net Tax 74%5,795$24,274$140,669,593
Average Tax 100%7,865 $17,886$140,669,593
Gross Tax Rate 80%6,255 31%$137,697,316
Net Tax Rate 74%5,795 35%$140,669,593
Average Tax Rate 100%7,865 26%$140,669,593
%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 $70,104. It is estimated that the average taxable income for people who paid a net amount of tax was $90357.

The average net tax paid was $24,274. This equates to an average tax of 35 cents in the dollar on taxable income.

The Medicare levy was paid by 5,645 people for an average of $1,368. 130 people paid $1,262 on average more for the Medicare surcharge.

5,810 people earned a salary or wage and took home an average of $71,179 each.

Government allowance and payments were collected by 260 people for on average $5,213. 315 people received the pension or other allowance.

Charitable gifts and donations of an average of $630 were made by 2,810 people.

The costs of tax affairs for 3,680 people were claimed for $509 each.