TaxStats for postcode 4000 FY2013

Postcode 4000 includes Brisbane, Brisbane Adelaide Street, Brisbane City, Brisbane Gpo, Petrie Terrace, Spring Hill in Queensland, and is in the federal electorate of Brisbane.

In FY 2013 the ATO recorded 12,580 individuals in postcode 4000. Of these people, 12,515 made a taxable income or loss. 8,485 of the population paid a gross amount of tax. After tax offsets, 7,940 people actually paid a net amount of tax. There were 4,575 non-taxable people who paid net tax of $0.

Compare TaxStats of 4000 with QLD

4000 TaxStats FY2013%Ppl#Ppl4000
Total Individuals100%12,580
Salary or Wage 88%11,100$52,856$586,699,124
Gross Interest48%6,080$1,959$11,912,506
Unfranked Dividends5%670$700$468,738
Franked Dividends13%1,635$12,246$20,021,692
Dividend Franking Credit13%1,625$5,273$8,568,554
Capital Gains3%375$22,727$8,522,572
Termination Payouts2%240$12,147$2,915,276
Tips/Directors Fees etc11%1,325$7,759$10,280,353
Business Income7%825$51,235$42,269,160
Foreign Income4%490$1,349$660,875
Government payments4%450$5,673$2,552,832
Government pensions1%100$9,861$986,130
Total Income or Loss100%12,530$60,157$753,765,026
Charitable Gifts21%2,625$864$2,267,301
Cost of Tax Affairs29%3,625$958$3,474,422
Work Car expenses12%1,510$2,972$4,488,266
Work Travel expenses9%1,140$1,558$1,776,328
Self Education expenses5%570$2,539$1,447,164
Total Deductions62%7,840$3,651$28,622,044
Taxable Income99%12,515$57,831$723,760,223
Medicare Levy 52%6,525$1,297$8,462,410
Medicare Surcharge 3%325$1,550$503,785
Gross Tax 67%8,485$20,779$176,313,831
Net Tax 63%7,940$22,708$180,303,550
Average Tax 100%12,580 $14,333$180,303,550
Gross Tax Rate 67%8,485 36%$176,313,831
Net Tax Rate 63%7,940 39%$180,303,550
Average Tax Rate 100%12,580 25%$180,303,550
%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 $57,831. It is estimated that the average taxable income for people who paid a net amount of tax was $84239.

The average net tax paid was $22,708. This equates to an average tax of 39 cents in the dollar on taxable income.

The Medicare levy was paid by 6,525 people for an average of $1,297. 325 people paid $1,550 on average more for the Medicare surcharge.

11,100 people earned a salary or wage and took home an average of $52,856 each.

Government allowance and payments were collected by 450 people for on average $5,673. 100 people received the pension or other allowance.

Charitable gifts and donations of an average of $864 were made by 2,625 people.

The costs of tax affairs for 3,625 people were claimed for $958 each.