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 | #Ppl | 4000 Avg | 4000 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 12,580 | ||
| Income | ||||
| Salary or Wage | 88% | 11,100 | $52,856 | $586,699,124 |
| Gross Interest | 48% | 6,080 | $1,959 | $11,912,506 |
| Unfranked Dividends | 5% | 670 | $700 | $468,738 |
| Franked Dividends | 13% | 1,635 | $12,246 | $20,021,692 |
| Dividend Franking Credit | 13% | 1,625 | $5,273 | $8,568,554 |
| Capital Gains | 3% | 375 | $22,727 | $8,522,572 |
| Termination Payouts | 2% | 240 | $12,147 | $2,915,276 |
| Tips/Directors Fees etc | 11% | 1,325 | $7,759 | $10,280,353 |
| Business Income | 7% | 825 | $51,235 | $42,269,160 |
| Foreign Income | 4% | 490 | $1,349 | $660,875 |
| Government payments | 4% | 450 | $5,673 | $2,552,832 |
| Government pensions | 1% | 100 | $9,861 | $986,130 |
| Total Income or Loss | 100% | 12,530 | $60,157 | $753,765,026 |
| Deducations | ||||
| Charitable Gifts | 21% | 2,625 | $864 | $2,267,301 |
| Cost of Tax Affairs | 29% | 3,625 | $958 | $3,474,422 |
| Work Car expenses | 12% | 1,510 | $2,972 | $4,488,266 |
| Work Travel expenses | 9% | 1,140 | $1,558 | $1,776,328 |
| Self Education expenses | 5% | 570 | $2,539 | $1,447,164 |
| Total Deductions | 62% | 7,840 | $3,651 | $28,622,044 |
| Taxation | ||||
| Taxable Income | 99% | 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.