TaxStats for postcode 4075 FY2013

Postcode 4075 includes Corinda, Corinda, Graceville, Graceville, Graceville East, Graceville East, Oxley, Oxley, Sherwood, Sherwood in Queensland, and is in the federal electorate of Moreton.

In FY 2013 the ATO recorded 13,550 individuals in postcode 4075. Of these people, 13,475 made a taxable income or loss. 11,140 of the population paid a gross amount of tax. After tax offsets, 10,385 people actually paid a net amount of tax. There were 3,090 non-taxable people who paid net tax of $0.

Compare TaxStats of 4075 with QLD

4075 TaxStats FY2013%Ppl#Ppl4075
Total Individuals100%13,550
Salary or Wage 81%10,975$65,192$715,478,373
Gross Interest63%8,590$2,030$17,440,845
Unfranked Dividends11%1,545$843$1,301,914
Franked Dividends26%3,520$8,300$29,216,522
Dividend Franking Credit26%3,505$3,569$12,508,466
Capital Gains5%735$32,859$24,151,662
Termination Payouts3%370$24,783$9,169,835
Tips/Directors Fees etc16%2,155$4,526$9,753,332
Business Income8%1,100$33,403$36,743,280
Foreign Income9%1,160$1,295$1,501,910
Government payments5%720$4,991$3,593,535
Government pensions4%580$9,378$5,439,262
Total Income or Loss100%13,500$71,618$966,840,192
Charitable Gifts39%5,310$521$2,763,896
Cost of Tax Affairs44%6,015$461$2,773,824
Work Car expenses22%2,920$2,413$7,046,802
Work Travel expenses10%1,395$1,422$1,983,857
Self Education expenses4%605$1,983$1,199,928
Total Deductions83%11,200$3,172$35,524,049
Taxable Income99%13,475$69,050$930,447,718
Medicare Levy 73%9,955$1,303$12,975,984
Medicare Surcharge 2%205$1,339$274,473
Gross Tax 82%11,140$20,654$230,084,576
Net Tax 77%10,385$22,717$235,920,305
Average Tax 100%13,550 $17,411$235,920,305
Gross Tax Rate 82%11,140 30%$230,084,576
Net Tax Rate 77%10,385 33%$235,920,305
Average Tax Rate 100%13,550 25%$235,920,305
%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 $69,050. It is estimated that the average taxable income for people who paid a net amount of tax was $86025.

The average net tax paid was $22,717. This equates to an average tax of 33 cents in the dollar on taxable income.

The Medicare levy was paid by 9,955 people for an average of $1,303. 205 people paid $1,339 on average more for the Medicare surcharge.

10,975 people earned a salary or wage and took home an average of $65,192 each.

Government allowance and payments were collected by 720 people for on average $4,991. 580 people received the pension or other allowance.

Charitable gifts and donations of an average of $521 were made by 5,310 people.

The costs of tax affairs for 6,015 people were claimed for $461 each.