TaxStats for postcode 4127 FY2013
Postcode 4127 includes Daisy Hill, Daisy Hill, Priestdale, Priestdale, Slacks Creek, Springwood, Springwood in Queensland, and is in the federal electorate of Forde.
In FY 2013 the ATO recorded 14,715 individuals in postcode 4127. Of these people, 14,660 made a taxable income or loss. 12,120 of the population paid a gross amount of tax. After tax offsets, 11,235 people actually paid a net amount of tax. There were 3,425 non-taxable people who paid net tax of $0.
Compare TaxStats of 4127 with QLD
| 4127 TaxStats FY2013 | %Ppl | #Ppl | 4127 Avg | 4127 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 14,715 | ||
| Income | ||||
| Salary or Wage | 84% | 12,305 | $50,117 | $616,688,739 |
| Gross Interest | 50% | 7,375 | $1,230 | $9,073,963 |
| Unfranked Dividends | 6% | 930 | $341 | $317,017 |
| Franked Dividends | 15% | 2,270 | $4,913 | $11,152,660 |
| Dividend Franking Credit | 15% | 2,260 | $2,112 | $4,772,225 |
| Capital Gains | 3% | 410 | $7,966 | $3,266,113 |
| Termination Payouts | 3% | 420 | $8,284 | $3,479,180 |
| Tips/Directors Fees etc | 18% | 2,660 | $3,393 | $9,024,607 |
| Business Income | 8% | 1,190 | $20,860 | $24,822,848 |
| Foreign Income | 4% | 580 | $1,722 | $999,007 |
| Government payments | 8% | 1,135 | $5,316 | $6,034,109 |
| Government pensions | 5% | 780 | $9,352 | $7,294,615 |
| Total Income or Loss | 100% | 14,675 | $50,790 | $745,338,813 |
| Deducations | ||||
| Charitable Gifts | 34% | 4,990 | $344 | $1,714,563 |
| Cost of Tax Affairs | 48% | 7,100 | $287 | $2,036,755 |
| Work Car expenses | 28% | 4,065 | $2,574 | $10,465,127 |
| Work Travel expenses | 11% | 1,630 | $1,617 | $2,635,523 |
| Self Education expenses | 4% | 630 | $1,725 | $1,086,631 |
| Total Deductions | 84% | 12,350 | $2,669 | $32,959,493 |
| Taxation | ||||
| Taxable Income | 100% | 14,660 | $48,533 | $711,492,813 |
| Medicare Levy | 73% | 10,710 | $892 | $9,554,284 |
| Medicare Surcharge | 1% | 210 | $1,281 | $269,058 |
| Gross Tax | 82% | 12,120 | $10,811 | $131,023,598 |
| Net Tax | 76% | 11,235 | $11,900 | $133,691,598 |
| Average Tax | 100% | 14,715 | $9,085 | $133,691,598 |
| Gross Tax Rate | 82% | 12,120 | 22% | $131,023,598 |
| Net Tax Rate | 76% | 11,235 | 25% | $133,691,598 |
| Average Tax Rate | 100% | 14,715 | 19% | $133,691,598 |
| %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 $48,533. It is estimated that the average taxable income for people who paid a net amount of tax was $59670.
The average net tax paid was $11,900. This equates to an average tax of 25 cents in the dollar on taxable income.
The Medicare levy was paid by 10,710 people for an average of $892. 210 people paid $1,281 on average more for the Medicare surcharge.
12,305 people earned a salary or wage and took home an average of $50,117 each.
Government allowance and payments were collected by 1,135 people for on average $5,316. 780 people received the pension or other allowance.
Charitable gifts and donations of an average of $344 were made by 4,990 people.
The costs of tax affairs for 7,100 people were claimed for $287 each.