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#Ppl4127
Total Individuals100%14,715
Salary or Wage 84%12,305$50,117$616,688,739
Gross Interest50%7,375$1,230$9,073,963
Unfranked Dividends6%930$341$317,017
Franked Dividends15%2,270$4,913$11,152,660
Dividend Franking Credit15%2,260$2,112$4,772,225
Capital Gains3%410$7,966$3,266,113
Termination Payouts3%420$8,284$3,479,180
Tips/Directors Fees etc18%2,660$3,393$9,024,607
Business Income8%1,190$20,860$24,822,848
Foreign Income4%580$1,722$999,007
Government payments8%1,135$5,316$6,034,109
Government pensions5%780$9,352$7,294,615
Total Income or Loss100%14,675$50,790$745,338,813
Charitable Gifts34%4,990$344$1,714,563
Cost of Tax Affairs48%7,100$287$2,036,755
Work Car expenses28%4,065$2,574$10,465,127
Work Travel expenses11%1,630$1,617$2,635,523
Self Education expenses4%630$1,725$1,086,631
Total Deductions84%12,350$2,669$32,959,493
Taxable Income100%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.