TaxStats for postcode 4814 FY2013

Postcode 4814 includes Aitkenvale, Aitkenvale Bc, Annandale, Cranbrook, Douglas, Garbutt, Garbutt Bc, Garbutt East, Heatley, Mount Louisa, Murray, Thuringowa Dc, Vincent in Queensland, and is in the federal electorate of Herbert.

In FY 2013 the ATO recorded 25,865 individuals in postcode 4814. Of these people, 25,765 made a taxable income or loss. 21,730 of the population paid a gross amount of tax. After tax offsets, 20,285 people actually paid a net amount of tax. There were 5,480 non-taxable people who paid net tax of $0.

Compare TaxStats of 4814 with QLD

4814 TaxStats FY2013%Ppl#Ppl4814
Total Individuals100%25,865
Salary or Wage 87%22,595$56,161$1,268,950,393
Gross Interest53%13,725$1,444$19,817,240
Unfranked Dividends8%1,985$443$879,036
Franked Dividends17%4,520$4,903$22,162,850
Dividend Franking Credit17%4,500$2,109$9,490,036
Capital Gains4%930$8,763$8,149,895
Termination Payouts2%605$8,389$5,075,364
Tips/Directors Fees etc21%5,560$2,142$11,910,843
Business Income6%1,575$29,834$46,988,505
Foreign Income6%1,485$781$1,160,467
Government payments8%1,965$5,331$10,475,449
Government pensions5%1,285$8,920$11,462,485
Total Income or Loss100%25,800$58,050$1,497,683,798
Charitable Gifts40%10,430$253$2,643,735
Cost of Tax Affairs55%14,205$264$3,753,533
Work Car expenses28%7,125$1,962$13,980,484
Work Travel expenses8%2,050$2,165$4,438,531
Self Education expenses5%1,185$1,653$1,958,448
Total Deductions88%22,685$2,515$57,055,182
Taxable Income100%25,765$55,859$1,439,209,458
Medicare Levy 73%18,755$1,001$18,781,987
Medicare Surcharge 2%490$1,125$551,229
Gross Tax 84%21,730$13,542$294,272,293
Net Tax 78%20,285$14,655$297,270,723
Average Tax 100%25,865 $11,493$297,270,723
Gross Tax Rate 84%21,730 24%$294,272,293
Net Tax Rate 78%20,285 26%$297,270,723
Average Tax Rate 100%25,865 21%$297,270,723
%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 $55,859. It is estimated that the average taxable income for people who paid a net amount of tax was $67708.

The average net tax paid was $14,655. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 18,755 people for an average of $1,001. 490 people paid $1,125 on average more for the Medicare surcharge.

22,595 people earned a salary or wage and took home an average of $56,161 each.

Government allowance and payments were collected by 1,965 people for on average $5,331. 1,285 people received the pension or other allowance.

Charitable gifts and donations of an average of $253 were made by 10,430 people.

The costs of tax affairs for 14,205 people were claimed for $264 each.