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 | #Ppl | 4814 Avg | 4814 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 25,865 | ||
| Income | ||||
| Salary or Wage | 87% | 22,595 | $56,161 | $1,268,950,393 |
| Gross Interest | 53% | 13,725 | $1,444 | $19,817,240 |
| Unfranked Dividends | 8% | 1,985 | $443 | $879,036 |
| Franked Dividends | 17% | 4,520 | $4,903 | $22,162,850 |
| Dividend Franking Credit | 17% | 4,500 | $2,109 | $9,490,036 |
| Capital Gains | 4% | 930 | $8,763 | $8,149,895 |
| Termination Payouts | 2% | 605 | $8,389 | $5,075,364 |
| Tips/Directors Fees etc | 21% | 5,560 | $2,142 | $11,910,843 |
| Business Income | 6% | 1,575 | $29,834 | $46,988,505 |
| Foreign Income | 6% | 1,485 | $781 | $1,160,467 |
| Government payments | 8% | 1,965 | $5,331 | $10,475,449 |
| Government pensions | 5% | 1,285 | $8,920 | $11,462,485 |
| Total Income or Loss | 100% | 25,800 | $58,050 | $1,497,683,798 |
| Deducations | ||||
| Charitable Gifts | 40% | 10,430 | $253 | $2,643,735 |
| Cost of Tax Affairs | 55% | 14,205 | $264 | $3,753,533 |
| Work Car expenses | 28% | 7,125 | $1,962 | $13,980,484 |
| Work Travel expenses | 8% | 2,050 | $2,165 | $4,438,531 |
| Self Education expenses | 5% | 1,185 | $1,653 | $1,958,448 |
| Total Deductions | 88% | 22,685 | $2,515 | $57,055,182 |
| Taxation | ||||
| Taxable Income | 100% | 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.