TaxStats for postcode 4006 FY2013

Postcode 4006 includes Bowen Hills, Bowen Hills, Fortitude Valley, Fortitude Valley Bc, Herston, Herston, Newstead in Queensland, and is in the federal electorate of Brisbane.

In FY 2013 the ATO recorded 8,775 individuals in postcode 4006. Of these people, 8,720 made a taxable income or loss. 7,305 of the population paid a gross amount of tax. After tax offsets, 6,945 people actually paid a net amount of tax. There were 1,775 non-taxable people who paid net tax of $0.

Compare TaxStats of 4006 with QLD

4006 TaxStats FY2013%Ppl#Ppl4006
Total Individuals100%8,775
Salary or Wage 87%7,600$67,818$515,418,403
Gross Interest56%4,940$1,890$9,336,862
Unfranked Dividends6%530$1,500$794,839
Franked Dividends16%1,395$22,547$31,452,951
Dividend Franking Credit16%1,390$9,696$13,476,898
Capital Gains4%320$41,650$13,328,081
Termination Payouts2%215$12,330$2,650,944
Tips/Directors Fees etc13%1,175$6,797$7,986,061
Business Income8%660$35,771$23,608,621
Foreign Income5%420$1,734$728,288
Government payments7%605$5,682$3,437,473
Government pensions1%105$9,313$977,914
Total Income or Loss100%8,740$80,017$699,347,290
Charitable Gifts31%2,730$1,082$2,954,565
Cost of Tax Affairs40%3,535$1,219$4,309,050
Work Car expenses21%1,830$3,012$5,512,294
Work Travel expenses14%1,215$1,522$1,848,685
Self Education expenses7%585$2,783$1,628,025
Total Deductions80%7,055$4,096$28,894,290
Taxable Income99%8,720$76,608$668,024,371
Medicare Levy 73%6,375$1,431$9,121,273
Medicare Surcharge 3%235$1,332$313,088
Gross Tax 83%7,305$24,514$179,072,658
Net Tax 79%6,945$26,413$183,434,848
Average Tax 100%8,775 $20,904$183,434,848
Gross Tax Rate 83%7,305 32%$179,072,658
Net Tax Rate 79%6,945 34%$183,434,848
Average Tax Rate 100%8,775 27%$183,434,848
%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 $76,608. It is estimated that the average taxable income for people who paid a net amount of tax was $93121.

The average net tax paid was $26,413. This equates to an average tax of 34 cents in the dollar on taxable income.

The Medicare levy was paid by 6,375 people for an average of $1,431. 235 people paid $1,332 on average more for the Medicare surcharge.

7,600 people earned a salary or wage and took home an average of $67,818 each.

Government allowance and payments were collected by 605 people for on average $5,682. 105 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,082 were made by 2,730 people.

The costs of tax affairs for 3,535 people were claimed for $1,219 each.