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 | #Ppl | 4006 Avg | 4006 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 8,775 | ||
| Income | ||||
| Salary or Wage | 87% | 7,600 | $67,818 | $515,418,403 |
| Gross Interest | 56% | 4,940 | $1,890 | $9,336,862 |
| Unfranked Dividends | 6% | 530 | $1,500 | $794,839 |
| Franked Dividends | 16% | 1,395 | $22,547 | $31,452,951 |
| Dividend Franking Credit | 16% | 1,390 | $9,696 | $13,476,898 |
| Capital Gains | 4% | 320 | $41,650 | $13,328,081 |
| Termination Payouts | 2% | 215 | $12,330 | $2,650,944 |
| Tips/Directors Fees etc | 13% | 1,175 | $6,797 | $7,986,061 |
| Business Income | 8% | 660 | $35,771 | $23,608,621 |
| Foreign Income | 5% | 420 | $1,734 | $728,288 |
| Government payments | 7% | 605 | $5,682 | $3,437,473 |
| Government pensions | 1% | 105 | $9,313 | $977,914 |
| Total Income or Loss | 100% | 8,740 | $80,017 | $699,347,290 |
| Deducations | ||||
| Charitable Gifts | 31% | 2,730 | $1,082 | $2,954,565 |
| Cost of Tax Affairs | 40% | 3,535 | $1,219 | $4,309,050 |
| Work Car expenses | 21% | 1,830 | $3,012 | $5,512,294 |
| Work Travel expenses | 14% | 1,215 | $1,522 | $1,848,685 |
| Self Education expenses | 7% | 585 | $2,783 | $1,628,025 |
| Total Deductions | 80% | 7,055 | $4,096 | $28,894,290 |
| Taxation | ||||
| Taxable Income | 99% | 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.