TaxStats for postcode 4007 FY2013
Postcode 4007 includes Ascot, Hamilton, Hamilton, Hamilton Central, Hamilton Central in Queensland, and is in the federal electorate of Brisbane.
In FY 2013 the ATO recorded 8,025 individuals in postcode 4007. Of these people, 7,965 made a taxable income or loss. 6,835 of the population paid a gross amount of tax. After tax offsets, 6,480 people actually paid a net amount of tax. There were 1,485 non-taxable people who paid net tax of $0.
Compare TaxStats of 4007 with QLD
| 4007 TaxStats FY2013 | %Ppl | #Ppl | 4007 Avg | 4007 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 8,025 | ||
| Income | ||||
| Salary or Wage | 77% | 6,180 | $75,490 | $466,525,582 |
| Gross Interest | 63% | 5,080 | $4,292 | $21,802,719 |
| Unfranked Dividends | 12% | 980 | $2,140 | $2,096,747 |
| Franked Dividends | 28% | 2,285 | $21,368 | $48,826,329 |
| Dividend Franking Credit | 28% | 2,275 | $9,180 | $20,884,733 |
| Capital Gains | 7% | 570 | $30,902 | $17,613,971 |
| Termination Payouts | 3% | 210 | $28,131 | $5,907,528 |
| Tips/Directors Fees etc | 15% | 1,235 | $13,774 | $17,010,677 |
| Business Income | 9% | 760 | $74,078 | $56,299,554 |
| Foreign Income | 9% | 710 | $2,408 | $1,709,547 |
| Government payments | 4% | 355 | $4,986 | $1,770,043 |
| Government pensions | 3% | 205 | $10,169 | $2,084,706 |
| Total Income or Loss | 100% | 8,005 | $101,983 | $816,373,536 |
| Deducations | ||||
| Charitable Gifts | 35% | 2,815 | $2,809 | $7,907,365 |
| Cost of Tax Affairs | 48% | 3,845 | $841 | $3,234,005 |
| Work Car expenses | 23% | 1,845 | $3,346 | $6,172,764 |
| Work Travel expenses | 13% | 1,010 | $2,085 | $2,105,411 |
| Self Education expenses | 5% | 390 | $2,514 | $980,266 |
| Total Deductions | 82% | 6,570 | $6,140 | $40,340,913 |
| Taxation | ||||
| Taxable Income | 99% | 7,965 | $97,142 | $773,739,902 |
| Medicare Levy | 77% | 6,175 | $1,755 | $10,836,585 |
| Medicare Surcharge | 2% | 160 | $1,461 | $233,786 |
| Gross Tax | 85% | 6,835 | $33,395 | $228,255,013 |
| Net Tax | 81% | 6,480 | $36,266 | $235,002,643 |
| Average Tax | 100% | 8,025 | $29,284 | $235,002,643 |
| Gross Tax Rate | 85% | 6,835 | 34% | $228,255,013 |
| Net Tax Rate | 81% | 6,480 | 37% | $235,002,643 |
| Average Tax Rate | 100% | 8,025 | 30% | $235,002,643 |
| %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 $97,142. It is estimated that the average taxable income for people who paid a net amount of tax was $116654.
The average net tax paid was $36,266. This equates to an average tax of 37 cents in the dollar on taxable income.
The Medicare levy was paid by 6,175 people for an average of $1,755. 160 people paid $1,461 on average more for the Medicare surcharge.
6,180 people earned a salary or wage and took home an average of $75,490 each.
Government allowance and payments were collected by 355 people for on average $4,986. 205 people received the pension or other allowance.
Charitable gifts and donations of an average of $2,809 were made by 2,815 people.
The costs of tax affairs for 3,845 people were claimed for $841 each.