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#Ppl4007
Total Individuals100%8,025
Salary or Wage 77%6,180$75,490$466,525,582
Gross Interest63%5,080$4,292$21,802,719
Unfranked Dividends12%980$2,140$2,096,747
Franked Dividends28%2,285$21,368$48,826,329
Dividend Franking Credit28%2,275$9,180$20,884,733
Capital Gains7%570$30,902$17,613,971
Termination Payouts3%210$28,131$5,907,528
Tips/Directors Fees etc15%1,235$13,774$17,010,677
Business Income9%760$74,078$56,299,554
Foreign Income9%710$2,408$1,709,547
Government payments4%355$4,986$1,770,043
Government pensions3%205$10,169$2,084,706
Total Income or Loss100%8,005$101,983$816,373,536
Charitable Gifts35%2,815$2,809$7,907,365
Cost of Tax Affairs48%3,845$841$3,234,005
Work Car expenses23%1,845$3,346$6,172,764
Work Travel expenses13%1,010$2,085$2,105,411
Self Education expenses5%390$2,514$980,266
Total Deductions82%6,570$6,140$40,340,913
Taxable Income99%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.