TaxStats for postcode 4060 FY2013

Postcode 4060 includes Ashgrove, Ashgrove, Ashgrove West, Ashgrove West, Dorrington, Dorrington in Queensland, and is in the federal electorate of Brisbane.

In FY 2013 the ATO recorded 8,045 individuals in postcode 4060. Of these people, 8,010 made a taxable income or loss. 6,655 of the population paid a gross amount of tax. After tax offsets, 6,280 people actually paid a net amount of tax. There were 1,730 non-taxable people who paid net tax of $0.

Compare TaxStats of 4060 with QLD

4060 TaxStats FY2013%Ppl#Ppl4060
Total Individuals100%8,045
Salary or Wage 81%6,500$73,833$479,911,316
Gross Interest64%5,165$2,071$10,694,833
Unfranked Dividends12%965$1,058$1,020,848
Franked Dividends30%2,385$7,844$18,708,855
Dividend Franking Credit30%2,375$3,376$8,018,635
Capital Gains7%535$13,320$7,126,398
Termination Payouts3%245$28,228$6,915,973
Tips/Directors Fees etc16%1,270$5,600$7,112,103
Business Income10%765$37,658$28,808,487
Foreign Income10%820$1,331$1,091,762
Government payments5%435$5,191$2,258,132
Government pensions3%240$8,772$2,105,235
Total Income or Loss100%8,030$80,687$647,918,906
Charitable Gifts43%3,465$667$2,309,536
Cost of Tax Affairs47%3,755$549$2,062,708
Work Car expenses24%1,935$2,980$5,767,266
Work Travel expenses12%930$1,503$1,397,784
Self Education expenses5%365$2,278$831,590
Total Deductions83%6,685$4,196$28,052,138
Taxable Income100%8,010$77,251$618,778,382
Medicare Levy 75%6,060$1,443$8,743,349
Medicare Surcharge 1%90$1,233$110,988
Gross Tax 83%6,655$24,118$160,506,830
Net Tax 78%6,280$26,203$164,557,626
Average Tax 100%8,045 $20,455$164,557,626
Gross Tax Rate 83%6,655 31%$160,506,830
Net Tax Rate 78%6,280 34%$164,557,626
Average Tax Rate 100%8,045 26%$164,557,626
%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 $77,251. It is estimated that the average taxable income for people who paid a net amount of tax was $95226.

The average net tax paid was $26,203. This equates to an average tax of 34 cents in the dollar on taxable income.

The Medicare levy was paid by 6,060 people for an average of $1,443. 90 people paid $1,233 on average more for the Medicare surcharge.

6,500 people earned a salary or wage and took home an average of $73,833 each.

Government allowance and payments were collected by 435 people for on average $5,191. 240 people received the pension or other allowance.

Charitable gifts and donations of an average of $667 were made by 3,465 people.

The costs of tax affairs for 3,755 people were claimed for $549 each.