TaxStats for postcode 4066 FY2013
Postcode 4066 includes Auchenflower, Mount Coot-Tha, Toowong, Toowong Bc, Toowong Dc in Queensland, and is in the federal electorate of Brisbane.
In FY 2013 the ATO recorded 11,100 individuals in postcode 4066. Of these people, 11,015 made a taxable income or loss. 9,015 of the population paid a gross amount of tax. After tax offsets, 8,470 people actually paid a net amount of tax. There were 2,545 non-taxable people who paid net tax of $0.
Compare TaxStats of 4066 with QLD
| 4066 TaxStats FY2013 | %Ppl | #Ppl | 4066 Avg | 4066 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 11,100 | ||
| Income | ||||
| Salary or Wage | 83% | 9,170 | $63,994 | $586,823,149 |
| Gross Interest | 66% | 7,280 | $2,084 | $15,168,054 |
| Unfranked Dividends | 11% | 1,195 | $1,725 | $2,061,583 |
| Franked Dividends | 24% | 2,625 | $8,139 | $21,364,688 |
| Dividend Franking Credit | 24% | 2,610 | $3,505 | $9,147,262 |
| Capital Gains | 5% | 545 | $12,002 | $6,541,050 |
| Termination Payouts | 2% | 265 | $21,033 | $5,573,703 |
| Tips/Directors Fees etc | 15% | 1,670 | $5,122 | $8,553,928 |
| Business Income | 9% | 955 | $42,136 | $40,239,725 |
| Foreign Income | 8% | 920 | $1,954 | $1,797,378 |
| Government payments | 9% | 950 | $5,647 | $5,364,839 |
| Government pensions | 2% | 250 | $9,497 | $2,374,296 |
| Total Income or Loss | 100% | 11,055 | $70,918 | $784,003,745 |
| Deducations | ||||
| Charitable Gifts | 36% | 3,975 | $735 | $2,921,164 |
| Cost of Tax Affairs | 40% | 4,445 | $1,119 | $4,975,508 |
| Work Car expenses | 19% | 2,130 | $2,699 | $5,749,545 |
| Work Travel expenses | 12% | 1,325 | $1,479 | $1,960,234 |
| Self Education expenses | 6% | 620 | $2,286 | $1,417,218 |
| Total Deductions | 80% | 8,845 | $4,032 | $35,665,699 |
| Taxation | ||||
| Taxable Income | 99% | 11,015 | $67,813 | $746,957,136 |
| Medicare Levy | 72% | 7,950 | $1,291 | $10,263,974 |
| Medicare Surcharge | 2% | 195 | $1,088 | $212,157 |
| Gross Tax | 81% | 9,015 | $20,378 | $183,707,350 |
| Net Tax | 76% | 8,470 | $22,252 | $188,470,244 |
| Average Tax | 100% | 11,100 | $16,979 | $188,470,244 |
| Gross Tax Rate | 81% | 9,015 | 30% | $183,707,350 |
| Net Tax Rate | 76% | 8,470 | 33% | $188,470,244 |
| Average Tax Rate | 100% | 11,100 | 25% | $188,470,244 |
| %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 $67,813. It is estimated that the average taxable income for people who paid a net amount of tax was $84583.
The average net tax paid was $22,252. This equates to an average tax of 33 cents in the dollar on taxable income.
The Medicare levy was paid by 7,950 people for an average of $1,291. 195 people paid $1,088 on average more for the Medicare surcharge.
9,170 people earned a salary or wage and took home an average of $63,994 each.
Government allowance and payments were collected by 950 people for on average $5,647. 250 people received the pension or other allowance.
Charitable gifts and donations of an average of $735 were made by 3,975 people.
The costs of tax affairs for 4,445 people were claimed for $1,119 each.