TaxStats for postcode 4032 FY2013
Postcode 4032 includes Chermside, Chermside, Chermside Bc, Chermside Centre, Chermside South, Chermside South, Chermside West, Chermside West in Queensland, and is in the federal electorate of Lilley.
In FY 2013 the ATO recorded 8,985 individuals in postcode 4032. Of these people, 8,955 made a taxable income or loss. 7,365 of the population paid a gross amount of tax. After tax offsets, 6,735 people actually paid a net amount of tax. There were 2,220 non-taxable people who paid net tax of $0.
Compare TaxStats of 4032 with QLD
| 4032 TaxStats FY2013 | %Ppl | #Ppl | 4032 Avg | 4032 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 8,985 | ||
| Income | ||||
| Salary or Wage | 81% | 7,255 | $53,899 | $391,039,268 |
| Gross Interest | 58% | 5,255 | $2,166 | $11,381,807 |
| Unfranked Dividends | 9% | 770 | $724 | $557,666 |
| Franked Dividends | 22% | 1,935 | $6,034 | $11,676,557 |
| Dividend Franking Credit | 21% | 1,925 | $2,600 | $5,004,303 |
| Capital Gains | 4% | 350 | $9,740 | $3,408,945 |
| Termination Payouts | 3% | 260 | $8,586 | $2,232,317 |
| Tips/Directors Fees etc | 17% | 1,515 | $2,702 | $4,092,971 |
| Business Income | 7% | 620 | $20,459 | $12,684,383 |
| Foreign Income | 6% | 540 | $995 | $537,061 |
| Government payments | 6% | 570 | $5,251 | $2,993,011 |
| Government pensions | 6% | 575 | $9,636 | $5,540,668 |
| Total Income or Loss | 100% | 8,965 | $53,554 | $480,111,555 |
| Deducations | ||||
| Charitable Gifts | 36% | 3,275 | $388 | $1,269,952 |
| Cost of Tax Affairs | 45% | 4,035 | $286 | $1,155,186 |
| Work Car expenses | 21% | 1,930 | $2,544 | $4,910,565 |
| Work Travel expenses | 11% | 1,000 | $1,293 | $1,293,385 |
| Self Education expenses | 5% | 410 | $2,205 | $904,200 |
| Total Deductions | 82% | 7,360 | $2,575 | $18,949,257 |
| Taxation | ||||
| Taxable Income | 100% | 8,955 | $51,445 | $460,692,752 |
| Medicare Levy | 71% | 6,350 | $954 | $6,060,610 |
| Medicare Surcharge | 1% | 125 | $1,104 | $138,021 |
| Gross Tax | 82% | 7,365 | $12,222 | $90,014,098 |
| Net Tax | 75% | 6,735 | $13,600 | $91,597,789 |
| Average Tax | 100% | 8,985 | $10,195 | $91,597,789 |
| Gross Tax Rate | 82% | 7,365 | 24% | $90,014,098 |
| Net Tax Rate | 75% | 6,735 | 26% | $91,597,789 |
| Average Tax Rate | 100% | 8,985 | 20% | $91,597,789 |
| %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 $51,445. It is estimated that the average taxable income for people who paid a net amount of tax was $64447.
The average net tax paid was $13,600. This equates to an average tax of 26 cents in the dollar on taxable income.
The Medicare levy was paid by 6,350 people for an average of $954. 125 people paid $1,104 on average more for the Medicare surcharge.
7,255 people earned a salary or wage and took home an average of $53,899 each.
Government allowance and payments were collected by 570 people for on average $5,251. 575 people received the pension or other allowance.
Charitable gifts and donations of an average of $388 were made by 3,275 people.
The costs of tax affairs for 4,035 people were claimed for $286 each.