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#Ppl4032
Total Individuals100%8,985
Salary or Wage 81%7,255$53,899$391,039,268
Gross Interest58%5,255$2,166$11,381,807
Unfranked Dividends9%770$724$557,666
Franked Dividends22%1,935$6,034$11,676,557
Dividend Franking Credit21%1,925$2,600$5,004,303
Capital Gains4%350$9,740$3,408,945
Termination Payouts3%260$8,586$2,232,317
Tips/Directors Fees etc17%1,515$2,702$4,092,971
Business Income7%620$20,459$12,684,383
Foreign Income6%540$995$537,061
Government payments6%570$5,251$2,993,011
Government pensions6%575$9,636$5,540,668
Total Income or Loss100%8,965$53,554$480,111,555
Charitable Gifts36%3,275$388$1,269,952
Cost of Tax Affairs45%4,035$286$1,155,186
Work Car expenses21%1,930$2,544$4,910,565
Work Travel expenses11%1,000$1,293$1,293,385
Self Education expenses5%410$2,205$904,200
Total Deductions82%7,360$2,575$18,949,257
Taxable Income100%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.