TaxStats for postcode 4068 FY2013

Postcode 4068 includes Chelmer, Chelmer, Indooroopilly, Indooroopilly, Indooroopilly Centre, Taringa, Taringa in Queensland, and is in the federal electorate of Moreton.

In FY 2013 the ATO recorded 14,535 individuals in postcode 4068. Of these people, 14,440 made a taxable income or loss. 11,510 of the population paid a gross amount of tax. After tax offsets, 10,730 people actually paid a net amount of tax. There were 3,710 non-taxable people who paid net tax of $0.

Compare TaxStats of 4068 with QLD

4068 TaxStats FY2013%Ppl#Ppl4068
Total Individuals100%14,535
Salary or Wage 78%11,315$67,681$765,813,577
Gross Interest68%9,825$2,843$27,933,755
Unfranked Dividends13%1,880$1,502$2,823,596
Franked Dividends28%4,135$13,360$55,244,556
Dividend Franking Credit28%4,125$5,734$23,654,673
Capital Gains7%975$29,788$29,042,814
Termination Payouts2%345$26,714$9,216,278
Tips/Directors Fees etc14%2,015$5,996$12,082,104
Business Income8%1,135$48,405$54,939,924
Foreign Income11%1,555$4,378$6,808,256
Government payments8%1,140$5,886$6,710,372
Government pensions3%425$9,577$4,070,173
Total Income or Loss100%14,470$79,620$1,152,101,342
Charitable Gifts37%5,435$808$4,391,117
Cost of Tax Affairs40%5,860$643$3,770,207
Work Car expenses18%2,560$2,524$6,461,371
Work Travel expenses10%1,445$1,493$2,156,874
Self Education expenses5%720$2,190$1,576,786
Total Deductions79%11,410$3,881$44,287,344
Taxable Income99%14,440$76,602$1,106,137,199
Medicare Levy 69%10,100$1,496$15,113,158
Medicare Surcharge 1%190$1,193$226,728
Gross Tax 79%11,510$25,863$297,687,510
Net Tax 74%10,730$28,317$303,841,915
Average Tax 100%14,535 $20,904$303,841,915
Gross Tax Rate 79%11,510 34%$297,687,510
Net Tax Rate 74%10,730 37%$303,841,915
Average Tax Rate 100%14,535 27%$303,841,915
%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 $76,602. It is estimated that the average taxable income for people who paid a net amount of tax was $98939.

The average net tax paid was $28,317. This equates to an average tax of 37 cents in the dollar on taxable income.

The Medicare levy was paid by 10,100 people for an average of $1,496. 190 people paid $1,193 on average more for the Medicare surcharge.

11,315 people earned a salary or wage and took home an average of $67,681 each.

Government allowance and payments were collected by 1,140 people for on average $5,886. 425 people received the pension or other allowance.

Charitable gifts and donations of an average of $808 were made by 5,435 people.

The costs of tax affairs for 5,860 people were claimed for $643 each.