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 | #Ppl | 4068 Avg | 4068 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 14,535 | ||
| Income | ||||
| Salary or Wage | 78% | 11,315 | $67,681 | $765,813,577 |
| Gross Interest | 68% | 9,825 | $2,843 | $27,933,755 |
| Unfranked Dividends | 13% | 1,880 | $1,502 | $2,823,596 |
| Franked Dividends | 28% | 4,135 | $13,360 | $55,244,556 |
| Dividend Franking Credit | 28% | 4,125 | $5,734 | $23,654,673 |
| Capital Gains | 7% | 975 | $29,788 | $29,042,814 |
| Termination Payouts | 2% | 345 | $26,714 | $9,216,278 |
| Tips/Directors Fees etc | 14% | 2,015 | $5,996 | $12,082,104 |
| Business Income | 8% | 1,135 | $48,405 | $54,939,924 |
| Foreign Income | 11% | 1,555 | $4,378 | $6,808,256 |
| Government payments | 8% | 1,140 | $5,886 | $6,710,372 |
| Government pensions | 3% | 425 | $9,577 | $4,070,173 |
| Total Income or Loss | 100% | 14,470 | $79,620 | $1,152,101,342 |
| Deducations | ||||
| Charitable Gifts | 37% | 5,435 | $808 | $4,391,117 |
| Cost of Tax Affairs | 40% | 5,860 | $643 | $3,770,207 |
| Work Car expenses | 18% | 2,560 | $2,524 | $6,461,371 |
| Work Travel expenses | 10% | 1,445 | $1,493 | $2,156,874 |
| Self Education expenses | 5% | 720 | $2,190 | $1,576,786 |
| Total Deductions | 79% | 11,410 | $3,881 | $44,287,344 |
| Taxation | ||||
| Taxable Income | 99% | 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.