TaxStats for postcode 4304 FY2013

Postcode 4304 includes Blackstone, Booval, Booval Bc, Booval Dc, Booval Fair, Bundamba, Ebbw Vale, North Booval, Silkstone in Queensland, and is in the federal electorate of Blair.

In FY 2013 the ATO recorded 7,535 individuals in postcode 4304. Of these people, 7,510 made a taxable income or loss. 6,110 of the population paid a gross amount of tax. After tax offsets, 5,590 people actually paid a net amount of tax. There were 1,920 non-taxable people who paid net tax of $0.

Compare TaxStats of 4304 with QLD

4304 TaxStats FY2013%Ppl#Ppl4304
Total Individuals100%7,535
Salary or Wage 85%6,430$46,906$301,606,731
Gross Interest47%3,510$1,059$3,717,310
Unfranked Dividends6%470$217$101,944
Franked Dividends15%1,110$2,310$2,563,882
Dividend Franking Credit15%1,105$995$1,098,943
Capital Gains2%170$6,608$1,123,439
Termination Payouts3%215$6,230$1,339,349
Tips/Directors Fees etc21%1,550$2,111$3,271,376
Business Income6%450$15,722$7,074,729
Foreign Income3%240$434$104,203
Government payments11%820$5,556$4,555,598
Government pensions8%580$9,496$5,507,406
Total Income or Loss100%7,515$46,402$348,709,972
Charitable Gifts35%2,640$331$874,471
Cost of Tax Affairs49%3,670$221$811,579
Work Car expenses24%1,845$2,373$4,378,808
Work Travel expenses9%690$1,812$1,250,232
Self Education expenses4%290$1,312$380,454
Total Deductions85%6,405$2,158$13,822,676
Taxable Income100%7,510$44,568$334,703,966
Medicare Levy 70%5,245$823$4,318,117
Medicare Surcharge 1%75$1,119$83,948
Gross Tax 81%6,110$9,314$56,907,735
Net Tax 74%5,590$10,294$57,546,139
Average Tax 100%7,535 $7,637$57,546,139
Gross Tax Rate 81%6,110 21%$56,907,735
Net Tax Rate 74%5,590 23%$57,546,139
Average Tax Rate 100%7,535 17%$57,546,139
%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 $44,568. It is estimated that the average taxable income for people who paid a net amount of tax was $55754.

The average net tax paid was $10,294. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 5,245 people for an average of $823. 75 people paid $1,119 on average more for the Medicare surcharge.

6,430 people earned a salary or wage and took home an average of $46,906 each.

Government allowance and payments were collected by 820 people for on average $5,556. 580 people received the pension or other allowance.

Charitable gifts and donations of an average of $331 were made by 2,640 people.

The costs of tax affairs for 3,670 people were claimed for $221 each.