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 | #Ppl | 4304 Avg | 4304 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 7,535 | ||
| Income | ||||
| Salary or Wage | 85% | 6,430 | $46,906 | $301,606,731 |
| Gross Interest | 47% | 3,510 | $1,059 | $3,717,310 |
| Unfranked Dividends | 6% | 470 | $217 | $101,944 |
| Franked Dividends | 15% | 1,110 | $2,310 | $2,563,882 |
| Dividend Franking Credit | 15% | 1,105 | $995 | $1,098,943 |
| Capital Gains | 2% | 170 | $6,608 | $1,123,439 |
| Termination Payouts | 3% | 215 | $6,230 | $1,339,349 |
| Tips/Directors Fees etc | 21% | 1,550 | $2,111 | $3,271,376 |
| Business Income | 6% | 450 | $15,722 | $7,074,729 |
| Foreign Income | 3% | 240 | $434 | $104,203 |
| Government payments | 11% | 820 | $5,556 | $4,555,598 |
| Government pensions | 8% | 580 | $9,496 | $5,507,406 |
| Total Income or Loss | 100% | 7,515 | $46,402 | $348,709,972 |
| Deducations | ||||
| Charitable Gifts | 35% | 2,640 | $331 | $874,471 |
| Cost of Tax Affairs | 49% | 3,670 | $221 | $811,579 |
| Work Car expenses | 24% | 1,845 | $2,373 | $4,378,808 |
| Work Travel expenses | 9% | 690 | $1,812 | $1,250,232 |
| Self Education expenses | 4% | 290 | $1,312 | $380,454 |
| Total Deductions | 85% | 6,405 | $2,158 | $13,822,676 |
| Taxation | ||||
| Taxable Income | 100% | 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.