TaxStats for postcode 4305 FY2013
Postcode 4305 includes Basin Pocket, Brassall, Bremer, Churchill, Coalfalls, East Ipswich, Eastern Heights, Flinders View, Ipswich, Leichhardt, Limestone Ridges, Moores Pocket, Newtown, North Ipswich, North Tivoli, One Mile, Raceview, Sadliers Crossing, Tivoli, West Ipswich, Woodend, Wulkuraka, Yamanto in Queensland, and is in the federal electorate of Blair.
In FY 2013 the ATO recorded 30,155 individuals in postcode 4305. Of these people, 30,045 made a taxable income or loss. 25,015 of the population paid a gross amount of tax. After tax offsets, 23,090 people actually paid a net amount of tax. There were 6,955 non-taxable people who paid net tax of $0.
Compare TaxStats of 4305 with QLD
| 4305 TaxStats FY2013 | %Ppl | #Ppl | 4305 Avg | 4305 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 30,155 | ||
| Income | ||||
| Salary or Wage | 86% | 25,945 | $49,628 | $1,287,592,417 |
| Gross Interest | 48% | 14,360 | $1,318 | $18,924,197 |
| Unfranked Dividends | 7% | 2,035 | $311 | $632,455 |
| Franked Dividends | 15% | 4,590 | $2,809 | $12,894,487 |
| Dividend Franking Credit | 15% | 4,570 | $1,208 | $5,521,971 |
| Capital Gains | 2% | 745 | $6,773 | $5,045,648 |
| Termination Payouts | 3% | 815 | $6,196 | $5,049,738 |
| Tips/Directors Fees etc | 22% | 6,600 | $2,223 | $14,673,623 |
| Business Income | 6% | 1,815 | $16,535 | $30,011,627 |
| Foreign Income | 4% | 1,150 | $477 | $548,315 |
| Government payments | 9% | 2,735 | $5,383 | $14,722,425 |
| Government pensions | 6% | 1,895 | $9,403 | $17,818,121 |
| Total Income or Loss | 100% | 30,075 | $49,509 | $1,488,984,282 |
| Deducations | ||||
| Charitable Gifts | 36% | 10,830 | $285 | $3,083,082 |
| Cost of Tax Affairs | 51% | 15,255 | $233 | $3,557,495 |
| Work Car expenses | 29% | 8,705 | $2,366 | $20,594,537 |
| Work Travel expenses | 10% | 2,985 | $1,675 | $5,001,178 |
| Self Education expenses | 4% | 1,300 | $1,498 | $1,947,923 |
| Total Deductions | 86% | 26,005 | $2,396 | $62,300,785 |
| Taxation | ||||
| Taxable Income | 100% | 30,045 | $47,450 | $1,425,623,444 |
| Medicare Levy | 71% | 21,400 | $859 | $18,391,262 |
| Medicare Surcharge | 1% | 325 | $1,187 | $385,867 |
| Gross Tax | 83% | 25,015 | $10,127 | $253,326,884 |
| Net Tax | 77% | 23,090 | $11,160 | $257,686,265 |
| Average Tax | 100% | 30,155 | $8,545 | $257,686,265 |
| Gross Tax Rate | 83% | 25,015 | 21% | $253,326,884 |
| Net Tax Rate | 77% | 23,090 | 24% | $257,686,265 |
| Average Tax Rate | 100% | 30,155 | 18% | $257,686,265 |
| %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 $47,450. It is estimated that the average taxable income for people who paid a net amount of tax was $58127.
The average net tax paid was $11,160. This equates to an average tax of 24 cents in the dollar on taxable income.
The Medicare levy was paid by 21,400 people for an average of $859. 325 people paid $1,187 on average more for the Medicare surcharge.
25,945 people earned a salary or wage and took home an average of $49,628 each.
Government allowance and payments were collected by 2,735 people for on average $5,383. 1,895 people received the pension or other allowance.
Charitable gifts and donations of an average of $285 were made by 10,830 people.
The costs of tax affairs for 15,255 people were claimed for $233 each.