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#Ppl4305
Total Individuals100%30,155
Salary or Wage 86%25,945$49,628$1,287,592,417
Gross Interest48%14,360$1,318$18,924,197
Unfranked Dividends7%2,035$311$632,455
Franked Dividends15%4,590$2,809$12,894,487
Dividend Franking Credit15%4,570$1,208$5,521,971
Capital Gains2%745$6,773$5,045,648
Termination Payouts3%815$6,196$5,049,738
Tips/Directors Fees etc22%6,600$2,223$14,673,623
Business Income6%1,815$16,535$30,011,627
Foreign Income4%1,150$477$548,315
Government payments9%2,735$5,383$14,722,425
Government pensions6%1,895$9,403$17,818,121
Total Income or Loss100%30,075$49,509$1,488,984,282
Charitable Gifts36%10,830$285$3,083,082
Cost of Tax Affairs51%15,255$233$3,557,495
Work Car expenses29%8,705$2,366$20,594,537
Work Travel expenses10%2,985$1,675$5,001,178
Self Education expenses4%1,300$1,498$1,947,923
Total Deductions86%26,005$2,396$62,300,785
Taxable Income100%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.