TaxStats for postcode 4306 FY2013

Postcode 4306 includes Amberley, Avoca Vale, Banks Creek, Barellan Point, Barellan Point, Benarkin, Benarkin North, Blackbutt, Blackbutt North, Blackbutt South, Blacksoil, Borallon, Cherry Creek, Chuwar, Colinton, Deebing Heights, Dundas, Dundas, England Creek, Fairney View, Fernvale, Glamorgan Vale, Googa Creek, Googa Creek, Goolman, Haigslea, Harlin, Ironbark, Karalee, Karalee, Karana Downs, Karana Downs, Karrabin, Kholo, Kholo, Lake Manchester, Lark Hill, Linville, Moore, Mount Binga, Mount Binga, Mount Crosby, Mount Crosby, Mount Marrow, Mount Stanley, Muirlea, Nukku, Peak Crossing, Pine Mountain, Purga, Ripley, South Ripley, Split Yard Creek, Swanbank, Taromeo, Teelah, Thagoona, Vernor, Walloon, Wanora, Washpool, West Amberley, White Rock, Willowbank, Wivenhoe Pocket in Queensland, and is in the federal electorate of Blair.

In FY 2013 the ATO recorded 17,985 individuals in postcode 4306. Of these people, 17,860 made a taxable income or loss. 14,585 of the population paid a gross amount of tax. After tax offsets, 13,525 people actually paid a net amount of tax. There were 4,335 non-taxable people who paid net tax of $0.

Compare TaxStats of 4306 with QLD

4306 TaxStats FY2013	%Ppl	#Ppl	4306 Avg	4306 Total
Total Individuals	100%	17,985
Income
Salary or Wage	83%	14,865	$55,241	$821,162,540
Gross Interest	53%	9,555	$1,339	$12,798,548
Unfranked Dividends	9%	1,635	$428	$700,596
Franked Dividends	20%	3,535	$3,997	$14,130,931
Dividend Franking Credit	20%	3,515	$1,722	$6,051,546
Capital Gains	4%	675	$8,264	$5,578,016
Termination Payouts	3%	515	$10,291	$5,299,955
Tips/Directors Fees etc	20%	3,685	$3,123	$11,508,144
Business Income	8%	1,525	$13,596	$20,733,729
Foreign Income	5%	930	$936	$870,107
Government payments	6%	1,055	$5,170	$5,454,078
Government pensions	5%	825	$9,217	$7,604,105
Total Income or Loss	100%	17,920	$54,727	$980,704,281
Deducations
Charitable Gifts	34%	6,035	$321	$1,935,231
Cost of Tax Affairs	49%	8,880	$304	$2,696,281
Work Car expenses	28%	4,960	$2,615	$12,969,470
Work Travel expenses	10%	1,825	$2,251	$4,107,540
Self Education expenses	4%	665	$1,570	$1,044,203
Total Deductions	84%	15,190	$2,814	$42,738,095
Taxation
Taxable Income	99%	17,860	$52,428	$936,367,845
Medicare Levy	71%	12,845	$976	$12,531,016
Medicare Surcharge	1%	255	$1,140	$290,664
Gross Tax	81%	14,585	$12,778	$186,364,786
Net Tax	75%	13,525	$13,990	$189,209,991
Average Tax	100%	17,985	$10,520	$189,209,991
Gross Tax Rate	81%	14,585	24%	$186,364,786
Net Tax Rate	75%	13,525	27%	$189,209,991
Average Tax Rate	100%	17,985	20%	$189,209,991

%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 $52,428. It is estimated that the average taxable income for people who paid a net amount of tax was $65386.

The average net tax paid was $13,990. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 12,845 people for an average of $976. 255 people paid $1,140 on average more for the Medicare surcharge.

14,865 people earned a salary or wage and took home an average of $55,241 each.

Government allowance and payments were collected by 1,055 people for on average $5,170. 825 people received the pension or other allowance.

Charitable gifts and donations of an average of $321 were made by 6,035 people.

The costs of tax affairs for 8,880 people were claimed for $304 each.