Income tax expense · 2016–2025

Westpac Banking income tax expense

$2.0B−2.5% · FY2025

Westpac Banking (WEBNF) reported $2.0B in income tax expense for fiscal 2025, −2.5% year on year.

$2.4B2016$2.7B2017$2.7B2018$2.1B2019$1.4B2020$2.3B2021$1.9B2022$2.1B2023$2.1B2024$2.0B2025
Westpac Banking — Income tax expense, 2016–2025
Fiscal yearIncome tax expenseChangeFiling
FY20252025-09-30$2.0B−2.5%Open →
FY20242024-09-30$2.1B−0.1%Open →
FY20232023-09-30$2.1B+7.1%Open →
FY20222022-09-30$1.9B−15.7%Open →
FY20212021-09-30$2.3B+67.5%Open →
FY20202020-09-30$1.4B−33.7%Open →
FY20192019-09-30$2.1B−24.3%Open →
FY20182018-09-30$2.7B+0.6%Open →
FY20172017-09-30$2.7B+13.9%Open →
FY20162016-09-30$2.4B—Open →

Income tax expense — Income tax expense is the tax a company charged against profit in its income statement for the year. It is not the same as the cash it handed to tax authorities: deferred tax, provisions and timing differences separate the two, often by billions. The cash figure is a different line in the cash-flow statement.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2016–2025 compound annual growth −1.8%

Figures are reported under IFRS in AUD and converted to US dollars at ECB reference rates — fiscal 2025 average 1.550 AUD/$ for income items.

Income tax expense at companies of similar size

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Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Westpac Banking income tax expense |url=https://companiesranked.com/en/company/westpac-banking/income-tax-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Westpac Banking income tax expense. CompaniesRanked. https://companiesranked.com/en/company/westpac-banking/income-tax-expense

BibTeX

@misc{companiesranked-en-company-westpac-banking-income-tax-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Westpac Banking income tax expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/westpac-banking/income-tax-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 20-F · 0001104659-25-105894 · November 4, 2025

{{cite web |title=Westpac Banking income tax expense — 20-F (0001104659-25-105894) |url=https://www.sec.gov/Archives/edgar/data/719245/000110465925105894/webnf-20250930x20f.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2025-11-04}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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