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Communities & Relationships

Effective tax rate

During FY20, we contributed a total of $717 million in taxes (including corporate income tax instalments of $232 million). Our effective tax rate on Underlying Profit has been in line with the Australian corporate tax rate of 30%.

Year

FY16

FY17

FY18

FY19

FY20

Effective tax rate

29.0%

29.6%

29.5%

29.1%

28.3%

Notes

  • Effective tax rate refers to AGL’s underlying income tax expense expressed as a percentage of AGL’s Underlying Profit.

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