ANALYSIS / QANTASCOMPANY · AVIATIONATO ENTITY · QANTAS AIRWAYS LIMITEDON THE REGISTER · 2013-14 to 2023-24
Qantas
Qantas paid no company income tax at all in 8 of 11 years on the register, on total income of A$165.8bn.
Fig. 01 /Total income vs company income tax paid · A$
Total income (ATO)Income tax paid (ATO)
HOVER A YEAR · WATCH THE INCOME RISE WHILE THE TAX LINE HOLDS
Fig. 01Source: ATO Report of Entity Tax Information · 2013-14 to 2023-24As of 2023‑24Read directly
Fig. 02 / Every A$500m of income, and the tax on it
Marks of income332
Marks of tax0.56
Effective rate0.17%
Years paying nothing8 of 11
A$500m of incomeIncome tax paidNil tax that year11 years of tax would not fill one mark
Fig. 02Source: ATO Report of Entity Tax Information · 2013-14 to 2023-24 · one mark = A$500mAs of 2023‑24Read directly
The full record
| Year | Total income | Taxable income | Income tax | PRRT | Revenue | Net profit |
|---|---|---|---|---|---|---|
| 2013-14 | A$14.9bn | A$0 | A$0 | — | A$15.15bn | -A$2.84bn |
| 2014-15 | A$15.5bn | A$212m | A$0 | — | A$15.53bn | A$560m |
| 2015-16 | A$15.8bn | A$52.4m | A$0 | — | A$15.78bn | — |
| 2016-17 | A$15.6bn | A$69.9m | A$0 | — | A$15.68bn | — |
| 2017-18 | A$16.6bn | A$98m | A$11m | — | A$16.62bn | — |
| 2018-19 | A$17.5bn | A$943m | A$259m | — | A$17.59bn | — |
| 2019-20 | A$13.9bn | A$0 | A$0 | — | A$14.05bn | -A$2.7bn |
| 2020-21 | A$5.92bn | A$0 | A$0 | — | A$5.72bn | -A$1.69bn |
| 2021-22 | A$9.32bn | A$0 | A$0 | — | A$8.70bn | -A$860m |
| 2022-23 | A$19.2bn | A$402m | A$0 | — | A$19.52bn | A$1.75bn |
| 2023-24 | A$21.6bn | A$46m | A$8m | — | A$21.61bn | A$1.25bn |
Sources. ATO Corporate Tax Transparency, Report of Entity Tax Information 2013-14 to 2023-24 (data.gov.au), read directly · Qantas Annual Reports (statutory revenue / profit after tax)
↕ The rest of the ledger, jump straight to any of them
Virgin AustraliaA$53.7bn → A$0INPEXA$43.2bn → A$0TransurbanA$28bn → A$0News CorpA$24.9bn → A$0Sydney AirportA$11bn → A$0SantosA$51.1bn → A$3.1mChevronA$104.6bn → A$7.94bnShellA$112.1bn → A$3.78bnWoodsideA$111.8bn → A$5.96bnNineA$23.4bn → A$576mSeven West MediaA$18.8bn → A$368mWoolworthsA$573.4bn → A$6.96bnColesA$250.6bn → A$2.42bn