Income tax expense · 2015–2025

Natwest Group income tax expense

$2.5B+32.0% · FY2025

Natwest Group (NWG) reported $2.5B in income tax expense for fiscal 2025, +32.0% year on year.

$35.2M2015$1.5B2016$942M2017$1.6B2018$560M2019$95.0M2020$1.4B2021$1.6B2022$1.8B2023$1.9B2024$2.5B2025
Natwest Group — Income tax expense, 2015–2025
Fiscal yearIncome tax expenseChangeFiling
FY20252025-12-31$2.5B+32.0%Open →
FY20242024-12-31$1.9B+5.1%Open →
FY20232023-12-31$1.8B+13.2%Open →
FY20222022-12-31$1.6B+14.9%Open →
FY20212021-12-31$1.4B+1,342.5%Open →
FY20202020-12-31$95.0M−83.0%Open →
FY20192019-12-31$560M−65.3%Open →
FY20182018-12-31$1.6B+71.2%Open →
FY20172017-12-31$942M−37.0%Open →
FY20162016-12-31$1.5B+4,153.0%Open →
FY20152015-12-31$35.2M—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 · 2015–2025 compound annual growth +53.0%

Figures are reported under IFRS in GBP and converted to US dollars at ECB reference rates — fiscal 2025 average 0.758 GBP/$ for income items, year-end 0.743 GBP/$ for balance-sheet 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=Natwest Group income tax expense |url=https://companiesranked.com/en/company/natwest-group/income-tax-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Natwest Group income tax expense. CompaniesRanked. https://companiesranked.com/en/company/natwest-group/income-tax-expense

BibTeX

@misc{companiesranked-en-company-natwest-group-income-tax-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Natwest Group income tax expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/natwest-group/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 · 0001104659-26-016245 · February 17, 2026

{{cite web |title=Natwest Group income tax expense — 20-F (0001104659-26-016245) |url=https://www.sec.gov/Archives/edgar/data/844150/000110465926016245/nwg-20251231x20f.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-17}}

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