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7. Taxation

The Group tax rate on headline PBT1, excluding the impact of the net deferred tax credit in relation to the amortisation of acquired intangible assets and other goodwill items was 23.9% (30 June 2010: 24.8% and 31 December 2010: 23.8%). The Group tax rate on reported PBT was 25.1% (30 June 2010: 22.9% and 31 December 2010: 23.5%).

The tax charge comprises:


 
 
 
 
Six months
ended
30 June
2010
£m
Six months
ended
30 June
2009
£m

Year ended
31 December
2009
£m
Current tax      
Current year 88.3 56.2 209.8
Prior years (2.5) 5.7 (1.7)
Total current tax 85.8 61.9 208.1
Deferred tax      
(Credit)/charge for the year (0.6) 0.6 (15.1)
Net credit in relation to the amortisation of acquired intangible assets and other goodwill items
(23.9)

(21.5)

(37.3)
Total deferred tax (24.5) (20.9) (52.4)

Tax charge
61.3 41.0 155.7
Notes
1
Headline PBT is defined in note 19.

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