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Notes 6-10

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 22.0% (30 June 2010: 23.9% and 31 December 2010: 22.0%). The Group tax rate on reported PBT was 21.4% (30 June 2010: 25.1% and 31 December 2010: 22.4%).

 

The tax charge comprises:

  Six months ended
30 June
2011
£m		 Six 
months ended
30 June
2010
£m		 Year ended
31 December
2010
£m
Current tax      
Current year 96.8 88.3 276.2
Prior years (4.3) (2.5) (1.0)
Total current tax 92.5 85.8 275.2
Deferred tax      
Credit for the year (0.6) (0.6) (47.4)
Net credit in relation to the amortisation of acquired intangible assets and other goodwill items (20.4) (23.9) (37.5)
Total deferred tax (21.0) (24.5) (84.9)
       
Tax charge 71.5 61.3 190.3

Notes

  1. 1Headline PBT is defined in note 19.