Note 55 Tax

€ million

2016

2015

Current tax expense

-9

-7

Movement in deferred taxes

-

5

   

Total

-9

-2

The effective tax rate was 29.3%. This relates to a net tax expense of €9 million made up of €10 million in tax for the 2016 financial year (including tax of €1 million in respect of permanent differences) and tax adjustments in respect of prior years (€1 million tax recovery).