Note 57 Tax

€ million

2021

2020

Current tax expense

-5

-9

Movement in deferred tax

2

1

   

Total

-3

-8

The effective tax rate was 16.7%. The difference compared to the nominal rate (25%) is the outcome of the revaluation of the deferred tax asset arising from the change to the corporate income tax rate. The recognised tax expense of €2 million is made up of tax charges of €4 million for 2021, less the movement in deferred tax of €2 million.