Note 57 Tax
€ million | 2022 | 2021 |
Current tax expense | -3 | -5 |
Movement in deferred tax | 1 | 2 |
Total | -2 | -3 |
The effective tax rate was 67%. The difference with respect to the nominal rate (25.8%) is explained by permanent differences between results for tax purposes and commercial results. The recognised tax expense of €3 million is made up of a tax charge of €2 million for the 2022 financial year, a charge of €1 million due to permanent differences and the movement in deferred tax of €1 million positive.