Carphone Warehouse 2016 Annual Report Download - page 114

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Notes to the Group financial statements
112
7 Tax
a) Tax expense
The corporation tax charge comprises:
Year ended
30 April
2016
£million
13 months
ended
2 May
2015
£million
Current tax
UK corporation tax at 20% (2014/15 20.92%(i)) – Headline 71 61
– Non-Headline * (15) (12)
Overseas tax – Headline 23 25
– Non-Headline * (2) (3)
77 71
A
djustments made in respect of prior years:
UK Corporation tax – Headline (1) 6
– Non-Headline * (6) —
Overseas tax – Headline (5) (2)
(12) 4
Total current tax 65 75
Deferred tax
UK tax – Headline 19 10
– Non-Headline * — 2
Overseas tax – Headline 2 (2)
– Non-Headline * (3) (3)
18 7
A
djustments in respect of prior years:
UK Corporation tax – Headline 2 (8)
– Non-Headline * — 1
Overseas tax – Headline (1) 1
1 (6)
Total deferred tax 19 1
Total tax charge 84 76
Headline tax charge(ii) 110 91
(i) The UK corporation tax rate for the 12 months ended 30 April 2016 was 20% (13 months ended 2 May 2015 was 21% for the 12 months to
31 March 2015 and 20% thereafter).
(ii) The Headline tax charge excludes those items marked *.
Tax related to discontinued operations is included in the figures set out in note 25.
00_DC 2016 Annual Report.pdf 112 11/07/2016 18:34