Year ended
31 Dec 2014
£m
Half year to
30 June 2015
£m
Half year to
30 June 2014
£m
30.4Current tax – charge for the period10.617.3
(7.1)Current tax – adjustments in respect of prior periods0.1(4.9)
1.1Deferred tax(0.3)
24.410.412.4

The rate of tax for the interim period is 34.1% (2014: 23.5%) of the profit before tax. The tax rate results from the impact of differing tax rates in each of the numerous jurisdictions in which the Group operates and from the impact and phasing of the reorganisation costs, particularly in respect of Brazil, which do not give rise to a corresponding tax credit in the territories to which they relate. Consequently this has raised the interim effective rate of tax for the six months to 30 June 2015. The tax rate includes the impact of the reduction in the UK's corporation tax rate from 21% to 20% with effect from 1 April 2015.