Annual Report for the year ended 31 December 2008

3. aUditoRs’ RemUneRation
During the year, the company obtained the following services from the company’s auditors at costs as detailed below:
notes to tHe FinanCial statements CONTINuED
FOR THE YEAR ENDED 31 DECEMBER 2008
88 The evoluTion Group plc AnnuAl reporT & AccounTs 2008
2008 2007
£'000 £'000
AuDIT SERVICES:
Fees payable to the company’s auditor for the audit of the company’s annual accounts 58 119
FEES PAYABLE TO THE COMPANY’S AuDITOR AND ITS ASSOCIATES FOR OTHER SERVICES:
other services supplied pursuant to legislation – 15
services relating to taxation 70 34
All other services 110 11
238 179
Fees for audit services above include all amounts payable to the company’s auditors in their capacity as such. included within the fees payable for the audit
of the company’s annual accounts is an amount of £nil in 2008 (2007: 19,000) which was paid in the year in which it is included, but related to the prior
years’ audits.
Taxation services include compliance services such as tax return preparation and advisory services such as consultation on tax matters, tax advice relating
to transactions and other tax planning and advice.
4. deFeRRed inCome taX
Deferred income tax is calculated in full on temporary differences under the liability method using a tax rate of 28% (2007: 28%)
The movement on the deferred income tax account is detailed below:
2008 2007
£'000 £'000
AT 1 JANuARY 1,701 2,348
income statement (charge)/credit - capital allowances (2) 5
income statement (charge) - stock options (97) (427)
income statement (charge) - stock options exercised (97) (15)
equity (charge) - stock options (576) (210)
AT 31 DECEMBER 929 1,701
Deferred income tax assets are expected to be recovered as follows:
2008 2007
£'000 £'000
Within twelve months 873 1,687
After twelve months 56 14
Total deferred income tax asset 929 1,701