pre_text: Balance sheet Under IAS 12 Income Taxes, provision is made for the deferred tax assets and liabilities associated with the revaluation of assets and liabilities at the corporate tax rate expected to apply to the Group at the time the temporary differences are expected to reverse. For those UK assets and liabilities benefiting from REIT exemption the relevant tax rate will be 0 per cent (2018: 0 per cent), and for other UK assets and liabilities the relevant rate will be 19 per cent if the temporary difference is expected to be realised before 1 April 2020 and 17 per cent if it is expected to be realised on or after 1 April 2020 (2018: 19 per cent before 1 April 2020, 17 per cent thereafter). For Spanish assets and liabilities the relevant tax rate will be 25 per cent (2018: 25 per cent). Movements in the provision for deferred tax: The net deferred tax provision of £0.9 million predominantly arises in respect of the revaluation of development property at intu Costa del Sol, partially offset by associated tax losses.
table: £m Investment and development property Other temporary differences Total
table: Provided deferred tax provision/(asset):
table: At 1 January 2018 24.6 (0.9) 23.7
table: Recognised in the income statement (5.5) (0.3) (5.8)
table: Foreign exchange movements 0.1 – 0.1
table: At 31 December 2018 19.2 (1.2) 18.0
table: Recognised in the income statement (16.4) (0.2) (16.6)
table: Foreign exchange movements (0.5) – (0.5)
table: At 31 December 2019 2.3 (1.4) 0.9
question: Analyse this data from a financial earnings document. What is the percentage change in the total provided deferred tax provision from 1 January 2018 to 31 December 2019?