Note 11 - Tax recorded in the income statement
| 2018/2019 | 2017/2018 | |
|---|---|---|
| Current tax: | ||
| Current tax on profit/loss for the year | -672 | -1,699 |
| Deferred tax | 1,699 | 0 |
| Total current tax | 1,027 | -1,699 |
Income tax on the Group’s profit before taxation differs from the theoretical amount that would have arisen from the use of the Swedish tax rate for the consolidated companies as follows:
| 2018/2019 | 2017/2018 | |
|---|---|---|
| Profit/loss before tax | 1,660 | -4,885 |
| Income tax calculated according to the tax rate in Sweden (22%) | 365 | -1,075 |
| Tax effects of: | ||
| Non-taxable income | -1 | 0 |
| Non-deductible expenses | 221 | 1,198 |
| Tax effect on IPO costs | 0 | -1,822 |
| Tax effect due to changed tax rate | 20 | 0 |
| Use of loss carried forward | -1,277 | 0 |
| Total tax recorded | -672 | -1,699 |