Note 8 – Tax recorded in the income statement

	2017/2018	2016/2017
Current tax:
Current tax on profit/loss for the year	-1,699	949
Total current tax	-1,699	949

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:

	2017/2018	2016/2017
Profit/loss before tax	-4,885	-2,821
Income tax calculated according to the tax rate in Sweden (22%)	-1,075	-621
Tax effects of:
Non-taxable income	0	-2
Non-deductible expenses	1,198	1,524
Tax effect of standard tax rate on fund holdings	0	15
Tax effect of standard tax rate on tax allocation reserve	0	33
Tax effect on IPO costs	-1,822	0
Total tax recorded	-1,699	949