Schedule of reconciliation of tax expenses
applicable to loss before tax
| | |
2025 | | |
2024 | | |
2023 | |
| | |
S$ | | |
S$ | | |
S$ | |
| | |
| | |
| | |
| |
| Loss before tax | |
| (6,646,931 | ) | |
| (5,507,764 | ) | |
| (2,094,169 | ) |
| Income tax using the statutory tax rate of 17% (2024: 17%; 2023: 17%) | |
| (1,127,293 | ) | |
| (936,320 | ) | |
| (356,009 | ) |
| Income not subject to tax | |
| (37 | ) | |
| (15,361 | ) | |
| (327,990 | ) |
| Non-deductible expenses | |
| 589,478 | | |
| 670,616 | | |
| 86,982 | |
| Difference in tax rate in different countries | |
| - | | |
| 57 | | |
| 96 | |
| Others | |
| 31,876 | | |
| - | | |
| - | |
| Deferred tax assets not recognized | |
| 554,626 | | |
| 281,008 | | |
| 596,921 | |
| Income tax expense | |
| 48,650 | | |
| - | | |
| - | |
|