Ni Hsin Berhad Annual Report 2018

17. Tax expense Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Current tax expense - current 152 605 11 31 - under/(over) provision in prior years 10 66 (3) (3) Total current tax recognised in profit or loss 162 671 8 28 Deferred tax expense - origination and reversal of temporary differences (679) (221) - - - under provision in prior years 121 76 - - Total deferred tax recognised in profit or loss (558) (145) - - Total income tax expense (396) 526 8 28 Recognised in other comprehensive income Revaluation surplus of property at tax rate of 10% (2017: 5%) (763) - - - Reconciliation of effective tax expense Profit for the year 2,165 2,067 1,884 1,625 Tax expense (396) 526 8 28 Profit excluding tax 1,769 2,593 1,892 1,653 Reconciliation of effective tax expense Income tax calculated using Malaysian tax rate of 24% (2017: 24%) 425 622 454 397 Non-deductible expenses 593 254 1,042 191 Non-taxable income (1,449) - (1,449) - Tax exempt income (36) (437) (36) (557) Tax incentives (61) (60) - - (528) 379 11 31 Current year losses for which no deferred tax asset was recognised 1 4 - - Under/(Over) provision in prior years 131 143 (3) (3) Tax expense (396) 526 8 28 Recognised in other comprehensive income Revaluation surplus of property at tax rate of 10% (2017: 5%) (763) - - - Notes to the financial statements (continued) Annual Report 2018 78