6.8 Income tax

Recognised in profit or loss:

x € 1,000

2022

2021

Current tax charges or credits

Current financial year

-9,032

-27

Prior financial years

0

-166

-9,032

-193

Deferred tax charges or credits

Relating to temporary differences

290

-326

Prior financial years

0

4,306

Relating to tax loss carryforwards

-9,341

-13,034

Relating to the write-off of a deferred tax asset (charge) or to the reversal of a write-off (credit)

4,582

4,580

-4,469

-4,474

Total tax charge in the statement of profit or loss

-13,501

-4,667

The tax charges by country are as follows:

x € 1,000

2022

2021

Netherlands

-13,501

-4,667

-13,501

-4,667

Analysis of the effective tax rate:

x € 1,000

2022

2021

%

in €

%

in €

Result before tax

73,081

54,966

Based on local tax rate

25.8%

-18,855

25.0%

-13,742

Non-deductible interest

0.2%

-174

1.1%

-616

Non-deductible expenses, other

0.8%

-565

0.7%

-363

Non-taxable revenue in results of investees

-1.5%

1,106

-2.3%

1,249

Losses not recognised in current financial year and other deferred tax assets and the reversals thereof

0.1%

-86

0.2%

-95

Effect of changes in the tax rate

0.0%

0

0.0%

3

Effect of changes to loss relief rules

0.0%

0

12.4%

-6,843

Prior-year adjustment

0.0%

0

-7.6%

4,163

Effect of recognising previously unrecognised losses

-6.3%

4,582

-20.8%

11,421

Effect of miscellaneous/foreign tax rates

-0.7%

491

-0.3%

156

Overall tax burden

18.5%

-13,501

8.5%

-4,667

The effective tax rate for 2022 is 18.5% (2021: 8.5%).

The main differences between the effective tax rate and the local tax rate in the Netherlands concern the effect of the recognition of previously unrecognised losses. The other differences concern non-deductible interest expenses relating to the cumulative preference financing shares B, the general restrictions on the deductibility of expenses and the tax exempt results from investees.

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