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Income taxes (Tables)
12 Months Ended
Jun. 30, 2024
Income Tax Disclosure [Abstract]  
Schedule of Reconciliation of Provision of Income Tax

A reconciliation of the effective tax rate to the statutory rate is shown below:

 

   June 30, 2024   June 30, 2023 
         
Loss before taxes  $(9,521,488)  $(1,619,155)
           
Expected income tax credit at statutory rate of 25%
(2023: 25%)
  $(2,380,372)  $(404,789)
Increase (decrease) in income taxes resulting from:          
Stock issued for services   -    140,000 
IPO related expenses   12,622    27,601 
Provision for bad debt   144,816    106,742 
Unrealized loss on investments   88,695    131,613 
Government Subsidy Tech Boost   -    (6,721)
Debt discount   277,022    - 
Non-taxable other income   (30,472)   - 
-Non-tax deductible personnel expenses   29,544    - 
Non-tax deductible consulting fees   1,367,032    - 
Non-tax deductible general and administrative expenses   308,512    - 
Other items, net   (26,742)   (20,207)
Income tax credit  $(209,343)  $(25,761)
Schedule of Components of Deferred Tax Assets

The tax effects temporary differences that gave rise to the deferred tax assets and liabilities are as follows:

 

   June 30, 2024   June 30, 2023 
Deferred tax assets:          
Accrued employee benefits  $37,199   $1,877 
Unrealized loss on investments   -    22,082 
Unrealized foreign exchange gain   10,294    (1,394)
Depreciation   (6,783)   3,049 
Operating right of use assets and lease liabilities   5,639    - 
Accumulated tax loss   238,989    - 
Provision for bad debt   56,784    106,740 
Net deferred tax asset  $342,122   $132,354