Small Business Audits

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jewels.p
jewels.p Registered Posts: 1,774 Beyond epic contributor 🧙‍♂️
Hi,

I read somewhere that there is a new thing out that certain small limited companies do not have to file audits anymore.

Can anyone tell me under what circumstances this is the case?

Thanks

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  • deanshepherd
    deanshepherd Registered Posts: 1,809 Beyond epic contributor 🧙‍♂️
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    Yep, legislation was introduced in 1994 so that companies with turnover below £350k did not have to be audited..
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