Threshold raised
Threshold raised
- 1999
- Financial Times 12 October 1999, 6(1) .
Government has announced plans to raise the turnover threshold for statutory audits from £350,000 to £1m. It is anticipated that the change will save small businesses £500m a year in costs.
STATUTORY AUDITS
SMALL BUSINESSES
TURNOVER THRESHOLDS
Government has announced plans to raise the turnover threshold for statutory audits from £350,000 to £1m. It is anticipated that the change will save small businesses £500m a year in costs.
STATUTORY AUDITS
SMALL BUSINESSES
TURNOVER THRESHOLDS