Chris Morey

Future Update to Company Size Thresholds

The UK Government have announced that they will raise the monetary thresholds for determining company size, which they feel will be a welcome move that promises to reduce the regulatory burden on businesses, particularly smaller entities

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Does my subsidiary require an audit?

Due to company law changes brought about by Brexit, it is worth noting that a previous audit exemption that was available to the UK subsidiary of an EEA parent company is no longer available for accounting periods commencing on 1 January 2021.

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