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Audit Exemption

For financial periods starting on or after 6 April 2008, to qualify for audit exemption a company must meet the following criteria:

  • Qualify as small.
  • Have a turnover of less than £6.5 million (previously £5.6million).
  • Have a balance sheet with total assets of less than £3.26 million (previously £2.8 million).

More Information

If you would like to know more, contact

Steve Mitchell This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Mairi MacIver This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Or call us on 01224 625111.