Good News on Co-op and Bencom Audit Limits in the March 2017 Budget

Following up my post of 31.01.2017, the 2017 March budget includes plans to relax audit limits for societies. Another triumph for Co-operatives UK lobbying for societies. See https://www.uk.coop/newsroom/lobbying-success-growing-co-ops

Hopefully the pressure will keep up to get primary legislation to change the Accountant’s Report requirement for societies turning over of £90K plus which companies are not required to have.

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