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EconomyAccountants fear £1.2bn hit from UK plan to exempt midsized groups from audits

The UK proposal would exempt companies with revenue below £54mn from audits. Accountants fear it could cut annual fees by as much as £1.24bn.

UKaudit exemptionsaccountants

FFinancial Times★★☆☆☆2026-10-22 04:00Original

Accountants fear £1.2bn hit from UK plan to exempt midsized groups from audits
Economy