New thresholds for reporting Tiers
Published 8 March 2024
The External Reporting Board (XRB) has recently announced changes to the threshold size of some reporting Tiers.
The new thresholds are set out in the table below:
The changes come into effect for reporting periods ending on or after 28 March 2024 .
This means registered charities with financial years ending on 31 March 2024 can apply the new thresholds immediately. Click here for more information on XRB's website .
These changes also affect Incorporated Societies under the new Incorporated Societies rules introduced in 2023. There is information on XRB's website to help societies with the changes.