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Government review could change audit thresholds
By Helen Warrell, Third Sector, 25 July 2007
Audit thresholds for charities could be changed for the second time in a year after a Government pledge to review new legislation on the issue.
Thresholds were raised earlier this year in line with the Charities Act so that only charities with gross incomes of more than £500,000 had to be audited. The previous figure was £250,000. But the Government and the Charity Commission have now announced a new review of all thresholds - including...
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