Written Question·Department for Business and Trade·UIN 7878
Audit: Standards
Tabled: 8 October 2024
Answered: 14 October 2024
Named DayQuestion
Sarah Green
Liberal Democrat — Chesham and Amersham
To ask the Secretary of State for Business and Trade, if he will make an assessment of the potential impact of planned increases to audit exemption thresholds on rates of tax evasion.
Answer
Justin MaddersThe proposal to increase the monetary thresholds for company size are based on findings from a call for evidence on non-financial reporting, which the Department for Business and Trade undertook last year. Most respondents supported amending the qualifyin...
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