Charities Accounts (Scotland) Regulations

The Scottish charity audit threshold will rise to £1 million of gross income per year for reporting periods beginning on or after 1 January 2026, up from the current threshold of £500,000. The Amendment Regulations making this change were laid before the Scottish Parliament on Monday 10

Ahsan Mustafa discusses the key reforms introduced by The Charities Accounts (Scotland) Amendment Regulations 2025, including modernised accounting thresholds, new safety dispensations for security risks, and alignment with UK reporting standards. The Scottish Government has introduced a major refor

The income threshold requiring a full audit for Scottish charities is set to double from £500,000 to £1 million, significantly reducing the administrative and financial burden on the sector. Secondary legislation has been laid in the Scottish Parliament which, if approved by MSPs, will t

The Scottish Government's recent commitment to raise the charity audit income threshold from £500,000 to £1 million marks a significant shift in the regulatory landscape for Scottish charities. This change, set to take effect with the introduction of new Charities Accounts (Scotland) Reg