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(external link).

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(external link) with the changes.