The latest news around significant issues in Scotland
Scotland’s charity audit income threshold to change
Many ACCA members have contributed to discussions between the Scottish Government, OSCR, SCVO and professional bodies about whether to reform Scotland’s charity regulations, specifically whether to increase the audit income threshold.
Thanks to the many insights shared by members, the Scottish Government has recently told us it is minded to increase the threshold. This will require regulations to go through Parliament, hopefully later in autumn 2025, though there’s no date yet on when changes would take effect, should the regulations be passed. ACCA will continue to work with the Scottish Government on the next steps and keep members updated.
Scottish Budget passed in February
The Scottish Parliament passed the Budget in late February, with limited changes to Scottish taxes.
Read our summary of the key measures
Talking Scotland calls
Join our new quarterly ACCA member call, aimed at members working in practice and business in Scotland, to hear from speakers, learn more about products and information that might help your business and your clients in Scotland, as well as getting to know ACCA Scotland members. Last month we were delighted to be joined by Companies House in Scotland, and in November by Prof Mairi Spowage to discuss the UK and Scottish Budgets. The next call will be on 13 June (speakers tba).
Scottish Aggregates Tax
The Scottish Parliament has passed the Scottish Aggregates Tax Act, meaning this new tax will replace the UK Aggregates Levy from April 2026. The Scottish Government is currently consulting on the specific technical details of the new tax regime.
Scottish business support update
Visit Business Support Scotland for information on a wide range of sectoral and local funding options open to SMEs.
Keep in touch
We really need your feedback on current business issues, so if you are able to spare a little time please sign up for our member survey platform Member Insights Community Registration (accaglobal.com) or drop Susan a line at susan.love@accaglobal.com with any feedback.
