Do I Need SECR With 300 Employees?

SECR Required?DEPENDS

Explanation

300 employees exceeds the 250 threshold. If you also have £36m+ turnover OR £18m+ balance sheet, you must file SECR.

Action Required

If you meet 2 of 3 criteria (employees + one financial), you must file.

Future Planning

Plan for annual SECR reporting if qualifying.

Related Considerations

  • Calculate your turnover and balance sheet
  • Understand group consolidation rules
  • First-time filers have specific guidance

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