Do I Need SECR With Over £36m Turnover?
SECR Required?DEPENDS
Explanation
Over £36m turnover meets one criterion. If you also have 250+ employees OR £18m+ balance sheet, you must file SECR.
Action Required
Check if you meet 2 of 3 criteria. If yes, SECR filing is mandatory.
Future Planning
Establish annual reporting processes if qualifying.
Related Considerations
- Group turnover aggregation rules
- Check employee numbers
- Check balance sheet total
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