The Scottish Government has announced by way of The Charities Accounts (Scotland) Amendment Regulations 2025 that the audit income threshold for charities in Scotland will change for any accounts with financial years commencing after 1 January 2026, increasing from £500,000 to £1m.

This brings the Scottish threshold into line with England and Wales and follows campaigning by the voluntary sector, as well as by accountancy bodies including ACCA.

In our discussions with the government and charity regulator OSCR, ACCA members highlighted the impact on charities of declining audit provision. In addition to the increase to the audit income threshold, the revised regulations reflect changes in the Charities (Regulation and Administration) (Scotland) Act 2023 and update references to the Charities Statement of Recommended Practice (SORP) and the Further and Higher Education SORP, both of which have been revised in 2025.

For any other information please contact susan.love@accaglobal.com.