Three individual cos - all small for last few years and current year and will probably be in the future. On their own - no audit needed
Become a group in 2019 and will breach small group limits (net and gross calcs).
I know you need two years in a size bracket before you have to move to the next one, so I am detemining that year 1 of the group can be treated as small.
I'd initially concluded that this meant no audit is required for year 1 (ignore comparatives point for year 2, as we might be able to reduce group size) but have a niggling memory that audit criteria is slightly different to group/co size and is perhaps only based on current year data? Haven't had to look at one of these for a number of years.
I've tried to look at various guidance and still not 100% sure.
29th May 2019
1
Audit exempt?
Got a niggling memory that audit rules not quite the same as size rules