Print 🖨 A company meets the qualifying conditions for a micro-entity if it meets at least two out of three of the following thresholds: Turnover: Not more than £632,000 Balance sheet total: Not more than £316,000 Average number of employees: Not more than 10 There are approximately 1.56 million micro-entities in the UK, as compared with a … Continue reading Why property investors like Micro Entity Accounts