What are the changes to the Residential Service Charge?
A recent change to guidance regarding accounting and reporting in relation to residential service charge accounts for residential properties has proven not just extremely important, but highly controversial. The new guidance complicates the accounting behind service charges in leaseholds and creates a situation where accountants might be required to parse the new regulations. The changes are set to affect thousands of blocks of flats across the country with landlords and residents potentially affected without the ability to understand or interpret complex accounts. At Outsourced ACC, we can work with you to deliver service charge accounts transparently, and in an accountable manner.
We Prepare Service Charge Accounts in a Transparent & Accountable Manner
We’ll always work in a completely professional and transparent manner, and our team has over 20 years’ experience working with changing legislation, regulation, and guidelines, ensuring that no matter how complex or new the changes, we’ll be able to help. Don’t worry about changes to the service charge, just contact our friendly Beckenham team and we’ll talk you through our processes and begin to work through your accounts, making the whole job as seamless and painless for you.
Get in Touch
Contact our team if you’re unsure about how the changes impact you, and we’ll begin the process as soon as possible. At any point during our dealings with your accounts, we’ll also answer any questions or queries you may have, both to ensure transparency but also to give you an understanding of how we can help. Call us on +44 (0) 208 249 6007 or email us at firstname.lastname@example.org to enquire.