Browsing: Service Charge Accounting

Are notes to Service Charges accounts essential or desired? Gordon Whelan from Haines and Watts explains why they are central.

There can be few words in a lease that cause more confusion and angst to lessees and RMC’s than the term “audit”.

Managing Director of Haines Watts Service Charge looks at five examples of disputes settled through the Courts that have rocked the world of service charge accounting.

One of the questions that directors ask is why is it necessary to prepare separate service charge accounts and statutory company accounts?

In a recent article we explained some of the things leaseholders can find out from their Service Charge Accounts.

Our response to the recent government consultation, “Tackling unfair practices in the leasehold market” focused on one fundamental issue.

In this article we list just a few of the things that leaseholders can find out from the Service Charge Accounts.

There are important distinctions between service charge funds and company funds and these differences have implications for RMC directors.

In Service Charge Accounting there are many circumstances when accounts are prepared without a Balancing Statement.

It is not uncommon for directors of RMCs to come under pressure to reduce costs such as the services of a reporting accountant.