Service charge accounting

Accounting for service charges and service charge audits is a complex area that requires technical specialisms and an understanding of the property sector. Transparency and accountability underpins our work.

Who we work with

Our specialist accounting team deliver value-added service charge certifications and audits to a wide range of residential property, commercial property, and mixed property developments. These range from eight unit properties to mixed developments containing over 700 units. We work closely with managing agents and leaseholders alike, delivering an efficient, timely and cost-effective service.

We work with around one thousand developments across many managing agents. This depth of experience means we can add real value to our clients.

Our services include:

• Preparation of service charge accounts
• Service charge certification and ISA 800 audit
• Handover reviews on change of managing agents
• AGM attendance and meetings with landlords and agents
• Statutory accounts for RTMs
• Corporation and trust tax advice and returns
• Tax planning for non-service charge income
• Annual compliance reports for RICs, ARMA, ARLA, associations and professional bodies
• Advice on acquiring freehold properties
• Leaseholders – the right to manage (RTM) process
• Freeholders – amenity charges towards the upkeep of common land
• Mixed use developments – VAT treatment

Next steps

Please contact Tim Lindfield to arrange a free service charge accounting consultation or download our brochure for more information.