Service Charges
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The Right to demand payment of service charges
Here is a page of links to commonly-raised issues relating to the payment of service charges, administration charges and ground rent. -
ICAEW – Accounting for Service Charges and Service Charge Accounts
A page of links to related articles and online resources. -
How to recover service charge arrears from a bankrupt leaseholder
Insolvent leaseholders can cause a problem for managing agents tasked with collecting unpaid service charges on behalf of their RMC or landlord client. -
Service Charges and Management
Tanfield Chambers’ barrister Mark Loveday, gives a comprehensive overview of the legal issues raised by service charges and property management during the Covid-19 outbreak. -
The Managing Agent’s Guide to Service Charge Recovery and Provision of Services with the impact of COVID-19
Brady Solicitors have produced a substantial Guide and supporting templates for Managing Agents. -
Residential block management: how developers can reduce void service charges
Savills explains how residential block managers can advise developers on the ways in which design and construction can help reduce void service charges. -
Service charge accounts and VAT
What is the situation regarding VAT on service charge costs? Here is an explanation from accountant BDO that looks at tax exemptions on residential lettings and mixed use schemes. -
Service charge accounting glossary
Download this useful glossary of terms commonly used within service charge accounting and RICS guidelines, published by global accountant and business adviser BDO. -
ICAEW – Technical Release 03/11 : Residential Service Charge Accounts
The technical guidance release in full – members of the joint issuing organisations are expected to abide by it in their own professional practice.