Property Management
Property management
A service charge account is specifically used in the property management industry. Such accounts are used by landlords, property management companies or property investment companies to collect service charges from tenants, lessees or leaseholders.
As these charges come under increasing scrutiny, residents are placing collective pressure and demands on their Managing Agent to provide independently reviewed or audited service charge accounts.
From an accounting perspective, this is a highly specialist area, requiring the attention of experienced specialists who can help you to produce these accounts in a timely fashion and with maximum cost effectiveness.
Cartwrights dedicated team of professionals have a proven track record in this field. Working closely with Managing Agents we can help you ensure that these resident demands are met and often surpassed. Whether you are actively looking for new Reporting Accountants or Auditors or simply wish to see how we compare to the competition, your current accountants and auditors, we look forward to hearing from you.
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Latest news from [Company name]
HMRC have updated guidance on UK VAT refunds for non-UK businesses in a VAT group. Revenue & Customs Brief 10 (2026) explains changes to how non-UK businesses in a VAT group should make future UK VAT refund claims and the transitional arrangements. It also explains how to ask HMRC to reconsider claims made since 1 January 2021 that have been refused.
Mayors across England are to be given the power to charge a tourist tax on overnight stays which would apply to British and foreign visitors alike.
The troubled Shetland SaxaVord Spaceport project has been saved. The £30 million rescue package for the ex-RAF station in Unst was announced the day after a rapidly rolled-out new UK space strategy was presented by the government.
The Apprenticeship Levy has undergone its biggest overhaul since its introduction, with major changes taking effect from 1 August 2026. For Small to Medium-sized Enterprises (SMEs), the most significant development is the expansion of what levy funds can be used for under the new Growth and Skills Levy. This expansion comes alongside tighter funding rules, making planning more important than ever.