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.
get in touch with us
Latest news from [Company name]
The Bank of England reduced its base rate from 4.25% to 4.00% on 7 August 2025. Because HM Revenue and Customs (HMRC) interest rates are directly linked to the base rate, the interest charged on late tax payments and the interest paid on repayments will also fall.
The government’s Electric Car Grant (ECG) is now up and running, with more vehicle models eligible for discounts. Initially launched in July, the £650 million scheme offers savings on new electric cars priced at or below £37,000. The discount is either £3,750 or £1,500, depending on the vehicle’s sustainability and is applied directly at the point of sale, with no paperwork required from customers.
The latest figures from the Office for National Statistics (ONS) indicate that the UK labour market is continuing to ease, although the slowdown remains measured rather than abrupt.
Becoming a company director comes with a fair bit of responsibility - and not just when things are going well. Whether you're the hands-on type, more of a silent partner, or even directing behind the scenes, all company directors have legal duties under the Companies Act 2006.