Contentious Tax Bulletin
Tax Investigations Partner, Andrew Park, provides a round up of the most recent and significant contentious tax news
Housing Associations
You can be assured that our deep knowledge and understanding of the needs and legislative challenges facing Not for Profit businesses underpins our approach to this industry.
We understand your industry
Housing associations are having to adapt to rapidly changing legislation and regulations. The Building Safety Act 2022 has enacted important changes relating to fire and safety, and performance improvement plans can be granted by the regulator powers and issued to social landlords if they fail to meet housing standards.
Despite many changes in the sector, investment is meant to be sustained in the long-term, with investment increasing for building safety, decarbonisation costs, and enhanced energy efficiency standards.
Services tailored to your exact needs
We have specialist tax consultants, VAT advisors, strategists, corporate finance experts, and a skilled compliance team to ensure that we can help your association achieve its goals and overcome its challenges, whilst minimising risk and ensuring compliance.
In the face of increasing legislative and regulatory pressure on Registered Social Landlords, the need for efficient management of your finances underpinned by a strong and effective governance structure has never been more important.
Our team of housing association experts can offer you a range of services tailored to your needs, including:
- governance reviews, structures policies, and procedures
- reducing tax liabilities
- mergers and collaborations, including due diligence
- identifying key financial performance indicators
- controlling and improving fundraising activities
- diversifying income
- improving return on your investments
In addition to our sector-specific services for Not For Profits, we also offer a variety of other services, including:
- accurate annual accounts and tax returns that fulfil all your obligations
- advising on and integrating into your business the right accounting software and business systems
- a variety of tax consultancy services to ensure you comply with legislation
- employment law and HR solutions that work for your practice
- outsourced payroll, management accounts, and company secretarial services
- adaptable and tailored pension and employer services
We can help
Contact us today to find out more about how we can help you
Read our insights here
IR35 3 years on
In our latest article, we look back at IR35 three years after the last rule changes were introduced in April 2021, and consider recent data that suggests the current rules may be forcing many out of the UK labour market.
Charities reserves and strategic planning
Read our Charities team discussion of key considerations for charities in order to manage their reserve funds effectively and ensure financial sustainability.
HMRC "nudge" letters
Have you recently received a letter from HMRC asking about your overseas assets, income or gains? In this article we provide guidance on how best to proceed in such cases.