to VAT for housing associations
Since the last edition of Foundations went to print a new Prime Minister, Housing Secretary and Housing Minister have all been appointed. Initial indications are that there will be a change in policy towards encouraging home ownership, perhaps with a greater encouragement of rent-to-buy models. The National Housing Federation also reports fruitful discussions with HMRC about continuing the cost sharing exemption for housing associations, which would be welcome. We shall provide further commentary on these developments once we have greater clarity.
We are one of the UK’s leading teams serving the non profits sector and have in-depth experience in and knowledge of, social housing, gained through more than 20 years of active involvement in the sector. We have advised Registered Providers (RPs), local authorities, Arm’s Length Management Organisations (ALMOs), homelessness charities, and domiciliary care providers, as well as private sector developers.
We know that social housing is a challenging sector, and those those working within it are continually being asked to do more with less. We can help you minimise tax expenditure, find efficiencies, and maximise reliefs and allowances. We help you with your financial efficiency, so that you can serve your communities.