What We Do / Service Charge Accountants

We have built a reputation as expert service charge accountants for landlords, tenant management, and property companies.

Our service covers a wide range of areas, from accounts, legal compliance, payroll, and trust tax returns.

If you are a landlord, tenant management company, or property managing agent then you are required to prepare service charge accounts for any property containing 5 or more residential units. For properties with 4 or fewer units, service charge accounts are not compulsory but must be provided if a tenant requests them.

Our specialist team will work closely with you to ensure all expenditure is thoroughly examined and verified for the benefit of all parties.

Our accounts comply fully with the legal requirements of both Companies House and the Landlord and Tenant Act 1985 and always include an income and expenditure account and balance sheet as standard.

Trust Tax Returns

We can take the hassle out of trust tax returns which may be required if any interest is received on service charge funds held.

Property Payroll

If the property has employees such as cleaners or concierges, our payroll department can deal with the wages on a weekly, fortnightly or monthly basis. We also deal with the filing of employer’s end-of-year returns and payment of payroll liabilities. HMRC have recently introduced stricter guidelines in which employers must operate, therefore it is vital that you keep up to date with his.

Gascoynes Service Charge Accountants Limited

We set up a subsidiary to provide you with a greater quality of service satisfying all your rental property needs in one place.

Please do contact us if you would like to speak to someone about Service Charge Accountants.