Recent changes in the regulation and financial environment in which housing associations operate has seen a significant change in the risk profile of the sector.
The availability of finance, the difficult market conditions for building, properties for sale and the increased focus on ‘tenant led’ associations has meant that many associations have had to re-appraise their strategies.
This, combined with a likely downturn in public sector funding, is likely to place further pressures on rent, social housing grant and possibly even housing benefit levels.
Associations need expert advice and support to optimise the efficiency and effectiveness of operations and ensure you stay within your loan covenants.
RSM Tenon currently acts for over 80 housing associations across the UK with a team of specialists who work exclusively in this sector.
Our advisors will take the time to understand your ethos, structure and culture. They will work with you to explain and implement solutions to new legislation, identify appropriate systems and processes and help you tackle any immediate problem areas. They will also ensure you are planning for long-term growth and development.
How RSM Tenon can help you:
We can deliver a range of core compliance services including internal and external audit. You can also outsource to us a number of support services including payroll management and provision of temporary finance staff. We will work with you to help you develop your association. Through the provision of an extensive range of specialist business services. We can help you to:
We can also provide a flexible subscription service - authoritas. The service includes unlimited access for all of your employer/employee tax, NICs, and VAT queries via telephone, fax and email helplines, a quarterly newsletter and places at the annual conference. If required, we can also offer a premium service to include tax advice and consultancy.