Everything you need to
confidently manage your
service charge accounts.

We specialise in helping managing agents and landlords to navigate the accounting nuances of service charge accounting to comply with the legal framework and lease requirements.

Managing service charge accounts is a critical yet complex responsibility for landlords, resident management companies, property managers, and property investment companies.

As scrutiny around service charges increases, so does the pressure on managing agents to provide transparent and independently reviewed accounts. These complexities are compounded by regulations under the Leasehold Reform, Landlord and Tenant Act, and the Housing and Urban Development 1993 Act and guidance from RICS (Royal Institution of Chartered Surveyors) for commercial properties.

Navigating this specialised area requires an expert, confident touch to ensure compliance with ever-evolving legislation like the Landlords and Tenants Agreement and the Property Institute, while maintaining cost-effectiveness and confident advice.

That’s where we come in.

Where are Service Charge Accounts?

Everything is simpler when you have the
right accountant with the right expertise.

At Myers Clark, we offer a comprehensive range of solutions to ensure your service charge accounts are handled efficiently, compliantly, and with confidence.

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Expert Accounting Services:

We provide specialised accounting for landlords and associated service charge trusts. We’ll ensure everything is accurate, transparent, and compliant with service charge regulations and with your accounts in general.

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Advance Tax Guidance:

We have deep experience in understanding how the law affects your accounting. We’ll advise on the tax treatment of income and the allocation between the landlord accounts and service charge account and ensure your financial reporting aligns with legal requirements.

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Compliance Assurance:

Whether handling commercial or residential property, we’ll guide you through the necessary filings with Companies House submissions or ensure your accounts meet the RICS standards for commercial properties.

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Clear Communication:

Our team works closely with property managers and landlord directors to simplify complex issues and make sure all parties are on the same page. We’re never “on the fence” and provide clear guidance without ambiguity.

As a landlord
or managing
agent, you
need to know:

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The service charge system is tightly regulated.

It’s hard to confidently know if you’re compliant. You don’t want to risk being taken to a tribunal over confusing lease interpretations.
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It’s vital to know who is accountable for what.

Directors, shareholders, and lessees have different legal and financial responsibilities.
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Landlord companies must file annual accounts with Companies House

Ensuring these accounts are accurate and compliant is essential and requires expert assistance.
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Landlord must provide appropriate service charge account to their lessees

Under the Landlord and Tenant Act 1985, landlords must provide detailed accounts to lessees in blocks with more than 4 units.
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Commercial properties are bound by specific regulations set by RICS

Ensuring your service charge accounts adhere to these is crucial.

Our true value?
Peace of mind.

Our team has over 10 years of in-depth experience in this highly specialised area. We don’t just provide numbers—we offer actionable insights and expert advice to help protect you and your tenants, avoid potential legal disputes, and ensure your accounting processes are both legally sound and tax-efficient.

Why choose Myers Clark?

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We have over 10 years of expertise in service charge accounting
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We’re trusted by property managers, managing agents, and directors across the UK
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We’re proud of our proactive, people-first approach to solving complex accounting challenges
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Our expert advice helps protect both landlords and tenants landlords and tenants

Take the stress out of service charge accounting.

Managing service charge accounts is a critical yet complex responsibility for landlords, resident management companies, property managers, and property investment companies.

To help determine if our services are the right fit for you, we offer a free 30-minute consultation. Here’s what happens after you fill out our form.

01

Our service charge assistant will review your details

02

They’ll schedule a meeting with our in-house service charge experts to discuss your specific needs and how we can help.

03

You’ll get a clear understanding of what you need to do and how we can assist you

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