Tax

The tax environment in which housing associations operate is constantly evolving. We're working with our tax advisors RSM to help shape government policy on taxation as it affects the sector and to keep housing associations informed of key issues.

Our tax advisors

RSM is a leading provider of audit, tax and consulting services, with around 3,800 partners and staff in the UK. With more than 200 clients in the social housing sector, from some of the smallest to some of the very largest, they understand very well the challenges that housing associations face.

RSM’s social housing tax services team consists of specialists in VAT, employment taxes, corporation tax, Stamp Duty Land Tax and the Construction Industry Scheme. They have years of experience helping housing associations manage risk, drive efficiencies and realise value across the full range of taxes.

The key members of the RSM team who are working with the NHF are:

Andrew Robinson
Partner, Corporate Tax
andrew.robinson@rsmuk.com
07931 882889

Audrey Fearing
Partner, VAT
audrey.fearing@rsmuk.com
020 3201 8777

David Williams-Richardson
Partner, Employment Taxes
david.williams-richardson@rsmuk.com
01293 843112

John Foskett
Corporate Tax and Stamp Duty Land Tax
john.foskett@rsmuk.com
07436 268379

Daniel Guy
Director, VAT
daniel.guy@rsmuk.com
07800 617108

Susan Ball
Partner, Employment Taxes
susan.ball@rsmuk.com
07825 430213

Further guidance on the latest tax developments can be found below.

Making Tax Digital

From April 2019, VAT-registered housing associations are required to use the Making Tax Digital service to keep records digitally and use software to submit their VAT returns. HMRC is running seminars for housing associations to help guide you through the process.

Housing associations with a high number of unsold shared ownership and market sale properties might consider changing their tenure to rental properties. There are wide-ranging tax issues that would need to be reviewed.

VAT cost-sharing exemption

The VAT Cost Sharing Exemption is to continue to apply for housing associations. This is important for the sector and will continue to benefit National Housing Federation members.

Service charges concession rule change

HMRC published a briefing in 2018 on the VAT exemption provided under the service charges concession rule change. Exemptions could now apply under different provisions for those providers who are no longer VAT exempt.

Who to speak to

John Butler, Policy Leader