NEWS

LAAP Bulletin 92 on The Accounting Transactions in Relation to the Settlement Payments Determination 2012 (Housing Revenue Account (England))

A clarification

For absolute clarity, please note that the transactions in the Bulletin refer to financial year 2011/12

Right To Buy And One-For-One Replacement - CIPFA response

CIPFA has responded to this informal consultation from DCLG – to read CIPFA’s comments please click here

LAAP Bulletin 92 - The Accounting Transactions in Relation to the Settlement Payments Determination 2012 (Housing Revenue Account (England))

Following the issue of the Settlement Payments Determination 2012 on 1st February last, the Local Authority Accounting Panel is pleased to publish LAAP Bulletin 92 - The Accounting Transactions in Relation to the Settlement Payments Determination 2012 (Housing Revenue Account (England)), which includes recommendations on the accounting treatment for the payments. The Bulletin is now available here 

CIPFA responses to consultations

Click here to read CIPFA’s response to the government’s Reinvigorating Right to Buy and one for one replacement consultation

And click here to the Consultation on the draft determinations to implement self-financing for council housing

Depreciation under Self-Financing

The consultation itself is closed but CIPFA’s Guidance and draft proposals on Depreciation can be downloaded here.

Further guidance will be available here soon - in the meantime, the current accounting treatment (and reversals allowed in the transition period) stand.

Treasury Management under the Self-Financing

CIPFA’s Guidance on Treasury Management is still available for download here.

The Guide to Housing Self-Financing

2012 brings the biggest change to local authority housing finance for almost 25 years. As a result, CIPFA has produced this latest guidance to assist practitioners through the change process and to help with implementation.

For further details visit CIPFA Shop.

Housing Section 20 Major Works: Final Accounts Billing Toolkit

As a landlord of sold or rented dwellings, you must properly manage and maintain their common elements and recharge tenants and leaseholders any maintenance and management expenses you incur.

However, with complex legal requirements and administrative demands, many local authorities are unable to properly identify the amounts they have spent – leading to under-estimation of costs and write-offs losing them many millions of pounds.

CIPFA has developed a new toolkit to make it easier to claim the landlord expenses you are due.

Visit the CIPFA shop to find out more about how thias toolkit can help you.

Volunteer Feedback Survey
We are always eager to hear existing (and potential) panel members' views on how we can help support you better. The Volunteer Survey offers a formal mechanism for you to feed back your views to CIPFA.

EVENTS

Details of relevant events will be placed here as soon as they become available