Welcome

As we approach the end of a landmark financial year, this update sets out the latest information and analysis on key financial issues affecting the sector. 

Highlights include Savills and JLL considering how deregulation will affect property valuation across the sector, and advice and guidance on how to prepare for and manage the in-depth assessment process.

If you would like a PDF print out of the newsletter, you can download it here. Please note that this doesn't include the Budget 2016 update, as it was published before 16 March 2016.

LikeLike (0)
 
2016 Budget

While housing did not feature prominently in the Chancellor's speech on Wednesday, the full detail in the Budget document does include a number of announcements relevant to housing associations. 

Read more
LikeLike (1)
 
Economic update

This article, written by Centrus Advisors, provides an economic update on markets, rates, and how policy changes are impacting housing associations.

Read more
LikeLike (1)
 
HCA Global Accounts – housing associations rising to the challenge

The Homes and Communities Agency (HCA) Global Accounts for 2015 demonstrated that housing associations delivered a solid year of balance sheet growth, underpinned by a financially robust operating performance.

Read more
LikeLike (0)
 
Deregulation and reclassification – in the interests of privacy

This update discusses two specific issues important to deregulatory amendments: housing associations registered with the Charity Commission, and the Special Administration Regime.

Read more
LikeLike (0)
 
Deregulation – what does it mean for valuations?

The way in which housing associations behave in future will have a bearing on the value of their assets. This article, written by JLL and Savills, explains what that bearing might be.

Read more
LikeLike (0)
 
Voluntary Right to Buy – an update

The Federation is working closely with members and with the Government, via a Sounding Board and specialist working groups, to develop Voluntary Right to Buy (VRTB).

Read more
LikeLike (0)
 
Stringent new consumer credit regulations

HM Treasury has laid legislation before Parliament that will change the consumer credit regime for housing associations operating in the UK.

Read more
LikeLike (0)
 
FRS 102 and financial instruments

This article, by Grant Thornton and Smith and Williamson, highlights the potential differing approaches to the reporting of financial instruments under FRS102 and the need for an appropriate degree of perspective when comparing these complex accounting disclosures.

Read more
LikeLike (0)
 
The strong relationship between housing associations and the FRC

Housing association representation on the Financial Reporting Council (FRC) is changing, with the Committee on Accounting for Public benefit Entities (CAPE) being disbanded.

Read more
LikeLike (0)
 
Good governance – what to expect from the Federation’s new publications
The Federation has published an advice note on the new in-depth assessments, and provided a voluntary code for housing associations on mergers, group structures and partnerships.
Read more
LikeLike (0)
 
Efficiency and VfM

The Federation has initiated a series of peer learning roundtables, teamed up with Housemark to develop a ‘State of the Sector’ report, and is exploring how members could be better supported with VfM self-assessments.

Read more
LikeLike (0)
 
Pension update

KPMG answer two key questions on pensions: Could taxation reform be a tipping point for housing pension schemes? And has the time come to harmonise?

Read more
LikeLike (0)
 
The apprenticeship levy and employment taxes

Deloitte provide an update on the key features of the new apprenticeship levy, how to use the fund for apprenticeships, and what employers need to do now.

Read more
LikeLike (0)
 
Taxation

Deloitte provide an update on changes to the reduced rate – and how housing associations are protected – and increased VAT costs on charges raised by companies that collect rents and other payments on their behalf.

Read more
LikeLike (0)
In this issue
Welcome
2016 Budget
Economic update
HCA Global Accounts – housing associations rising to the challenge
Deregulation and reclassification – in the interests of privacy
Deregulation – what does it mean for valuations?
Voluntary Right to Buy – an update
Stringent new consumer credit regulations
FRS 102 and financial instruments
The strong relationship between housing associations and the FRC
Good governance – what to expect from the Federation’s new publications
Efficiency and VfM
Pension update
The apprenticeship levy and employment taxes
Taxation
National events
HR in Housing Conference and Exhibition 2016
14 April, London
National Voluntary Right to Buy Conference
27 April, London
Affordable Home Ownership Conference 2016
26 May, London
Company Secretaries’ Conference and Exhibition 2016
14 June, London
Regional finance forum
East of England Finance Forum
9 May 2016; 13 September 2016
East Midlands Finance Forum
17 May 2016; 4 October 2016
London Finance Forum
10 June 2016; 7 September 2016
North East Finance Forum
13 July 2016; 12 October 2016; 11 January 2017; 12 April 2017
North West Finance Forum
1 June 2016; 7 September 2016; 7 December 2016
South East Finance Forum
10 June 2016; 28 October 2016
South Finance Forum
29 July 2016; 28 October 2016
West Midlands Finance Forum
9 May 2016; 18 July 2016; 1 November 2016
Yorkshire and the Humber Finance Forum
26 May 2016 (provisional)
Publications
Understanding development appraisal: a guide for housing associations
Service charges: a guide for housing associations
Finance demystified: a guide for housing association board members and non-finance executives
Housing SORP 2014: Statement of Recommended Practice for registered social housing providers
Conferences
The Housing Association National Accountancy (HANA) Awards
5 July 2016, London
The Housing Association National Accountancy (HANA) Awards 2016 will be moving to London this year, taking place in July. Entry submissions are now open and close on 1 April 2016.
Treasury Management Conference 2016
6 October 2016, London

The Treasury Management Conference is our annual event for staff and board members wishing to hear the latest from a range of professionals involved in treasury and finance.

Your Preferences
Update your profile

Unsubscribe

Download newsletter as a PDF
Email Software by Newsweaver