What is the role of licensed depreciator in process of tax depreciation schedule?

This means that for a period the majority of authorities will receive an allowance slightly lower than their target in order to fund protection for the remainder. When taken together with the previously announced 6% real national increases in the allowances for those years, the majority of authorities will, however, see increases in their allowances per dwelling.

However, well-maintained common areas and facilities contribute to sustainable communities which tenants want to live in – essential to both tenants and landlords. ODPM therefore proposes that the distribution of management and maintenance allowances should continue to take into account the revenue costs of clean, secure, well-managed and well-maintained communal spaces, both internal and external.

Please see the more detailed technical document, Revised Formulae for the Allocation of Management and Maintenance Allowances within HRA Subsidy, for a precise list of the estate management activities included within the new allowances and Depreciation Schedule. Given the lack of common approach and the potential grey areas involved, Ministers propose to leave it to an authority’s discretion whether to charge separately for estates management services.

Ministers may wish to revisit policy on local authority service charges and their relationship with management and maintenance allowances in light of evidence from the three year review. With the introduction of rent restructuring and associated subsidy changes, this relationship was broken. For 2003-2004, the national average management and maintenance allowances per dwelling were uplifted by 3.4% and 1% respectively in real terms, in addition to 2.25% to allow for inflation and by 2.3% to take account of the resource implications of moving guideline rents towards formula rents.