IRRV Alert - week ending 13th November 2020
News
Reports
Operation of the Housing Revenue Account ring-fence (10 November 2020)
Guidance
Operation of the Housing Revenue Account ring-fence
Guidance for local authorities on certain aspects of the Housing Revenue Account.
Published 10 November 2020
From:
Ministry of Housing, Communities & Local Government
Applies to:
England
Documents
Operation of the Housing Revenue Account ring-fence
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Details
This guidance updates and replaces Circular 8/95 published by the former Department of the Environment (DoE), to which the Ministry of Housing, Communities and Local Government (MHCLG) is a successor.
This guidance restates ministers’ established policy for the HRA and introduces no new issues of principle. However, it does highlight the need to be fair to both tenants and council taxpayers and that there should be a fair and transparent apportionment of costs between the HRA and General Fund.
Published 10 November 2020