Go to navigation
Estimated and actual service charges
Estimated service charges
Estimated service charges give an indication of the council’s
anticipated expenditure for the forthcoming financial year. You
will be billed in April for estimated service charges relating to
Actual service charges
Actual service charges refer to the previous financial year. The
council calculates whether the actual service charge matches the
estimated service charge billed at the beginning of the year.
Any difference is then billed or credited to you.
Financial year 2008/09 – estimated service charges:
- In April 2008 leaseholders are invoiced for estimated service
charges for 1 April, 2008 to 31 March, 2009.
- Leaseholder A is charged £100.
Financial year 2009/2010 – actual service charges:
- In September 2009 leaseholders are invoiced for actual service
charges for the 2008/09 financial year.
- Leaseholder A’s actual charges for the 2008/09 financial year
were £150; this is £50 more than was invoiced in April 2008
(estimated service charge).
- In September 2009 leaseholder A is invoiced for the £50
Outline of activities relating to service charge billing
over a financial year
The financial year starts on 1 April and ends on 31 March.
Start of new financial and service charge year. You will be
invoiced estimated service charges for this financial year.
May - July
Actual expenditure for the previous financial year is calculated
using the council’s financial systems and paid invoices.
Preparation of invoices and supporting paperwork for previous
years actual service charges.
You will be invoiced for actual service charges for the previous
financial year. Payment should be made within 30 days.
Council answers service charge queries.
Preparation for ground rent demands and estimated service
charges for next financial year.
You will be sent a ground rent demand for the forthcoming
financial year. Final preparation for estimated service charges for
Add this page to my Quick Links: Add page
Send this page to a friend: Send