Consultation outcome

Housing revenue account: draft item 8 credit and item 8 debit (general) determination

This consultation has concluded

Detail of outcome

Original consultation

Summary

Proposals for the treatment of impairment and depreciation in housing revenue accounts of local authorities in England from 1 April 2017.

This consultation ran from
to

Consultation description

As part of the Housing Revenue Account (HRA) self-financing settlement in 2012, substantial changes were made to the accounting treatment of capital assets. A 5 year transitional period was put in place to help local authorities manage the impact of these changes by allowing them to “reverse out” impairment charges.

This consultation contains proposals on how these items should be treated in the HRA after the transitional period ends.

Documents

Housing revenue account: draft item 8 credit and item 8 debit (general) determination

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email alternativeformats@communities.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Published 26 May 2016