Pre-Tax Surplus Drops 11% Among Associations

Britain’s largest housing associations (HAs) saw a significant decrease in their pre-tax surplus during the 2018 financial year. Social Housing has analysed the sector’s 2017/18 global accounts, which are published by the regulators in England, Scotland and Wales. Our analysis has shown that total surplus for the year before tax was down 10.8 per cent to £3.96bn. This figure was driven by drops in pre-tax surplus across all three countries. Read more on the Social Housing website.

https://www.socialhousing.co.uk/insight/special-report-pre-tax-surplus-drops-11-among-british-associations-62511?utm_source=Housing60&utm_medium=email&utm_content=article_link&utm_campaign=H60