Empty Property Rates

March 20, 2011 12:10 AM

In April the holiday period for Empty Property Rates relief comes to an end. The TaxPayers’ Alliance (TPA) has produced this policy brief to inform taxpayers, policy makers, the media and other interested parties about the effects of that change.

Soon all businesses will have to pay full business rates on an empty commercial property just three months after it becomes vacant, and six months later for an industrial property. This comes at a time when the Government needs to do all it can to create the right supply-side environment for businesses to lead the recovery. The TPA believes that the Government should scrap the tax in this month’s Budget.

Click here to read the briefing note

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