Business Rate Relief for Empty or Unoccupied Properties
Non-Domestic properties that are unoccupied may still be liable to Business Rates at 100% of the annual charge.
Liability begins 3 months from the day after the property becomes unoccupied. If a new person becomes entitled to possession either during, or after, this 3 months period, a further ‘free’ period cannot be given.
Certain types of property, for instance factories and warehouses, are exempt from empty property rates for up to 6 months. This is where the Valuation Office has classed the property as Industrial.
Properties with a Rateable value of 18000 or less for the financial year 2010/2011 were exempt from empty property rates altogether. The rateable value threshold below which empty properties are exempt was reduced to 2600 for the financial year 2011/2012, and continues at this figure for the financial year 2012/2013..
If you have any queries regarding Empty Property Relief, please contact us (details below).
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