July 1st, 2021.
US president Benjamin Franklin famously wrote that nothing in life is certain except death and taxes. However, there are some exemptions/reliefs if you want to reduce your business rates in England, which were first introduced in 1990 as property taxes paid by occupants of non-domestic properties, typically those occupying commercial and industrial premises.What exemptions for empty properties can I claim in England?The government recognises that some premises do not have to pay business rates.
Empty propertiesYou do not have to pay business rates on empty office and retail buildings for three months. For industrial premises, the period of relief is six months. After this time, most businesses must pay full business rates.
A change of ownership during the three-month period does not trigger a fresh three-month exemption. The exemption applies to the property, not the person paying the rates.....
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