Empty business rates

Since the business rates relief on empty property changed in April 2008, it has caused a particular burden to many companies that, from time to time, have empty commercial property.

You will be exempt from paying business rates on empty property for a period of just three months after the property becomes vacant.

Business rates exemptions

There are also additional exemptions for certain types of commercial property or for properties under a set rateable value:

• Industrial premises, such as warehouses, are exempt for a further three months
• Listed buildings are exempt until they become occupied again
• Buildings with a rateable value under £2,900 are exempt until they become occupied again
• Properties owned by charities are exempt if the property’s next use is likely to be wholly or mainly for charitable purposes
• Community amateur sports club buildings are exempt if their next use is likely to be wholly or mainly for a sports club

However, after the exemption period ends, you will be liable for the full business rates bill.

We can give advice on empty business rates relief available and strategies for reducing your liability – see our business rates mitigation schemes.