Changes from 1st April 2008 on Empty Properties
The
rules on how rates are charged on Empty Properties has changed from 1st April 2008. The relief previously
granted on properties that had been empty for 3 months has been removed and the full exemption given
to empty industrial properties no longer applies. The table below outlines these changes,
|
Property Type
|
Rules pre 1st April 2008
|
Rules from 1st April 2008
|
|
Empty properties (other than exempt properties)
|
Exempt for first 3 months and then charged at 50%
|
Exempt for first 3 months and then charged at 100%
|
|
Empty Industrial Properties
|
No charge as exempt
|
Exempt for first 6 months and then charged at 100%
|
|
Empty properties owned by charities to be next used for a charitable purpose
|
Exempt for first 3 months and then charged at 50% less charity relief
|
Fully exempt and no charge.
|
|
Empty properties owned by a Company in Administration
|
for first 3 months and then charged at 50%
|
No change and still exempt
|
|
Empty properties subject to Bankruptcy or Liquidation
|
Exempt
|
No change and still exempt
|
|
Empty properties prohibited by law from being occupied
|
Exempt
|
No change and still exempt
|
|
Property with a distinct part empty and an application made under section 44A Local Government Finance Act 1988.
|
If approved relief granted on empty part for a ‘temporary’ period
|
If approved relief granted on empty part for only 3 months or 6 months if Industrial
|
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