If your property is empty you may be eligible for an empty property exemption on your business rates. Offices and shops are eligible for a three-month exemption. Industrial premises are eligible for a six-month exemption.
The exemption will begin from the date the property became empty. It will also be applied from this date even if the property was empty prior to you owning or leasing the property.
You may qualify for an empty property exemption if:
- the property is prohibited by law
- action has been taken to prohibit either occupation or acquiring occupation
- the property is subject to a building preservation notice (i.e. a listed building)
- the property is an ancient monument
- the property has a rateable value below £2,900
- the property is being held by the representative of a deceased person
- the responsible party is insolvent or in administration
Please note that if you take possession of a property for which the three-month or six-month exemption period has already elapsed, you will not generally be entitled to a further three or six-month exemption period, as the case may be.
Apply for an empty property exemption
To apply you will need to: