Newly Built

The government  introduced a temporary scheme to encourage local authorities to provide rate relief on certain newly-built empty properties for up to 18 months after they are completed. Under this scheme we can provide up to 100% relief from Business Rates. This scheme for new properties works alongside the exemption already allowed on empty properties for the first three months that they are empty (or the first six months for industrial property).

 

What kind of property qualifies for newly-built empty property relief?

The property must:

  • Have been completed after 1 October 2013 and before 30 September 2016 and
  • be unoccupied non-domestic property and
  • be wholly or mainly made of a new structure (structure means foundations and/or permanent walls and/or permanent roofs)