As from 1 April vacant properties with Rateable Values below £15,000 will be exempted from empty rates for a year.When Alistair Darling announced the news in his pre-budget report, he stated that this was great news as 70% of properties had Rateable Values below this threshold. Of course, the Chancellor neglected to tell us that many of these properties were cash machines and advertising hoardings.
Do these changes affect you? We would be interested to hear your comments.
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