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What about my empty property? Do I get any form of relief for that?

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

There are additional exemptions for certain types of 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 £2,200 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.

After the exemption period ends, you will be liable for the full business rate bill.

You should contact your local council to let them know if your property becomes vacant.