Did you know that in 2023/24, the UK Government plans to award over £1 billion in Empty Property Rate Relief (EPR)? However, changes that could impact businesses and property owners may be on the horizon.
Central and Local Governments are now exploring whether it is appropriate to limit the circumstances in which EPR can be claimed and, to that end, have issued a consultation paper exploring what they dub business rates avoidance and evasion.
In this release, we summarise the current system and the potential changes proposed within the consultation 👇 For more information, please drop me a message.