Submitted by Lorraine Turner on Monday 14th November 2022
Published on Monday 21st November 2022
Current status: Closed
Closed: Sunday 21st May 2023
Extend length of occupancy required for business rates exemption to six months
Occupation of commercial property that ends after 6 weeks will trigger eligibility for a 3 (or 6) month rates free period. We want the Government to replicate what has happened in Wales, and increase the required period of occupation, that activates rates exemption, from 6 weeks to 6 months.
Those who take advantage of current business rates exemptions to reduce their tax obligations impose an unfair burden on the honest majority and withhold money from reaching the crucial public services that need it.
We want to stop people being able to exploit the existing business rates exemptions to gain a financial advantage.
Currently businesses can use contrived, artificial occupation arrangements that serve little or no purpose other than to reduce rates liability. This is self-serving and takes resources, financial and otherwise, out of society.
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184.108.40.206 Tue, 28 Nov 2023 09:44:26 +0000