With effect from 1 April 2008 empty properties will be exempt from Business Rates for the first three months they are empty. Industrial and warehouse properties qualify for a further three months exemption. After this period full Business Rates are payable unless the following applies:
Where the property has a rateable value less than £2,600 (2010 Rating List)
Where the property is a listed building.
Where the ratepayer is a charitable organisation or a registered Community Amateur Sports Club (CASC)
Where the ratepayer is bankrupt or in liquidation.
Where the ratepayer is a company in administration.
Where the ratepayer is entitled to occupy as an executor of a deceased person.
Where the ratepayer is prohibited by law to occupy the property.