In the 2008 pre-Budget-report, the Government announced a temporary measure for the 2009-10 business rates year, raising the threshold at which rates on empty property become liable from £2,200 to £15,000. Seventy per cent. of properties have a rateable value below £15,000, and if empty, will benefit from this measure.
The Government have no current plans to make further changes to empty property rate relief introduced from 1 April 2008. However, as with all taxes, we will keep the position under review. Decisions on taxes are a matter for the Chancellor.