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That seems odd as in the UK property taxes are based on ownership, not vacancy. What makes you think vacant properties aren’t subject to taxes?
by prepend 3y ago
That seems odd as in the UK property taxes are based on ownership, not vacancy. What makes you think vacant properties aren’t subject to taxes?
- hn_throwaway_99 3y agoThe exemption for vacant buildings only applies to listed buildings in the UK. E.g. https://www.clearway.co.uk/news/does-a-landlord-have-to-pay-business-rates-on-an-empty-property/ https://www.clearway.co.uk/news/does-a-landlord-have-to-pay-... : > If your commercial property belongs to one or more of the following categories, you’ll be eligible for an extended period of relief for business rates, provided that your property is fully empty and not in use: ... > If your building is a listed building, you will only begin paying business rates once the property is occupied once again