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Seven out of ten empty commercial properties will benefit from tax exemption

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  • Seven out of ten empty commercial properties will benefit from tax exemption

    From April 2009, empty commercial properties with a rateable value below £15,000 will be exempt from business rates. It is estimated that the exemption should cover seven out of 10 empty properties This exemption to 2009/10 has just been announced by the Chancellor of the Exchequer, Alistair Darling, in his Pre-Budget Report. The decision to remove tax [...]

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