The Government maintains an Empty Property Relief (EPR) to support property owners between the reoccupation of vacated premises. Under EPR, owners of properties do not normally have to pay business rates on newly vacated buildings for three months. Certain properties are also eligible for extended empty property relief, such as industrial premises which are exempt for up to six months.
Properties which have closed temporarily due to the Government’s advice on COVID-19 should be treated as occupied for the purposes of the business rates holiday for retail, hospitality and leisure properties.
A range of further measures to support all businesses, including those not eligible for the business rates holiday, has also been made available.