Written question asked by James Murray (Labour) on Thursday, 21 March 2024, in the House of Commons. It was due for an answer on Tuesday, 26 March 2024 (named day). It was answered by Nigel Huddleston (Conservative) on Tuesday, 26 March 2024 on behalf of the Treasury.

Empty Property: Business Rates

Question: To ask the Chancellor of the Exchequer, with reference to question 1 of his Department's consultation on business rates avoidance and evasion, published in July 2023, and to page 37 of his Department's publication entitled, Spring Budget 2024: Policy Costings, published in March 2024, whether his Department made an estimate of the Exchequer impact of extending the reset period for empty property relief to six months.

Answer: Responses to the Business Rates Avoidance and Evasion consultation made clear that avoidance of business rates through abuse of Empty Property Relief (EPR) is an area we need to take action on. Most respondents, and all those from local government, agreed that extending the EPR ‘reset period’ is an effective means of reducing rates avoidance. Extending the reset period to 13 weeks will help ensure a level playing field between ratepayers while maintaining support for landlords while they seek new tenants for vacant properties.

Secondary information