Want Space Got Space - Offices, retail and industrial space Want Space Got Space - News about how to find and advertise commercial property to let, rent or sell in England, Wales and Scotland including Offices, Warehouse, Commercial, Manufacturing, Shops and Retail.



Courts reward compliance in business rates cases

wantspacegotspace.co.uk - Courts reward compliance in business rates casesBusinesses that seek good advice and comply absolutely with the letter of the law will have the backing of the courts in their application for legitimate avoidance of business rates tax, according to national commercial property consultancy Lambert Smith Hampton (LSH).
The two increasingly popular routes for businesses to apply for the legitimate avoidance of business tax rates are to exercise rights under Empty Property Rate (EPR) and charitable rate relief legislation.
Mark Clapham, regional director of rating at LSH, said: “In order to make a successful claim, it is vital that the claimant is able to demonstrate absolute compliance with the letter of the law.
“Failure to do so provides local authorities, motivated by budget constraints, with the opportunity to argue in the courts that these applications ought to be set aside.”
Recent cases of unsuccessful claims and the impact it can have on businesses are clear: the rejection of a claim by the charity ‘Kenya Aid Programme’ for 80% charitable relief on business rates for two warehouses left the charity with a rates bill of £3.3m, when the charity’s reported income was just £81,000.
Mark added: “There is little doubt that local authorities are frustrated at what they perceive to be the abuse of the system of rates relief. However, courts are clear that their role is to uphold the law rather than offer opinion.”

Posted by The Editor (wantspacegotspace) on 5th December 2013

Back to news list

 Surrey  Leeds  Leicester  Derby  Nottingham  Birmingham  Manchester  London  Essex  Milton Keynes  Northampton 
 Kettering  Cardiff  Basingstoke  Dorset  Shrewsbury  Bristol  Southampton  Reading  Bolton  Coventry  Swansea  High Wycombe 
 Corby  Rugby  Worcester  Chelmsford  Lincoln  Bedford  West Sussex  Doncaster  Wolverhampton  Telford  Croydon  Slough 
 Cornwall  Solihull  Sittingbourne  Fareham  Watford  Portsmouth  Ashford  Greater Manchester  Luton  West Malling  Kings Hill  Middlesex