Business Rates – Empty Rates Mitigation – Supreme Court rules against SPVs designed to avoid tax

2024-05-21T12:47:24+00:00May 21st, 2021|News - Lease Advisory|

In a significant judgement, impacting property owners and occupiers with vacant space, the Supreme Court has ruled in the favour of Councils; against businesses who have used SPVs (Special Purpose Vehicle businesses taking control of business space and then dissolved or liquidated), to avoid Business Rates. In Hurstwood Properties