Did You Know?

• That empty property rates relief is to be re-introduced for the financial year 2009/10 for buildings with a gross rateable value of less than £15,000.
• As of October 2008 Energy Performance Certificates are required for all commercial properties sold or let in excess of 50 square metres.
• 1 December 2008 saw the fifth anniversary of Stamp Duty Land Tax (SDLT). This date is important as it may be a trigger for tenants to check their leases and see whether there may be additional liabilities to SDLT which have arisen or may arise shortly.