Land Value Taxation Campaign

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Home Current Affairs Factories demolished to avoid empty property rates

Factories demolished to avoid empty property rates

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An article in The Independent reports that buildings are already been knocked down to avoid having to pay rates after the government abolished rates relief on vacant property.

Anyone familiar with the theory behind LVT could have warned the government that this would happen, but in any case, have they forgotten how the Window Tax led to bricked-up windows? However, given that this is being done for no other reason than for tax avoidance, I would have thought that it is contravention of recent tax avoidance legislation. Isn't the Inland Revenue going to mount a challenge?
 


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