Rates relief

LOCAL businesses have been urged to take advantage of the Empty Premises Relief scheme which came into effect on April 1.

Welcoming the latest initiative Upper Bann DUP MLA Stephen Moutray said:

“It is vital that government does everything possible to assist the business community at this time.”

“That is why I want to welcome this latest initiative which will allow business ratepayers who move into premises which had previously been unoccupied for 12 months or more to claim a one year concession, during 2012/13, that will allow 50% empty property relief to continue for a year.

“Effectively it allows for 50% rate relief for up to one year once a long term empty retail premises is occupied once again.

“To receive this 50% concession ratepayers must submit an application to Land & Property Services (LPS).”