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Court ruling ends £1bn UK tax loophole for empty office buildings

Created at 31 Aug · 12:11 PM1 source↑ Market-relevant
IN SHORT

A UK court of appeal ruling has ended a tax avoidance scheme that allowed companies to avoid business rates on unoccupied commercial properties for nearly two decades. The "box shifting" scheme cost local authorities an estimated £1bn.

Key Numbers

£1bnestimated cost of tax loophole to local authorities
2008year the loophole began to be exploited
67%maximum reduction in rates owed via the scheme
£35mestimated annual cost to one London council post-pandemic
£27.6mlease cost for 48th Street Holdings Ltd in 2019
£111,475.30rates saved by 48th Street Holdings Ltd in 2022-2023
£500mrates saved by POLL for clients by 2021
£1.5bntotal estimated cost to councils by one rating expert
£500,000net assets of POLL
13 weeksnew occupation requirement for rate holidays

Who's Involved

48th Street Holdings Ltd
Virgin Islands-based company that leased an office block at the centre of the case
Principled Offsite Logistics Ltd (POLL)
Provider of 'rate mitigation' services for empty business rates
City of London Corporation
Local authority that brought the case against the tax avoidance scheme
Lady Justice Falk
Court of appeal judge who ruled against the scheme
Charles Bagot KC
Deputy high court judge who previously ruled in favour of the scheme
Steven Dawson
Founder of POLL, who died in 2024
Sarah Lucas
Director of finance and co-owner of POLL, and a Labour councillor

↳ Why This Matters

This ruling closes a significant tax loophole that has cost local authorities over £1 billion, potentially restoring substantial revenue for public services and providing greater certainty for councils and property owners regarding business rates.

Key facts

  • A UK court of appeal has ruled against a tax avoidance scheme known as "box shifting" used on empty commercial properties.
  • The scheme allowed companies to avoid business rates for nearly two decades, costing local authorities an estimated £1bn.
  • The ruling stated that occupying a property solely for rate saving does not constitute beneficial occupation.
  • The City of London Corporation, which brought the case, welcomed the decision as a victory for local authorities.
  • New regulations require properties to be occupied for 13 weeks to qualify for rate holidays, making such schemes less attractive.

A landmark court of appeal ruling has effectively ended a nearly two-decade-old tax avoidance scheme that allowed companies to avoid paying business rates on unoccupied commercial properties in the UK. The practice, often referred to as "box shifting," involved strategically placing nondescript boxes in empty office spaces to reset the clock on three-month rate holidays, thereby significantly reducing or eliminating business rates.

The scheme, which has cost local authorities an estimated £1bn, was brought to a head by a case initiated by the City of London Corporation against two companies: 48th Street Holdings Ltd, a leaseholder of a London office building, and Principled Offsite Logistics Ltd (POLL), a prominent provider of rate mitigation services.

Historically, companies could claim a three-month rate holiday at the end of each tenancy. The "box shifting" scheme exploited this by moving boxes into vacant properties for short periods, then removing them to re-qualify for another holiday. This cycle could reduce rates owed by up to 67% until a long-term tenant was found. One London council alone was reportedly losing £35m annually since the pandemic due to a doubling of such claims.

While lower courts had previously upheld the legality of the scheme, deeming the motive of rates avoidance irrelevant, the court of appeal overturned these decisions. Lady Justice Falk ruled that "occupation" for the sole purpose of saving rates, without any other use, value, or benefit, does not constitute occupation under the statutory scheme.

The City of London Corporation welcomed the ruling as a significant victory, stating it closes a widely used tax avoidance scheme and safeguards revenues for essential public services. A government spokesperson acknowledged concerns about the misuse of Empty Property Relief and indicated that action is being taken to ensure businesses pay owed taxes.

POLL, which claimed to have saved clients £500m in rates by 2021, is now facing the consequences. Its application for permission to appeal to the supreme court was refused by the court of appeal. The company's website has been suspended, and its founder, Steven Dawson, died in 2024. POLL was acquired by two executives, including Labour councillor Sarah Lucas, who co-owns the company and sits on a finance committee for North Hertfordshire council.

Changes to the rules in 2024 now require buildings to be occupied for 13 weeks, rather than six, for the three-month holiday to apply, making such schemes less attractive, though variants may still be effective. Other rate mitigation schemes involving items like Bluetooth boxes, charitable exhibitions, snail farms, or faith rooms are also in use.

Frequently asked questions

It was a scheme where companies would place nondescript boxes in empty commercial buildings for short periods to reset the clock on three-month business rate holidays, effectively avoiding taxes for nearly two decades.

Estimates suggest the loophole cost local authorities over £1 billion, with one London council losing an estimated £35 million annually post-pandemic.

The Court of Appeal ruled that occupying a property solely for the purpose of saving rates does not constitute beneficial occupation, effectively ending the scheme.

Buildings now need to be occupied for 13 weeks, instead of six, for the three-month holiday to apply, making "box shifting" schemes less attractive.

What Happens Next

01POLL may still apply directly to the Supreme Court for permission to appeal.
02Councils and rate mitigation opponents will respond to the ruling.
03The government may introduce further measures to control the rate mitigation industry.

How It Developed

Companies exploited a legal loophole to avoid business rates on unoccupied commercial buildings since 2008.
The "box shifting" scheme involved moving boxes into empty properties to reset the clock on rate-free periods.
This practice allowed owners to cut rates owed by up to 67%.
A court of appeal ruling stated that "occupation" for rate saving alone does not constitute beneficial occupation.
The City of London Corporation welcomed the decision, calling it a significant victory for local authorities.
A government spokesperson acknowledged concerns about the misuse of Empty Property Relief and stated action is being taken.
Principled Offsite Logistics Ltd (POLL), a provider of rate mitigation services, had its application for permission to appeal to the supreme court refused.
New rules require buildings to be occupied for 13 weeks instead of six for the three-month holiday to apply.

Sources

T1
The London office, the empty boxes and the £1bn tax loopholeThe Guardian

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