Completion Notices for Business Properties
In accordance with Schedule 4A of the Local Government Finance Act 1988, the Council is required to determine a completion date where:
(a) a building is considered to have been completed
(b) the work remaining to be done on a building is such that it can reasonably be expected to be completed within three months
In such cases, the Council will issue a completion notice, which will specify the building to which the notice relates and the day the Council proposes as the completion day. The completion notice will be issued to the owner of the building, who is defined as ‘the person entitled to
possession’. Where the initial exemption period has expired and a new owner is entitled to possession, the new owner is not entitled to a further free period.
The significance of the completion date is that:
(a) the initial exemption period runs from then
(b) the 100% liability will commence on expiry of the exemption unless the property is occupied beforehand or another exemption applies
Please note that completion notices issued for Business Rates are not the same as completion notices issued under Building Control Regulations, as they both serve different purposes. Even if a completion notice has not been issued under Building Control Regulations, this does not prevent one from being issued for Business Rates.